Sanjay Malhotra RBI Governor Press Conference LIVE: Sanjay Malhotra, who was Revenue Secretary with the Finance Ministry, today (December 11) began his three-year term as the new Governor of the Reserve Bank of India (RBI). Malhotra will address the media at 3 pm today.
The Appointments Committee of the Cabinet announced his assignment in an official notification on December 9. Former RBI Governor Shaktikanta Das’ six-year term ended on December 10.
Malhotra is an IAS officer from the 1990 batch; he graduated in computer science from the Indian Institute of Technology (IIT), Kanpur, and completed his Master’s in Public Policy from Princeton University, United States.
In his 33-year career, Malhotra has worked in finance, IT, power, finance, mines, and taxation, among other sectors. He last served the Indian government as Secretary of Revenue with the Ministry of Finance and has in-depth experience in finance and taxation at both State and central government levels.
The new RBI Governor, Sanjay Malhotra, will address a press conference at 3 pm today. Stay with Livemint for all the LIVE updates!
Sanjay Malhotra Press Conference Live: Inflation, food prices the important task for new central bank governor
Sanjay Malhotra Press Conference Live: New Reserve Bank Governor Sanjay Malhotra will have to deal with inflation. Most importantly, he will have to tackle food prices, which have pushed India’s headline inflation beyond the RBI monetary policy committee’s (MPC) flexible target of 2 to 6 per cent.
In October, inflation as measured by the Consumer Price Index (CPI) was 6.21 per cent, an increase from its 5.49 per cent levels in September. Now the MPC expects retail inflation to soften to 4 per cent only by the September quarter of FY26.
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Sanjay Malhotra Press Conference Live: The central bank today welcomed new Governor Sanjay Malhotra as he began his three-year term this morning.
Sanjay Malhotra Press Conference Live: Governor Sanjay Malhotra to address media at 3 pm
Sanjay Malhotra Press Conference Live: The central bank in a post on social media platform X (formerly known as Twitter), said that Governor Sanjay Malhotra, will hold a press conference today, December 11, 2024, at 3:00 PM.
Sanjay Malhotra Press Conference Live: Sanjay Malhotra begins term, press conference at 3 pm today
Sanjay Malhotra Press Conference Live: Good afternoon and welcome to Livemint’s LIVE coverage of new RBI Governor Sanjay Malhotra’s press conference scheduled at 3 pm today. Malhotra, who was Revenue Secretary with the Finance Ministry, began his three year term as the central bank chief today.
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