Sanjay Malhotra takes charge as RBI Governor for 3 years

Mumbai: Sanjay Malhotra has officially taken charge as the 26th Governor of the Reserve Bank of India (RBI)  on Wednesday for three years, reports Dynamite News correspondent. 

Sanjay Malhotra, in his new role, will oversee the  bank's critical functions, including monetary policy, financial regulation, and ensuring economic stability in the country.

Post on social media
The RBI in a social media post said "Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India for the next 3 years w.e.f December 11, 2024"

Sanjay Malhotra succeeds Shaktikanta Das, who served as the Governor of the RBI since December 2018 and was instrumental in steering the Indian economy through various challenges, including the COVID-19 pandemic.

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Profile of Malhotra 
Sanjay Malhotra is an IAS of the 1990 Batch Rajasthan Cadre. He is an Engineering Graduate in Computer Science from the Indian Institute of Technology, Kanpur and has a Masters in Public Policy from Princeton University, USA.

In his career of over 33 years, Sanjay Malhotra has worked in multifarious sectors including power, finance and taxation, information technology, mines etc. He has extensive experience in finance and taxation at the State as well as the Central Government. As a part of his present assignment, he plays an instrumental role in tax policy formulation in respect of direct and indirect taxes.

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