
Sanjay Malhotra takes charge as 26th Governor of RBI
The Hindu
Sanjay Malhotra appointed as 26th RBI Governor for 3 years starting December 11, 2024, announced by RBI on Twitter.
Sanjay Malhotra on Wednesday (December 11, 2024) took charge as the 26th Governor of the Reserve Bank of India.
His appointment is for three years, and will take effect on December 11, 2024.
The RBI announced the update in a tweet on Wednesday.
“Shri Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India for the next 3 years w.e.f December 11, 2024,” the RBI said.
The Centre on Monday (December 9, 2024) announced the appointment of Mr. Malhotra as the next Governor of the RBI. Former Governor Shaktikanta Das’ six-year term came to an end on Tuesday (December 10, 2024).
A 1990-batch officer of the Indian Administrative Service of the Rajasthan cadre, Mr. Malhotra is a computer science engineering graduate from the Indian Institute of Technology, Kanpur, and has a Master’s degree in Public Policy from the Princeton University, U.S.A, and will take charge of the country’s monetary policy framework and banking regulation at Mint Street.
Mr. Malhotra will steer his first monetary policy review from February 5 to 7, 2025.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












