Business & Management

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Viral V. Acharya

Department of Finance
NYU Stern School of Business
United States of America


Viral V. Acharya is the C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern). He will be on leave starting 20th January 2017 for a three-year term as a Deputy Governor at the Reserve Bank of India. Viral’s primary research interest is in theoretical and empirical analysis of systemic risk of the financial sector, its regulation and its genesis in government-induced distortions, an inquiry that cuts across several other strands of research – credit risk and liquidity risk, their interactions and agency-theoretic foundations, as well as their general equilibrium consequences.

Research Interest

Regulation of banks and financial institutions, Nexus of sovereign and financial credit risks, Credit risk and valuation of corporate debt, Asset pricing with a focus on the effects of liquidity risk, Corporate finance

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