Try GOLD - Free
Trust and fear on the way to Mint Road
Business Standard
|June 24, 2025
RBI Governor Sanjay Malhotra opens up about his life and work in an address at his alma mater IIT Kanpur
It's rare for a public policymaker to open up about his campus years and professional journey — recounting both victories and setbacks.
Reserve Bank of India (RBI) Governor Sanjay Malhotra offered a glimpse into his journey so far, from student days to becoming one of the country's top bureaucrats. And what better place to open up than at his alma mater — the Indian Institute of Technology (IIT) Kanpur, where he graduated 36 years ago in computer science and engineering.
Speaking at the 58th convocation of IIT Kanpur, a nostalgic Malhotra said, "I still vividly remember my first day at IIT when my mother came to drop me off with another batchmate. I recall my days at Hall III and then Hall I, the healthy rivalry between Hall II and Hall III, 'phatta' cricket, 'bulla', celebrations at Red Rose on campus, and at Chung Fa in the city, movies at L7, DEC 10 — which we were so proud of — and the iconic library."
"The steel trunk that carried my belongings to IIT, and which my loving wife has preserved to this day, is still with me," he said, also recalling his 'Wilson' tennis racquet, with which he 'religiously' played every evening on the campus clay courts.
This story is from the June 24, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Two-wheeled war hero rides into sunshine
Everything about Norton Motorcycles spells big. Among a handful of iconic, instantly recognisable bikes, with a storied history to boot, it roars on to a new future today under its Indian owners
5 mins
November 04, 2025
Business Standard
India's incomplete Odyssey
BOOK REVIEW
3 mins
November 04, 2025
Business Standard
State to acquire over 56K acres in Bundelkhand for development
The Uttar Pradesh government recently approved the acquisition of 56,600 acres of land for the development of the Bundelkhand region.
1 min
November 04, 2025
Business Standard
Jaipur’s decentralised solar panel plants now at 121 with 5 additions
Five decentralised solar power plants with a combined capacity of 9.28 megawatts (Mw) were installed in Jaipur district last week, which are expected to benefit over 1,300 farmers, a state government official said.
1 min
November 04, 2025
Business Standard
Extended rains may hit rural consumption: AWL Agri Biz top execs
Extended rains could have an impact on rural consumption as this has dented farmers financially in many parts of the country, according to AWL Agri Business (formerly Adani Wilmar).
2 mins
November 04, 2025
Business Standard
Employment is the path to Bihar youth’s homecoming
At his rally in Samastipur on October 24, Prime Minister Narendra Modi had said the National Democratic Alliance (NDA) had delivered the internetto every village at the lowest cost across the world.
3 mins
November 04, 2025
Business Standard
Smartworks rents 815,000 sq. ft office space from Hiranandani Group
Smartworks Coworking Spaces on Monday announced it has leased 815,000 square feet (sq. ft) of office space in Mumbai’s Eastbridge campus on rent from Hiranandani Group to establish the biggest managed workspace campus in the world.
1 min
November 04, 2025
Business Standard
Tales from the road
Investor sentiment towards India has cooled, but the lack of interest could be a contrarian positive signal
4 mins
November 04, 2025
Business Standard
Centre must cushion all DAP losses; long-term deals offer stability: Industry
‘The central government has increased the subsidy on phosphatic fertilisers for the second half of 2025-26 to offset the rise in prices. Despite this, companies importing diammonium phosphate (DAP) could still face losses of around %900 per bag, as the landed price remains higher than the subsidy announced.
1 mins
November 04, 2025
Business Standard
Viksit Bharat needs a clean system
Tales of corruption from almost every part of India appear regularly in both mainstream and social media. Consider a few examples:
3 mins
November 04, 2025
Listen
Translate
Change font size
