Last Updated on 3 weeks by Vijay Kumar
Sanjay Malhotra is an Indian Administrative Service (IAS) officer and former Revenue Secretary who has been appointed as the 26th Governor of the Reserve Bank of India (RBI).
He completed his Bachelor’s degree in Computer Science from IIT Kanpur (1989) and a Master’s in Public Policy (MPP) from Princeton University, USA. According to official sources, he was born on 14 February 1968 in Bikaner, Rajasthan.
He is from the 1990 batch of the IAS, Rajasthan cadre. His career spans over 33+ years across sectors such as power, finance, taxation, information technology, and mines. Before becoming RBI Governor, he served as Revenue Secretary from December 2022 and also held the post of Secretary, Department of Financial Services (DFS) from February 2022 to November 2022.
Sanjay Malhotra
Personal Life
He was born in Bikaner, Rajasthan on 14 February 1968. His schooling was from Kendriya Vidyalaya, Bikaner. His father reportedly served in the Border Security Force (BSF).
He keeps his family life private and has not disclosed details about his spouse, children, or net worth in public domain.
Career Highlights and Roles
- 1990: Joined IAS, Rajasthan cadre.
- Served in state-level departments in Rajasthan including finance, mines, energy, and IT.
- Worked as Private Secretary to Ministers of State in the central government in early 2000s.
- Had an international posting with UNIDO (United Nations Industrial Development Organisation) as Project Coordinator.
- Served as Additional Secretary in Ministry of Power, and Chairman and Managing Director of REC Ltd. (Rural Electrification Corporation).
- As Principal Secretary (Energy), Government of Rajasthan, he introduced reforms such as PPP in transmission and innovations in metering, billing, and collection.
- February 2022 – November 2022: Secretary, Department of Financial Services, Ministry of Finance. Oversaw financial sector reforms and IPO of LIC.
- December 2022 – 10 December 2024: Revenue Secretary of India. He worked on direct and indirect tax policies and revenue administration.
- 11 December 2024: Assumed office as 26th Governor of the RBI for a three-year term.
- As RBI Governor, he is also Chairperson (ex officio) of the Monetary Policy Committee (MPC).
- In June 2025, during a lecture at IIT Kanpur, he emphasised that challenging the “status quo” is key for innovation, referencing his UN experience and reforms in bureaucracy.
- In April 2025, he stated that the RBI will work with the government to maintain a “Goldilocks condition” for inflation and growth, reaffirming flexible inflation targeting and pushing for internationalisation of payments and the Indian rupee.
Salary, Term and Powers
He has been appointed for a three-year term as RBI Governor starting from 11 December 2024. The governor’s salary is broadly in line with top government officials. While earlier reports suggested about ₹2.5 lakh per month, exact current figures are not publicly disclosed.
The RBI Governor is the ex officio Chair of the Monetary Policy Committee and leads India’s monetary policy decisions. The Governor is appointed under the RBI Act, 1934, by the central government on recommendation of the Appointments Committee of the Cabinet.
Conclusion:
This updated biography reflects verified facts such as his birth, education, career positions, timeline of roles, and recent public statements. Sanjay Malhotra’s journey from IIT and Princeton to becoming an IAS officer and now the 26th RBI Governor is marked by dedication and reforms. With over three decades of experience, his leadership at the Reserve Bank of India is highly anticipated.
Disclaimer: All information is based on credible public sources including official websites, news portals, and verified profiles.
My name is Vijay Kumar. I work as content writer and founder of this website. I am studying BSC IT. I has been writing content since 2022. I also learn about journalism.
