On 11 December 2024, Mr. Sanjay Malhotra was appointed as the Governor of Reserve Bank of India. Mr. Sanjay Malhotra, who has considerable administrative and financial experience, assumed charge as the 26th Governor for a three-year term. An Indian Administrative Service officer from the 1990 Rajasthan cadre, Mr. Sanjay Malhotra brings experience spanning finance, taxation, information technology, and power sectors. Prior to his appointment as RBI Governor, Mr. Sanjay Malhotra served as Secretary in the Department of Revenue under the Ministry of Finance. Before that, he held the position of Secretary in the Department of Financial Services. His tenure as a bureaucrat in government service also includes being the Chairman and Managing Director of Rural Electrification Corporation Limited.
Mr. Sanjay Malhotra has previously been associated with the Reserve Bank of India, serving as a Government Nominee Director on its Central Board from February 2022 to November 2022. An alumnus of the Indian Institute of Technology, Kanpur, Shri Malhotra graduated in Computer Science and Engineering. He also holds a Master’s degree in Public Policy from Princeton University, USA, with exceptional academic foundation that complements his professional achievements.
(Source: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=59281)
