Revenue Secy Malhotra New RBI Guv

New Delhi: The central government on Monday appointed Revenue Secretary Sanjay Malhotra as the 26th Governor of the Reserve Bank of India (RBI). The Appointments Committee of the Cabinet cleared Malhotra’s name, who has been appointed as the RBI Governor for three years, starting Wednesday. Malhotra, a 1990 Batch Rajasthan Cadre IAS Officer, will replace Shaktikanta Das, whose tenure ends on Tuesday (December 10, 2024).

Malhotra, 56, will be the 26th RBI Governor. He is an engineering graduate in computer science from the Indian Institute of Technology (IIT-Kanpur), and has a Master’s in Public Policy from Princeton University, the US. In his career of over 33 years, he has worked in multifarious sectors, including power, finance and taxation, information technology, and mines, among others. Presently, he is the Secretary (Revenue) in the Ministry of Finance.

In his previous assignment, he held the post of Secretary in the Department of Financial Services under the Ministry of Finance. He has extensive experience in finance and taxation at the state as well as the central government levels. As a part of his present assignment, he plays an instrumental role in tax policy formulation in respect of direct and indirect taxes.