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Monday, December 9, 2024

Revenue secretary Sanjay Malhotra to be next RBI governor

Revenue secretary Sanjay Malhotra has been appointed as the new RBI governor, succeeding Shaktikanta Das. The 56-year-old IIT Kanpur and Princeton University alumnus will begin his three-year term on December 11th. Malhotra's appointment marks a continuation of bureaucratic leadership at the central bank, following Das's tenure of close coordination with the government.

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Loan-related complaints up 43% in FY24, says RBI report

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