Current Affairs - Awards and Honours - Discussion

Sanjay Lohiya was nominated by the Central Government as a Director on the Central Boards of both the Reserve Bank of India (RBI) and the State Bank of India (SBI) on June 11, 2026. A 1994-batch IAS officer of the Assam-Meghalaya cadre, he serves as the Secretary of the Department of Financial Services (DFS) under the Ministry of Finance and assumed charge on June 1, 2026. His nomination followed the retirement of Nagaraju Maddirala. The appointment became effective immediately and will remain in force until further orders, strengthening coordination between the government and key financial institutions.