The Union government has appointed Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI), according to CNBC-TV18.

Malhotra succeeds Shaktikanta Das as the Governor of RBI, who has held the office since 2018.

Malhotra has been appointed as the Governor of RBI for a tenure of three years from December 11 (Wednesday).

Malhotra is a 1990-batch IAS officer from Rajasthan cadre.

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Govt appoints Revenue Secretary Sanjay Malhotra as RBI Governor