Sanjay Malhotra takes over as the 26th Governor of the RBI on Wednesday.
| Photo Credit: The Hindu
Sanjay Malhotra on Wednesday (December 11, 2024) took charge as the 26th Governor of the Reserve Bank of India.
His appointment is for three years, and will take effect on December 11, 2024.
The RBI announced the update in a tweet on Wednesday.
“Shri Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India for the next 3 years w.e.f December 11, 2024,” the RBI said.
The Centre on Monday (December 9, 2024) announced the appointment of Mr. Malhotra as the next Governor of the RBI. Former Governor Shaktikanta Das’ six-year term came to an end on Tuesday (December 10, 2024).
A 1990-batch officer of the Indian Administrative Service of the Rajasthan cadre, Mr. Malhotra is a computer science engineering graduate from the Indian Institute of Technology, Kanpur, and has a Master’s degree in Public Policy from the Princeton University, U.S.A, and will take charge of the country’s monetary policy framework and banking regulation at Mint Street.
Mr. Malhotra will steer his first monetary policy review from February 5 to 7, 2025.
Published – December 11, 2024 12:17 pm IST
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