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In a major announcement, Revenue Secretary Sanjay Malhotra has been appointed as the 26th Governor of the Reserve Bank of India (RBI), according to an official notification issued by the Centre's Cabinet Committee on Monday. Malhotra will take over from Shaktikanta Das, whose tenure concludes on Tue
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FAQ :
Revenue Secretary Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India.
Sanjay Malhotra is a 1990-batch IAS officer from the Rajasthan cadre with a background in Computer Science Engineering from IIT Kanpur and a Master's in Public Policy from Princeton University. He has 33 years of experience in various sectors including finance and taxation.
Sanjay Malhotra is replacing Shaktikanta Das, who has served as the 25th Governor of the RBI since December 12, 2018.
Sanjay Malhotra's most recent role was as the Secretary (Revenue) in the Ministry of Finance. He was previously the Secretary of the Department of Financial Services.
Analysts expect Malhotra's experience to bolster the RBI's efforts in managing inflation, ensuring financial stability, and supporting economic growth, with anticipated continuity in monetary policies.
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