Breaking: ‘Change Is The Only Constant…’ New RBI Governor Bats For Policy Continuity

New Delhi: New Reserve Bank of India governor Sanjay Malhotra, on Wednesday said that the central bank will put its best foot forward in public interest. Addressing his first press conference after taking over as the new chief of RBI, Malhotra batted for policy continuity, while underlining that change is the only constant.

“It is a huge responsibility… I will uphold Reserve Bank’s legacy and take it forward,” said Sanjay Malhotra. Malhotra took over as the new Governor of RBI on Wednesday after his predecessor Shaktikanta Das demitted the office on Tuesday.

Prior to taking over as RBI Governor, Malhotra served as the Revenue Secretary in the Ministry of Finance. Malhotra, an IAS officer of Rajasthan cadre has three decades of experience in various departments. He was previously the chairman of Rural Electrification Corporation (REC) of India. 

  • Related Posts

    Delhi HC Stays FSSAI Ban on Dabur’s ‘100% Pure’ Products, Says Company Should Have Been Heard First

    New Delhi: The Delhi High Court on Friday stayed the operation of the Food Safety and Standards Authority of India’s (FSSAI) August 3 order directing FMCG major Dabur India Ltd to immediately stop the sale of several food products carrying claims such as “100% Pure”, “100% Natura Read More

    RBI To Roll Out India’s First Polymer Rs 10, Rs 20 Currency Notes at Start of Next Financial Year

    New Delhi: The Reserve Bank of India (RBI) is set to introduce India’s first polymer, or “plastic”, currency notes at the beginning of financial year 2028, with Rs 10 and Rs 20 denominations leading the pilot rollout.The move marks a major shift in India’s currency management str Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *