Sanjay Malhotra, who was Revenue Secretary with the Finance Ministry, today began his three year term as the new RBI Governor.

Governor Sanjay Malhotra outlined his vision for the central bank, focusing on continuity, stability, and inclusivity during his first media interaction after taking charge as the 26th governor. Malhotra described his appointment as “both an honour and a huge responsibility” and stressed the RBI’s critical role in shaping India’s economic future.

Newly appointed RBI Governor Sanjay Malhotra on Wednesday said the central bank will maintain continuity and stability in policy matters with a greater use of technology to promote financial inclusion.