Sanjay Malhotra Named as 26th RBI Governor , Succeeding Shaktikanta Das

Sanjay Malhotra, currently serving as Secretary (Revenue) in the Ministry of Finance, has been appointed as the 26th Governor of the Reserve Bank of India (RBI). 

He succeeds Shaktikanta Das, whose tenure concludes in December 2024. Malhotra is an IAS officer from the 1990 batch of the Rajasthan cadre, holding extensive experience in finance, taxation, power, and IT sectors. His academic credentials include a BTech from IIT Kanpur and a masters in public policy from Princeton University.

During his tenure as Revenue Secretary Malhotra has contributed to critical fiscal reforms and policy making initiatives. His appointment comes at a time when the RBI continues to navigate complex challenges such as inflation control, the digitization of currency systems and economic recovery in a post-pandemic landscape.

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As the 26th Governor, Malhotra is expected to bring his expertise in governance and policy to the central bank influencing its trajectory in financial inclusion and innovation. 

His leadership follows a line of distinguished predecessors including Shaktikanta Das who steered the RBI through pivotal moments such as the implementation of monetary policy frameworks and the development of Indias digital currency system.

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