Revenue Secretary Sanjay Malhotra, a 1990 batch IAS officer of the Rajasthan cadre, will succeed Shaktikanta Das as the Governor of the Reserve Bank of India for a three-year term. Malhotra takes over as Das’ tenure ends this month, marking a significant transition in the leadership of India’s central bank. RBI Keeps Repo Rate Unchanged at 6.5%, Cuts CRR by 50 Basis Points to 4% (Watch Video).

New RBI Governor

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