Sanjay Malhotra

Civil Servant

Indian Bikaner, Rajasthan, India

Quick Info

ProfessionCivil Servant
NationalityIndian
Date of Birth14/02/1968
Age58 years
BirthplaceBikaner, Rajasthan, India

Latest News about Sanjay Malhotra

2025

Sanjay Malhotra received the Distinguished Alumni Award 2025 from IIT Kanpur in recognition of his stellar contributions in the fields of Public Policy, Banking, Taxation and Power.

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Bio/Wiki

Professional BackgroundSanjay Malhotra is renowned for his significant contributions as a civil servant, particularly recognized for being appointed as the 26th Governor of the Reserve Bank of India since December 2024.
Service History
  • Joined the Indian Administrative Service (IAS) in 1990 as part of the Rajasthan cadre.
  • Served in various capacities within the Rajasthan government, including roles from Sub-Divisional Officer to Secretary of the Finance Department.
  • Topped the Civil Services Exam in 1989 on his first attempt.
  • Served as Private Secretary to Union Ministers from 2000 to 2003.
  • Appointed Additional Secretary in the Ministry of Power in 2020 and Chairman and Managing Director of Rural Electrification Corporation.
  • Served as Secretary of Financial Services in the Ministry of Finance from February 2022, launching the IPO of Life Insurance Corporation.
  • Appointed Revenue Secretary in December 2022, implementing a new income tax regime.
  • Served as project coordinator in the United Nations Industrial Development Organisation (UNIDO) with the rank of Deputy Secretary.
  • Appointed Additional Secretary in the Ministry of Power and later served as Chairman and Managing Director of Rural Electrification Corporation Limited, dealing with transmission, distribution, reforms and restructuring.
  • Served as Secretary in the Department of Financial Services in the Ministry of Finance from February 2022, launching the IPO of Life Insurance Corporation.
  • Appointed as the 26th Governor of the Reserve Bank of India on December 9, 2024, for a three-year term, taking office on December 11, 2024.

Physical Stats & More

Eye ColorBlack
Hair ColorBlack

Educational Qualification(s)

SchoolKendriya Vidyalaya (1978-1985)
College/University
  • Indian Institute of Technology Kanpur, Uttar Pradesh
  • Princeton University, New Jersey, USA
Degrees
  • Bachelor of Technology in Computer Science from IIT Kanpur (1985-1989)
  • Master's degree in Public Policy from Princeton University

Personal Life

Marital StatusMarried

Relationships & More

Marital StatusMarried

Career

Career OverviewSanjay Malhotra's career spans over 33 years within the Indian Administrative Service and the Government of Rajasthan. He has held influential positions including Collector, Project Coordinator for UNIDO, Secretary in multiple departments, and Chairman and Managing Director of Rural Electrification Corporation Limited. His tenure includes leading initiatives in energy, power distribution, finance, taxation, and public policy, culminating in his appointment as the 26th Governor of the Reserve Bank of India in December 2024.
Awards
  • Distinguished Alumni Award 2025 from IIT Kanpur for contributions in Public Policy, Banking, Taxation and Power.
  • Distinguished Alumni Award 2025 from IIT Kanpur for stellar contributions in Public Policy, Banking, Taxation and Power.

Some Lesser Known Facts

1. Sanjay Malhotra was the Secretary of the Urban Improvement Trust in Alwar at a young age, showing his early leadership capabilities.
2. He participated in an international program in France focused on management in the public sector.
3. Sanjay has contributed to various governmental reforms, particularly in the areas of power distribution and urban development.
4. Served as project coordinator in the United Nations Industrial Development Organisation (UNIDO) with the rank of Deputy Secretary.
5. While serving as Principal Secretary in-charge of Energy Department in Rajasthan, he was instrumental in appointing distribution franchisees in four towns and introducing PPP in transmission.
6. He has extensive experience in finance and taxation at both state and central government levels.
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