Sanjay Malhotra takes charge as RBI’s 26th Governor

Sanjay Malhotra takes charge as RBI’s 26th Governor

Mumbai: Sanjay Malhotra on Wednesday took charge as the 26th Governor of the Reserve Bank of India (RBI). He took charge as Governor for the next three years with effect from December 11, 2024, the Reserve Bank said in a statement.

Former revenue secretary Malhotra replaces Shaktikanta Das, who demitted office on Tuesday after a six years stint.

The government on December 9, 2024 appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet cleared Malhotra’s name, who has been appointed as the RBI Governor for three years, starting Wednesday.

Malhotra, a 1990 Batch Rajasthan Cadre IAS Officer, will replace Shaktikanta Das, whose tenure ends on Tuesday (December 10, 2024). Malhotra, who will be the 26th RBI Governor, is an engineering graduate in computer science from the Indian Institute of Technology, Kanpur, and has a Master’s in Public Policy from Princeton University, US.

In his career of over 33 years, he has worked in multifarious sectors, including power, finance and taxation, information technology, and mines, among others.

 Former revenue secretary Sanjiv Malhotra replaces Shaktikanta Das, who demitted office on Tuesday after a six years stint.  Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today