The Government of India has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das, whose tenure ends on December 10, 2024. Sanjay Malhotra, an accomplished Indian Administrative Service (IAS) officer of the 1990 batch from the Rajasthan cadre, previously served as the Revenue Secretary in the Ministry of Finance.
With his extensive experience in financial administration, Malhotra has been instrumental in shaping key economic policies. His appointment comes at a pivotal time, as the RBI continues to navigate complex challenges like inflation management and maintaining economic stability amid global uncertainties.
During his career, Malhotra has overseen significant reforms, particularly in financial inclusion and digital banking. Observers expect his leadership to reinforce RBI’s focus on innovation while ensuring robust monetary policy implementation.
