India got a new central bank governor on Wednesday as the country’s economic growth slows and inflation surges. Sanjay Malhotra, a career civil servant, was appointed to a three-year term as head of the Reserve Bank of India,

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

Sanjay Malhotra, former revenue secretary, took charge as the 26th RBI governor on Wednesday. He assumes control amidst slowing economic growth and persistent inflation, raising expectations of interest rate cuts in the upcoming policy review.

Sanjay Malhotra, a career civil servant who has mostly kept a low profile, was picked as India's new central bank governor replacing Shaktikanta Das after a six-year stint.

India appointed career civil servant Sanjay Malhotra as its new central bank governor on Monday in a surprise move that leaves markets guessing about the future direction of monetary policy, as growth slows and high inflation persists.