Pandit Nikhil Ranjan Banerjee (14 October 1931 – 27 January 1986) was an Indian classical sitarist of the Maihar Gharana. A student of the legendary Baba Allauddin Khan, Pandit Nikhil Banerjee was known for his technical virtuosity and clinical execution. Along with Pandit Ravi Shankarand Ustad Vilayat Khan, he emerged as one of the leading exponents of the sitar. He was a recipient of the Indian civilian honour of the Padma Bhushan.

Nikhil Banerjee was born on 14 October 1931 in a Bengali Brahmin family, in Calcutta. His father, Jitendranath Banerjee, was an amateur sitarist and Banerjee was fascinated by his father’s playing. Although he wanted to try his hand at an instrument as early as the age of four, he was discouraged by his father and grandfather. At the age of five, however, they relented and he acquired a small sitar, initially learning under his father. Banerjee grew into a child prodigy. He won an all-India sitar competition and became the youngest musician employed by All India Radioat the age of nine. Jitendranath approached Mushtaq Ali Khan to take Nikhil as a disciple, but only learned from this master for a few short weeks. Instead Birendra Kishore Roy Chowdhury, the zamindar of Gouripur in present-day Bangladesh, became responsible for much of his early training. He also had considerable training under Pt. Radhika Mohan Maitra, before he went under the discipleship of Ustd. Allauddin Khan.