New RBI governor: Who is Sanjay Malhotra? Meet the Revenue Secretary who will succeed Shaktikanta Das as 26th RBI governor

Sanjay Malhotra, the Revenue Secretary, has been appointed as new Reserve Bank of India (RBI) governor by the Narendra Modi government. Malhotra will succeed Shakikanta Das whose tenure is scheduled to end on December 10, 2024. Sanjay Malhotra will be the 26th governor of India’s central bank.

Who is Sanjay Malhotra, the new RBI governor?

Sanjay Malhotra, a 1990 batch Indian Administrative Service Officer from the Rajasthan Cadre, holds a Bachelor’s degree in Computer Science from IIT Kanpur and earned his Master’s in Public Policy from Princeton University, USA.
Throughout his distinguished career spanning more than 33 years, Sanjay Malhotra has served across diverse sectors, including power, finance, taxation, information technology, and mines. Currently serving as Secretary (Revenue) in the Ministry of Finance, he previously held the position of Secretary in the Department of Financial Services under the Ministry of Finance, Government of India.
His extensive expertise encompasses finance and taxation at both state and central government levels. As a Revenue Secretary, he significantly contributes to formulating tax policies concerning both direct and indirect taxation systems, according to the Department of Revenue website.
(This story is being updated)