Reports name V Leeladhar as new RBI dep governor

The appointment of V Leeladhar has been cleared as deputy governor at the Reserve Bank of India (RBI) according to a report by The Economic Times this week.

The names for the next round of reshuffle at public sector banks was finalised by the banking division of the Ministry of Finance.

As a replacement, K Cherian Verghese, CMD, Corporation Bank is likely to take over as CMD at Union Bank of India, The Economic Times said.