Sanjay Malhotra, who was Revenue Secretary with the Finance Ministry, today began his three year term as the new RBI Governor.

RBI appointed Revenue Secretary Sanjay Malhotra as New RBI Governor replaces Shaktikanta Das, RBI new governor live news & updates

Sanjay Malhotra takes charge at the Mint Street headquarters of the Reserve Bank of India (RBI) at a time when the country’s financial system and the economy in general are broadly charting a stable phase,

Challenges and Market Expectations. Mr. Sanjay Malhotra officially assumes office as the 26th Governor of the Reserve Bank of India, stepping into a challenging role during a critical juncture for India's economy.

Governor Sanjay Malhotra outlined his vision for the central bank, focusing on continuity, stability, and inclusivity during his first media interaction after taking charge as the 26th governor. Malhotra described his appointment as “both an honour and a huge responsibility” and stressed the RBI’s critical role in shaping India’s economic future.

Sanjay Malhotra steps into his role as the RBI Governor at a time when there are concerns over a slowdown in the domestic gross domestic product (GDP) and inflation has surpassed the central bank's comfort zone.

India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.

Sanjay Malhotra, who was Revenue Secretary with the Finance Ministry, today began his three year term as the new RBI Governor. He will address the media at 3 pm today.

Sanjay Malhotra has taken charge as the 26th Governor of the Reserve Bank of India (RBI). An IAS officer of the Rajasthan cadre, Malhotra’s tenure is set for three years. Earlier, he served as the Revenue Secretary.

Newly appointed RBI Governor Sanjay Malhotra on Wednesday said the central bank will maintain continuity and stability in policy matters with a greater use of technology to promote financial inclusion.