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Sanjay Malhotra appointed as new RBI Governor: Here's all about Shaktikanta Das' successor

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The central government on Monday appointed Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India for a three-year term. This appointment puts an end to weeks of speculation about who would lead monetary policy in the world's fastest-growing major economy.
The article from MSN discusses the appointment of Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. Malhotra, an IAS officer from the 1990 batch of the Rajasthan cadre, has a robust background in finance, having served in various key positions such as the Revenue Secretary and Chairman of the Public Enterprises Selection Board. His appointment comes at a time when the RBI is navigating through economic challenges including inflation control, financial stability, and digital currency initiatives. The article highlights Malhotra's experience in economic policy, his role in managing public sector enterprises, and his potential impact on India's economic policies. It also provides a brief overview of Shaktikanta Das's tenure, noting his efforts in stabilizing the economy during the global health crisis and his focus on enhancing the regulatory framework.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/politics/government/sanjay-malhotra-appointed-as-new-rbi-governor-here-s-all-about-shaktikanta-das-successor/vi-AA1vx3A7 ]