Sanjay Malhotra will be the next governor for the Reserve Bank of India. The Appointments Committee of the Cabinet approved his name. He has been appointed to the post for a period of three years starting from the 11th of this month. Mr. Malhotra will succeed Shaktikant Das.

The Rajasthan Cadre IAS officer of the 1990 batch, Mr. Malhotra is presently serving as Revenue Secretary in the Ministry of Finance. With demonstrated leadership and excellence in his career of over 33 years, Mr.  Malhotra has worked in multifarious sectors, including power, finance and taxation, information technology, and mines, among others.

He has extensive experience in finance and taxation at the state as well as the central government. As a part of his present assignment, he plays an instrumental role in tax policy formulation in respect of direct and indirect taxes.