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ARTICLE · 03 JANUARY 2025

AKP Banking & Finance Digest- December 16, 2024

Shri Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, assumes office as the 26th (twenty-sixth) Governor of RBI for a three-year term starting December 11, 2024. Previously, he served as Secretary.

IndiaFinance and Banking

1. Regulatory Updates

1.1. India

1.1.1. Sanjay Malhotra appointed RBI governor

Shri Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, assumes office as the 26th (twenty-sixth) Governor of RBI for a three-year term starting December 11, 2024. Previously, he served as Secretary in the Department of Revenue and Department of Financial Services. With extensive experience in finance, taxation, Information Technology, and power sectors, Malhotra holds a Computer Science degree from Indian Institute of Technology, Kanpur and a Public Policy Master's from Princeton University. RBI

1.1.2. RBI launches the handbook of Indian states

RBI has published the ninth edition of the Handbook of Statistics on Indian States, 2023-24. This comprehensive publication provides sub-national data on socio-demographics, health, state domestic product, agriculture, environment, industry, banking, and fiscal indicators across Indian states for periods from 1951 to

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