Sanjay Malhotra, 56, takes over as the central bank governor at a critical time where inflation has shot above the comfort level, growth has declined to a 7-quarter low and rupee is at all-time low level against US dollar.

Sanjay Malhotra assumed office as the 26th RBI Governor, succeeding Shaktikanta Das. Emphasizing continuity and stability, he highlighted the need for agility amid global challenges. Malhotra stressed collaboration with stakeholders,

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