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- Revenue Secretary Sanjay Malhotra has been appointed as 26th Governor of the Reserve Bank of India (RBI).
- His tenure will begin on December 11, 2024, and will last for three years.
- He will succeed Shaktikanta Das, who has completed a six-year term as the RBI Governor.
- Sanjay Malhotra played a key role in formulating tax policies, including those for direct and indirect taxes.
- He has also served as Secretary in the Department of Financial Services at the Ministry of Finance.
- He has held various key positions across sectors such as finance, taxation, power, information technology, and mines.
- Shaktikanta Das’s term will end on December 10, 2024.
- He assumed office as the 25th Governor of the RBI on December 12, 2018, and his term was extended in 2021.
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