Sanjay Malhotra takes cost as twenty sixth Governor of RBI

Sanjay Malhotra takes over because the twenty sixth Governor of the RBI on Wednesday.
| Picture Credit score: The Hindu

Sanjay Malhotra on Wednesday (December 11, 2024) took cost because the twenty sixth Governor of the Reserve Financial institution of India.

His appointment is for 3 years, and can take impact on December 11, 2024.

The RBI introduced the replace in a tweet on Wednesday.

“Shri Sanjay Malhotra takes cost because the twenty sixth Governor of Reserve Financial institution of India for the subsequent 3 years w.e.f December 11, 2024,” the RBI stated.

The Centre on Monday (December 9, 2024) introduced the appointment of Mr. Malhotra as the subsequent Governor of the RBI. Former Governor Shaktikanta Das’ six-year time period got here to an finish on Tuesday (December 10, 2024).

A 1990-batch officer of the Indian Administrative Service of the Rajasthan cadre, Mr. Malhotra is a pc science engineering graduate from the Indian Institute of Know-how, Kanpur, and has a Grasp’s diploma in Public Coverage from the Princeton College, U.S.A, and can take cost of the nation’s financial coverage framework and banking regulation at Mint Road.

Mr. Malhotra will steer his first financial coverage evaluation from February 5 to 7, 2025.