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Facts Check: RBI says no, Viral Acharya quitting as Deputy Governor

Brief Outline: Now Viral Acharya resigns !! Barely minutes after Urjit Patel quit as RBI Governor, his Deputy also resigns. UNPRECEDENTED #Crisis hits #RBI !!!

Facts Check: Fake

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Facts Check Analysis: The news about Deputy Governor floated widely circulated on the social media, before the RBI spokesperson issued a clarification denying the same.

The Reserve Bank of India (RBI) on Monday denied speculation that Deputy Governor Viral Acharya was resigning from his post.

Earliar in the day Urjit R Patel issued a statement on the RBI website stating “On account of personal reasons, I have decided to step down from my current position effective immediately. It has been my privilege and honour to serve in the Reserve Bank of India in various capacities over the years. The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board, and wish them all the best for the future.”