How is the RBI Governor selected? Know the process
1 week, 6 days ago

How is the RBI Governor selected? Know the process

India Today  

In India, the Reserve Bank of India holds the responsibility for the smooth operation of all financial activities, whether it is related to bank management, the control of other financial institutions, the repo rate, or the reserve ratio. RBI GOVERNOR APPOINTMENT PROCESS The appointment of the RBI Governor follows a set process defined under the Reserve Bank of India Act, 1934. ELIGIBILITY CRITERIA FOR RBI GOVERNOR POST To qualify for the prestigious post of RBI Governor, candidates must meet several essential eligibility criteria: Citizenship: The candidate must be a citizen of India. RESPONSIBILITIES OF THE RBI GOVERNOR The RBI Governor plays a pivotal role in the functioning of India’s financial system. The appointment of the RBI Governor is a crucial process that ensures the selection of a leader capable of navigating India's financial system through challenges and opportunities.

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History of this topic

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation
Top News
1 week, 5 days ago

Sanjay Malhotra takes charge as India’s central bank chief amid rate cut speculation

Firstpost  

Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India. He assumes the crucial post at a very critical juncture, where growth and inflation balance has ‘unsettled’ as per his predecessor Shaktikanta Das Sanjay Malhotra takes charge as the 26th Governor of Reserve Bank of India. Sanjay Malhotra took charge as the 26th Governor of the Reserve …

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor
Trending News
1 week, 5 days ago

RBI's New Era: Sanjay Malhotra Assumes Office As New Governor

ABP News  

Sanjay Malhotra took office as the 26th Governor of the Reserve Bank of India on Wednesday. Malhotra has stepped into the role at a time when India's economy faces slowing growth and persistent inflation, with differing views emerging between the central government and the RBI on the necessity of lowering interest rates. Bond yields dropped, and the rupee weakened after …

To-do list for RBI’s new boss
1 week, 5 days ago

To-do list for RBI’s new boss

Times of India  

It is as the world is weighing what Trumponomics will mean this time around, that Sanjay Malhotra becomes the 26th man to helm India’s central bank. A further context is how RBI’s role is evolving to meet its target to become the model central bank across the Global South. The new governor also takes charge as monetary policy across the …

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today
Top News
1 week, 5 days ago

Sanjay Malhotra to assume office as 26th RBI Governor amid inflation concerns today

India TV News  

Sanjay Malhotra, a veteran of the Indian Administrative Service officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India on Wednesday. Direct transition from north section Malhotra will be the first RBI Governor after Duvvuri Subbarao who moved directly from the North Block, the seat of …

FirstUp: Sanjay Malhotra to take charge as RBI's new governor and other tops news today
1 week, 5 days ago

FirstUp: Sanjay Malhotra to take charge as RBI's new governor and other tops news today

Firstpost  

Sanjay Malhotra, RBI’s new Governor, will officially take charge today. Saudi Arabia will be confirmed by FIFA as the 2023 World Cup host The Reserve Bank of India will welcome its 26th governor on Wednesday, as Sanjay Malhotra officially takes charge. PTI It’s a crucial Wednesday today as Sanjay Malhotra, RBI’s new Governor, will officially take charge. New RBI leader …

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?
1 week, 5 days ago

What challenges await Sanjay Malhotra as he takes charge as RBI Governor?

India Today  

Sanjay Malhotra took charge as the 26th RBI Reserve Bank of India, beginning his three-year tenure on Wednesday, as he steps into a crucial role with several pressing challenges ahead. "The new RBI governor, Sanjay Malhotra, has several challenges ahead in his tenure, particularly those related to inflation and India’s economic growth," said VLA Ambala, Co-Founder of Stock Market Today. …

New Challenges for New RBI Governor
1 week, 5 days ago

New Challenges for New RBI Governor

Deccan Chronicle  

The new year 2025 is going to see a new and very different MPC composition with three newly appointed external MPC members in October 2024, being now joined by the new governor and possibly a new deputy governor in January 2025 with deputy governor Michael Patra's tenure getting over. Entrenched state of India's stagflation, tricky timings and small window of …

Shaktikanta Das lists out tasks for new RBI Governor
Trending News
1 week, 6 days ago

Shaktikanta Das lists out tasks for new RBI Governor

Deccan Chronicle  

Mumbai: The outgoing Reserve Bank of India governor Shaktikanta Das on Tuesday said that “restoring inflation-growth balance” is the most important task ahead of the central bank. “So far as the Reserve Bank is concerned, I think restoring the inflation growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under …

