<h1>NYU Professor Appointed as RBI Deputy Governor Amid Criticism of Monetary Policy Changes Post-Demonetization for a Three-Year Term.</h1> The government appointed a professor from New York University as the new Deputy Governor of the Reserve Bank of India for a three-year term. This appointment comes during a period of criticism towards the central bank for frequent changes in monetary regulations following demonetization. The appointee is recognized for his research on systemic financial risks and government-induced distortions. He holds a Bachelor of Technology from IIT Mumbai and a PhD in Finance from NYU. His previous roles include positions at London Business School and the Bank of England.