Mon Dec 09 14:41:50 UTC 2024: ## Sanjay Malhotra Appointed as New RBI Governor

**New Delhi, [Date of Publication]:** The government has appointed Sanjay Malhotra as the new Governor of the Reserve Bank of India (RBI). He will assume office on December 11th. Mr. Malhotra brings extensive experience in finance, having served in various departments including power, finance, taxation, IT, and mines over a three-decade career. His expertise in central banking and his work style have reportedly garnered the approval of Prime Minister Narendra Modi. The appointment comes amidst other significant financial news, including an extension to the GST Amnesty Scheme deadline for appeals against tax demands until January 2024, and the government’s ongoing preparations to amend the GST Act concerning online gaming during the upcoming Monsoon Session of Parliament.

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