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra
1 week, 6 days ago

Will work to understand all perspectives, do what's best for economy: RBI Governor-designate Sanjay Malhotra

The Hindu  

Revenue Secretary Sanjay Malhotra on Tuesday said he will work to understand all perspectives and do what is best for the economy after he takes charge as the RBI Governor on December 11. Responding to reporters' queries outside the Finance Ministry, Mr. Malhotra said, "One has to understand the turf, all perspectives and do what's best for the economy." Mr. …

3 big challenges Sanjay Malhotra will face as RBI governor
1 week, 6 days ago

3 big challenges Sanjay Malhotra will face as RBI governor

Firstpost  

Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head Sanjay Malhotra will assume charge as the 26th governor of the Reserve Bank of India. Challenges before Sanjay Malhotra …

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor
1 week, 6 days ago

Who is Sanjay Malhotra? 5 things to know about the new RBI Governor

India Today  

The Reserve Bank of India will welcome its 26th Governor on December 11, as Sanjay Malhotra officially takes charge. Shaktikanta Das, known for steering the RBI through critical phases, leaves the post after maintaining steady interest rates for nearly two years amid inflation concerns. FIVE KEY FACTS ABOUT THE NEW RBI CHIEF, SANJAY MALHOTRA Sanjay Malhotra is a 1990-batch Indian …

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for
1 week, 6 days ago

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for

India Today  

Sanjay Malhotra, the new Reserve Bank of India Governor, assumes charge at a time when economic challenges demand fresh perspectives. Analysts at Nomura anticipate a rate cut at the February Monetary Policy Committee meeting, possibly by 25 basis points, with further cuts totalling 100 basis points by the end of 2025. Macroprudential policies: Encouraging bank credit growth Malhotra’s background in …

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra
Top News
1 week, 6 days ago

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra

India Today  

Outgoing Reserve Bank of India Governor Shaktikanta Das shared his thoughts on his successor, Sanjay Malhotra, during a press conference held on his final day in office. Shaktikanta Das spoke highly of Sanjay Malhotra, who is set to take over as the new RBI Governor for a three-year term, effective Wednesday, December 11. COORDINATION WITH THE FINANCE MINISTRY Shaktikanta Das …

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?
2 weeks ago

Sanjay Malhotra appointed India’s 26th RBI Governor. Who is he?

Firstpost  

The Centre has appointed Revenue Secretary Sanjay Malhotra as the 26th Reserve Bank of India governor. He has a Bachelor’s degree in computer science from IIT Kanpur and a Master’s degree in public policy from the prestigious Princeton University The government has appointed Sanjay Malhotra as the new RBI Governor. Appointments Committee of the Cabinet has appointed Revenue Secretary Sanjay …

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das
Top News
2 weeks ago

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das

Live Mint  

Revenue Secretary Sanjay Malhotra was appointed as the next Governor of the Reserve Bank on Monday for a period of three years. He will take over the top post later this week — after the six-year term of Shaktikanta Das ends on December 10. However, growth slowed down to a seven-quarter low of 5.4 per cent in the July-September period …

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das
2 weeks ago

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das

ABP News  

The central government announced on Monday the appointment of revenue secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India, replacing Shaktikanta Das with a three-year term starting from December 11, 2024. Das, who was appointed as the 25th RBI Governor on December 12, 2018, took office following Urjit Patel's sudden resignation. Before being appointed RBI Governor, …

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das
2 weeks ago

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das

ABP News  

The government announced on Monday that Sanjay Malhotra, currently the revenue secretary for the government of India, will take over as the governor of the Reserve Bank of India. Malhotra, an experienced bureaucrat, will assume the role of the 26th Governor of the Reserve Bank of India, succeeding Shaktikanta Das, whose term concludes on Tuesday. Shaktikanta Das Meanwhile, before Shaktikanta …

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor
2 weeks ago

India appoints Revenue Secretary Sanjay Malhotra as New RBI Governor

Live Mint  

India on Monday appointed Revenue Secretary Sanjay Malhotra as new Governor of the Reserve Bank of India. The Appointments Committee of the Cabinet has appointed Sanjay Malhotra as the next RBI Governor for a three-year term beginning from December 11, 2024, according to the official notification. Sanjay Malhotra will be the 26th Reserve Bank of India governor, succeeding Shaktikanta Das. …

