Sanjay Malhotra, the newly appointed 26th Governor of the Reserve Bank of India, began his three-year term on December 11, 2024. In his first press conference, following the announcement by the Appointments Committee of the Cabinet on December 9,

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.

With extensive experience in various Indian government departments, Malhotra is well-versed in finance and taxation at both state and central levels