Sanjay Malhotra
Sanjay Malhotra | |
|---|---|
| Born | February 14, 1968 Bikaner, Rajasthan, India |
| Occupation(s) | Indian Administrative Service officer, Bureaucrat |
| Years active | 2000–present |
| Known for | 26th Governor of the Reserve Bank of India |
Sanjay Malhotra (born 14 February 1968) is an Indian bureaucrat and an IAS officer who has been serving as the 26th Governor of the Reserve Bank of India since 11 December 2024. A member of the 1990 IAS batch from the Rajasthan Cadre, Malhotra has held several significant administrative positions throughout his professional journey.
Early life and education
Hailing from Bikaner, Rajasthan, Malhotra completed his schooling at Kendriya Vidyalaya in Bikaner. He holds a Bachelor of Technology degree in computer science from the Indian Institute of Technology, Kanpur, along with a Master's in Public policy from Princeton University, USA. His father served as an officer in the Border Security Force (BSF).
Career
Malhotra's career commenced in 2000 when he was appointed as Private Secretary to a Union Minister, following his tenure in various departments within the Rajasthan government. Between 2003 and 2020, he contributed to multiple sectors including mines and minerals, information and broadcasting, finance, energy, and commercial taxation within Rajasthan. Simultaneously, he undertook an international assignment as project coordinator at the United Nations Industrial Development Organisation (UNIDO), holding the rank equivalent to Deputy Secretary. From 2000 to 2003, he also served as Personal Secretary to Ministers of State overseeing Space and Micro, Small and Medium Enterprises.
In 2020, Malhotra was elevated to the position of Additional Secretary in the Ministry of Power, where he also held the role of chairman and managing director at the Rural Electrification Corporation. He was appointed Secretary of Financial Services at the Ministry of Finance in February 2022, supervising key initiatives such as the initial public offering of the Life Insurance Corporation and serving on the board of the Reserve Bank of India (RBI). Later that year, he took charge as Revenue Secretary and introduced a revised income tax framework. On 11 December 2024, Malhotra assumed office as Governor of the RBI.