Sanjay Malhotra New RBI Governor of India.
With effect from December 2024, Sanjay Malhotra has been named the Reserve Bank of India’s (RBI) 26th governor. The Cabinet’s Appointments Committee authorized Malhotra’s appointment for a three-year term. Sanjay Malhotra RBI Governor, who has decades of experience as the 26th RBI Governor, assumes over on December 11 as Shaktikanta Das bids adieu.
prior to his recent appointment as the Governor of the Reserve Bank of India (RBI), Sanjay Malhotra, an IAS officer from the 1990 batch of the Rajasthan cadre
who is Sanjay Malhotra RBI Governor ? Tarun Bajaj has been replaced as India’s new Revenue Secretary by Sanjay Malhotra, an IAS officer from the 1990 batch. With a master’s degree in public policy from Princeton University and a degree from IIT Kanpur, Malhotra has a solid academic foundation. He held a number of important roles in the Indian bureaucracy before taking on this role, including Secretary of Financial Services and Asia News Network.
If you were referring to a recent appointment involving the Reserve Bank of India (RBI), there are no confirmed reports that suggest Sanjay Malhotra has been named the new governor of the RBI. Shaktikanta Das is still the governor as of December 2024, according to Asia News Network.
Prior to his recent appointment as the Governor of the Reserve Bank of India (RBI), Sanjay Malhotra, an IAS officer from the 1990 batch of the Rajasthan cadre, held a number of important roles during his career.
His noteworthy prior roles are summarized as follows:
1.Secretary of Revenue, Government of India
In November 2022, he was named Revenue Secretary. He was in charge of revenue generation, customs, and tax administration in this capacity, all of which were vital to India’s fiscal policy and economic governance.Wikipedia, Asia News Network.
2.Secretary, Financial Services Department (DFS)
In his capacity as DFS Secretary, he oversaw insurance laws, banking reforms, and the execution of financial inclusion initiatives like the Jan Dhan Yojana. He aimed to improve loan availability and fortify public sector banks.
Prior to his recent appointment as the Governor of the Reserve Bank of India (RBI), Sanjay Malhotra, an IAS officer from the 1990 batch of the Rajasthan cadre, held a number of important roles during his career. This is an overview of Asia News Network.
3.MD and Chairman of REC Limited
Malhotra was the managing director of REC Limited, formerly known as the Rural Electrification Corporation, where he oversaw the financing of infrastructure projects in both rural and urban areas and worked to modernize the electricity sector (WIKIPEDIA).
4.Roles at the State Level in Rajasthan
Prior to his appointments with the federal government, Malhotra had significant administrative positions in Rajasthan that dealt with public administration, planning, and urban development.
Educational Background
With a Master’s in Public Administration from Princeton University and an Electrical Engineering degree from IIT Kanpur.