Sanjay Malhotra

Sanjay Malhotra, IAS (born 14 February 1968) is an Indian bureaucrat and IAS officer who is serving as the current and 26th Governor of the Reserve Bank of India since 11 December 2024. He is an IAS Officer of the 1990 Batch Rajasthan Cadre, and has served in various positions throughout his career. He then completed his Master's degree in Public policy from the Princeton University, United States. His father was an officer in the Border Security Force (BSF).

Career Malhotra's career in the Indian government's bureaucracy began in 2000, when was appointed as Private Secretary to a Union Minister. Before his appointment as Private Secretary, he served in various departments in Rajasthan. From 2003 to 2020, Malhotra worked in the Rajasthan government's departments of mines and minerals, information and broadcasting, finance, energy, and commercial taxation. From 2000 to 2003, Malhotra was Personal Secretary to the Minister of State for Space and the Minister of State for Micro, Small and Medium Enterprises.

In February 2022, he was appointed Secretary of Financial Services in the Ministry of Finance and during his time in the position, he launched the initial public offering of the Life Insurance Corporation and was also a member of the board of the Reserve Bank of India (RBI). Malhotra was appointed Revenue Secretary in December 2022, and he implemented a new income tax regime during his time in the position.