26th RBI Governor Sanjay Malhotra Takes Charge, Focuses on Stability, Growth, and Trust

 Sanjay Malhotra on Wednesday, December 11, took charge as the 26th Governor of the Reserve Bank of India (RBI). In his first public interaction as the central bank's new head promised to focus on restoring trust, promoting growth, and ensuring policy stability. Malhotra, a 56-year-old career bureaucrat, takes over at a critical time when inflation is above comfortable levels, growth has slowed to a seven-quarter low, and the rupee is at an all-time low against the US dollar.