Sanjay Malhotra’s tenure will last for three years.
New Delhi:
Sanjay Malhotra, a 1990-batch IAS of Rajasthan cadre, has been appointed as the Governor of the Reserve Bank of India (RBI). He will succeed Shaktikanta Das as the RBI chief.
Here are 5 facts on Sanjay Malhotra:
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Prior to his appointment, Sanjay Malhotra served as revenue secretary at the Ministry of Finance.
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Before his tenure as Revenue Secretary, Mr Malhotra held the position of Chairman and Managing Director of REC Limited, a state-owned enterprise specialising in financing power projects.
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As Revenue Secretary, Mr Malhotra has experience handling Goods and Services Tax (GST) reforms. He also served as an ex-officio Secretary to the GST Council.
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Mr Malhotra is an alumnus of the Indian Institute of Technology (IIT) Kanpur. He also has a Master’s degree in public policy from Princeton University, USA.
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Mr Malhotra will be the 26th RBI Governor and his tenure will last for three years.
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