RBI Governor House: The Union Cabinet has approved the appointment of Sanjay Malhotra as the new Governor of the Reserve Bank of India. Sanjay Malhotra, a 1990 batch Indian Administrative Service (IAS) officer and currently the Revenue Secretary, will take charge on December 11, 2024. The tenure of the RBI Governor is usually three years. Sanjay Malhotra will replace Shaktikanta Das in the role, whose tenure ends on December 10, 2024.
figuring out 450 crore bungalow Speaking to YouTuber Raj Shamani in a podcast, former RBI Governor Raghuram Rajan said, ‘I did the calculations once and I came to know that if we sell our house, we will get Rs 450 crore. In fact, the bungalow that the RBI Governor currently has in the Malabar Hill area of Mumbai is quite big and luxurious. All kinds of facilities are available in this bungalow. Talking about salary, in the same podcast, Raghuram Rajan, who was the RBI Governor from September 2013 to September 2016, said that during his time the annual salary of the Governor was only Rs 4 lakh.
What was the salary of Shaktikanta Das?
According to the report published on NBT, according to information received from an RTI, the monthly salary of the previous Governor Shaktikanta Das was Rs 2.5 lakh. Even Urjit Patel, who was the Governor of RBEI before Shaktikanta Das, was getting the same salary. Talking about the salary of other top officials in RBI, the salary of Deputy Governor is Rs 2.25 lakh per month. Whereas the salary of the Executive Director is Rs 2.16 lakh per month.
Who is the new RBI Governor Sanjay Malhotra?
Sanjay Malhotra is a 1990 batch IAS officer of Rajasthan cadre. He studied engineering in computer science from IIT, Kanpur and earned a master’s degree in public policy from Princeton University. Let us tell you that in his 33 years of career, he has shown great leadership and experience in various sectors like power, finance and taxation, information technology, mining. He is currently serving as Revenue Secretary in the Finance Ministry. Earlier he was holding the post of Secretary in the Department of Financial Services under the Ministry of Finance.
