00:00India's top bank has got a new governor.
00:03Sanjay Malhotra has taken Shaktikant Das's place as the new governor of RBI.
00:10Sanjay Malhotra will be the 26th governor of RBI.
00:14The Central Ministerial Committee approved the appointment of Sanjay Malhotra,
00:19the IAS officer of the 1990 batch, and the Rajasthwa Department, as the governor.
00:26His tenure will be three years.
00:29Who is Sanjay Malhotra?
00:31What are his qualifications?
00:33How did he become the trusted officer of the government?
00:36Let's find out everything.
00:37Sanjay Malhotra is the IAS officer of the Rajasthan Cadre of the 1990 batch.
00:43He obtained a degree in Computer Science from IIT Kanpur
00:47and did a Master's in Public Policy from Princeton University, USA.
00:53Sanjay Malhotra is considered one of the reformist and strong-willed officers in the field of finance.
01:00Before working on any issue, he is known for deep research.
01:05What are Sanjay Malhotra's qualifications?
01:08Sanjay Malhotra became the chairman and MD of RIC Limited in November 2020.
01:14In December 2022, he became the Rajasthwa Sachiv.
01:18The implementation of the new income tax system is his great achievement.
01:22In Malhotra's tenure, a new direct tax system was implemented
01:26that would give relief to the pensions-earning class.
01:31Along with that, the work of making the ICR system simple also started in his tenure.
01:37In 2022, the central government appointed Malhotra as the director of RBI.
01:44Today, the Central Board of Directors looks at the work of Reserve Bank.
01:48In such a situation, Sanjay Malhotra was ahead in the race of RBI Governor.
