Sanjay Malhotra A New RBI Governor: Check out his education, salary, and much more
Sanjay Malhotra is from IIT Kanpur to Princeton Malhotra graduated with a computer science degree from the Indian Institute of Technology, Kanpur, and then went on to Princeton University in the United States to obtain a master's degree in public policy.
RBI Governor Sanjay Malhotra＊s Salary Per Month: In order to guide the nation's monetary policy and maintain economic stability, the governor of the Reserve Bank of India (RBI) is essential. Curiosity over the pay and perks associated with this esteemed role has increased since it was recently announced that Sanjay Malhotra will succeed Shaktikanta Das as the next RBI Governor. The monthly salary of the RBI Governor is commensurate with the level of responsibility and experience needed to manage India's central banking operations.
Education Qualifications of Sanjay Malhotra
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With effect from Wednesday, December 11, Sanjay Malhotra, the Ministry of Finance's current revenue secretary, was named the Reserve Bank of India's (RBI) 26th governor for a three-year term.
Malhotra, a 1990-batch Indian Administrative Service (IAS) officer from the Rajasthan cadre, has a Master's degree in Public Policy from Princeton University and a Computer Science degree from IIT Kanpur.
Having held top positions at the federal and state levels, Malhotra provides more than 33 years of expertise in a variety of industries, including banking, electricity, IT, taxes, and mining.
He served as secretary at the Department of Financial Services before being named revenue secretary in December 2022, where he was instrumental in advancing financial reforms and bolstering the banking industry. As the ex-officio Secretary of the GST Council, he has also played a significant role in increasing tax revenues.
Malhotra, who is renowned for his strategic thinking, was the state-run REC's Chairman and Managing Director in the past. He succeeds Shaktikanta Das, who was appointed RBI Governor in December 2018.
What is the salary of the RBI Governor?
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A governor of the Reserve Bank of India (RBI) receives a sizable salary each month. A 2017 article cited by Press Trust India (PTI) states that a governor's base pay is Rs 2.5 lakh per month.
According to the report, retroactive revisions were made to the "basic pay of the Governor and Deputy Governors" that took effect on January 1, 2016. The base wage increased from the Rs 90,000 that the governor had previously set. Their pay is far less than that of the top executives of the several banks that the RBI regulates.
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