We are honoured to have Professor Viral Acharya, C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern), as the keynote speaker of IMRDC 2025. Professor Acharya was the Deputy Governor at the Reserve Bank of India (RBI) during January 2017 to July 2019 and a Resident Scholar at the Federal Reserve Bank of New York (Sep 2022-Jan 2023) in charge of Monetary Policy, Financial Markets, Financial Stability, and Research. Professor Acharya’s research interests are in theoretical and empirical analysis of systemic risk of the financial sector, its regulation, and its genesis in government- and policy-induced distortions. He currently serves as the editor of the Journal of Law, Finance and Accounting (2014-16, 2020-), a member of the Editorial Committee of the Annual Review of Financial Economics (2022-), and a Board member of the American Finance Association (2024-) and Financial Intermediation Research Society (2023-).