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Sanjay Malhotra

From Wikipedia, the free encyclopedia
Governor of the Reserve Bank of India (RBI) since 2024
Sanjay Malhotra,IAS
26th Governor of the Reserve Bank of India
Assumed office
11 December 2024
PresidentDroupadi Murmu
Prime MinisterNarendra Modi
Preceded byShaktikanta Das
Revenue Secretary ofIndia
In office
1 December 2022 – 11 December 2024
Appointed byAppointments Committee of the Cabinet
Preceded byTarun Bajaj
Succeeded byArvind Shrivastava
Financial Services Secretary ofIndia
In office
1 February 2022 – 30 November 2022
Appointed byAppointments Committee of the Cabinet
Preceded byDebasish Panda
Succeeded byVivek Joshi
Personal details
Born (1968-02-14)14 February 1968 (age 58)[1]
Alma materKendriya Vidyalaya
IIT Kanpur (BTech)
Princeton University (MPP)[2]
OccupationIAS officer
ProfessionBureaucrat

Sanjay Malhotra (born 14 February 1968) is an Indianbureaucrat andIAS officer who is serving as the current and 26thGovernor of theReserve Bank of India since 11 December 2024.[3][4] He is anIAS Officer of the 1990 BatchRajasthan Cadre, and has served in various positions throughout his career.[5][6]

Early life and education

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Malhotra was born inBikaner,Rajasthan and completed his schooling fromKendriya Vidyalaya of Bikaner . He graduated with aBachelor of Technology incomputer science from theIndian Institute of Technology, Kanpur.[7] He then completed hisMaster's degree inPublic policy from thePrinceton University, United States.[7] His father was an officer in theBorder Security Force (BSF).

Career

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Malhotra's career in theIndian government'sbureaucracy began in 2000, when was appointed asPrivate Secretary to aUnion Minister. Before his appointment as Private Secretary, he served in various departments in Rajasthan.[6] From 2003 to 2020, Malhotra worked in theRajasthan government's departments of mines and minerals, information and broadcasting, finance, energy, and commercial taxation.[6] Between 2003 and 2020, in an international posting, Malhotra was a project coordinator in theUnited Nations Industrial Development Organisation (UNIDO), where he held the rank of Deputy Secretary.[8] From 2000 to 2003, Malhotra was Personal Secretary to theMinister of State forSpace and theMinister of State for Micro, Small and Medium Enterprises.[8] In 2020, he was appointed as theAdditional Secretary in theMinistry of Power and he also served as thechairman andmanaging director of theRural Electrification Corporation.[6][9]

In February 2022, he was appointed Secretary of Financial Services in theMinistry of Finance and during his time in the position, he launched theinitial public offering of theLife Insurance Corporation and was also a member of the board of theReserve Bank of India (RBI).[6][10] Malhotra was appointed Revenue Secretary in December 2022, and he implemented a new income tax regime during his time in the position.[6][10] On 11 December 2024, Malhotra was appointedGovernor of the RBI.[11]

References

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  1. ^"Civil List of IAS Officers".dtf.in.Archived from the original on 17 September 2024. Retrieved20 November 2023.
  2. ^Profile: Princeton-educated consensus builder Sanjay Malhotra is new RBI Governor, The Hindu Business Line, retrieved26 April 2025
  3. ^"RBI new Governor Sanjay Malhotra's first agenda: Rate cut in February?".The Indian Express. 11 December 2024. Retrieved11 December 2024.
  4. ^"Notification"(PDF). Archived fromthe original(PDF) on 13 December 2024.
  5. ^"'Calm influence': Revenue Secretary Sanjay Malhotra next RBI Governor".The Indian Express. 9 December 2024. Retrieved9 December 2024.
  6. ^abcdefDinakaran, R. (10 December 2024)."Who is RBI Governor-designate Sanjay Malhotra?".The Hindu BusinessLine. Retrieved5 March 2025.
  7. ^ab"Who is Sanjay Malhotra? The new RBI Governor: Here's a look at his educational journey from IIT Kanpur to Princeton".The Times of India. 10 December 2024.ISSN 0971-8257. Retrieved11 December 2024.
  8. ^abKumar, Harsh; Mishra, Asit Ranjan (9 December 2024)."Change of guard: Who is Sanjay Malhotra, Centre's pick as new RBI governor?".Business Standard.Archived from the original on 18 December 2024. Retrieved6 March 2025.
  9. ^"Who is Sanjay Malhotra, the next RBI chief?".The Hindu. 9 December 2024.ISSN 0971-751X. Retrieved9 December 2024.
  10. ^abDhoot, Vikas (14 December 2024)."Sanjay Malhotra | The new boss at Mint Street".The Hindu.ISSN 0971-751X. Retrieved5 March 2025.
  11. ^"Coming soon, Rs 50 notes signed by new RBI governor Sanjay Malhotra".Business Today. 12 February 2025. Retrieved5 March 2025.
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