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor
2 weeks ago

1990-batch IAS, IITian: Meet Sanjay Malhotra, newly-appointed RBI Governor

India Today  

Sanjay Malhotra, a 1990-batch Indian Administrative Service officer from the Rajasthan cadre, has been appointed as the new Governor of the Reserve Bank of India for a three-year term. Malhotra's extensive experience across key sectors could help as he takes up the key role, replacing the outgoing Governor Shaktikanta Das. As the new RBI Governor, Malhotra will face significant challenges, …

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor
2 weeks ago

Sanjay Malhotra, Revenue Secretary, appointed by Modi government as next RBI Governor

India TV News  

RBI new governor: The Indian government has appointed Sanjay Malhotra as the 26th Governor of the Reserve Bank of India. He will take over as RBI Governor from Shaktikanta Das, whose tenure will be ending on December 10, 2024. Malhotra played key role in financial reforms With over 33 years of experience across sectors such as finance, taxation, and governance, …

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das
2 weeks ago

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das

India TV News  

Sanjay Malhotra was appointed as the Governor of the Reserve Bank of India on Monday, the Appointments Committee of the Cabinet in a statement informed. Malhotra a 1990 batch Indian Administrative Service officer from the Rajasthan cadre, will assume office from December 11, for the next three years, the RBI said in a statement. Revenue Secretary Malhotra will replace Shaktikanta …

RBI governor Shaktikanta Das's term likely to be extended further: Report
1 month ago

RBI governor Shaktikanta Das's term likely to be extended further: Report

Hindustan Times  

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. Reuters said the Finance Ministry, the Prime Minister's Office, and the central bank did not immediately respond to emails seeking comment. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank, …

RBI invites applications for Deputy Governor’s post
1 month, 2 weeks ago

RBI invites applications for Deputy Governor’s post

The Hindu  

The Reserve Bank of India has invited applications for one Deputy Governor’s post from eligible applicants. One position is slated for vacancy as Deputy governor Dr Michael Debabrata Patra, in charge of monetary policy and a member of the Monetary Policy Committee, is scheduled for retirement in mid January 2025. The applicants, not to be more than 60 years of …

RBI Recruitment 2023: Apply for Managerial & other posts at rbi.org.in
1 year, 6 months ago

RBI Recruitment 2023: Apply for Managerial & other posts at rbi.org.in

Hindustan Times  

Reserve Bank of India, RBI has invited applications from candidates to apply for Managerial and other posts. RBI Recruitment 2023: Apply for Managerial & other posts at rbi.org.in The registration process was started on May 29 and will end on June 20, 2023. Vacancy Details Legal Officer in Grade ‘B’: 1 post Library Manager : 3 posts Assistant Manager : …

Govt Extends RBI Deputy Governor Michael Patra’s Term By One Year: Report
1 year, 11 months ago

Govt Extends RBI Deputy Governor Michael Patra’s Term By One Year: Report

ABP News  

The central government has extended the tenure of the Reserve Bank of India Deputy Governor Michael Debabrata Patra for a period of one year. The report cited sources saying that the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved Patra's re-appointment as the RBI's deputy governor for a further period of one year with effect …

Cabinet Secretary Led Panel Interviews Eight Candidates for RBI Deputy Governor's Post
4 years, 4 months ago

Cabinet Secretary Led Panel Interviews Eight Candidates for RBI Deputy Governor's Post

News 18  

The Cabinet Secretary-headed panel on Friday interviewed eight candidates for the post of RBI deputy governor which fell vacant in March after N S Vishwanathan demitted office on health grounds, three months ahead of the end of his extended tenure. The Financial Sector Regulatory Appointment Search Committee earlier had a preliminary meeting on August 7 with regard to selection of …

Cabinet Secretary-led Panel to Select Candidate for RBI Deputy Governor Tomorrow
4 years, 4 months ago

Cabinet Secretary-led Panel to Select Candidate for RBI Deputy Governor Tomorrow

News 18  

A search panel headed by the cabinet secretary is scheduled to interview shortlisted candidates on Friday for the post of RBI deputy governor, sources said. The panel had a preliminary meeting on August 7 with regard to the selection of successor for senior-most Deputy Governor NS Vishwanathan, who demitted office three months ahead of his extended tenure on March 31 …

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