Former Reserve Bank of India deputy governor V Leeladhar may join Tata Capital, a non-banking finance company of Tata group, sources said.
Leeladhar, who is also former chairman of Indian Banks’ Association and Union Bank of India, retired from RBI on December 6.
However, it is not clear in what capacity Leeladhar will join the Tata group company.
Initially, he may join as an employee and later the board of the company, sources said.
When contacted by NewsWire18 on news of his joining Tata Capital, Leeladhar said, “I have not yet joined. Give me a chance to think over.”
A Tata Capital spokesperson declined to comment.
Leeladhar became RBI deputy governor on September 21, 2004. He looked after the departments of information technology, administration and personnel management, human resources development, premises, rural planning and credit, urban banks, banking supervision, and banking operations and development.
The government is yet to find Leeladhar’s replacement at RBI, but finance ministry sources said the process will be completed soon.