V. T. Dehejia
V. T. Dehejia | |
|---|---|
| Occupation(s) | Government official, banker |
| Years active | 1935–1990 |
| Known for | Fifth Chairman of State Bank of India |
V. T. Dehejia was an Indian government official and banking leader, most notably recognized as the fifth Chairman of State Bank of India.
Early career
Dehejia was among the initial awardees of the Jamsetjee Nusserwanjee Tata Scholarship, which was founded in 1892, and he earned distinction as a remarkable scholar throughout his academic pursuits.
Civil Service
Prior to India's independence in 1947, he entered the Imperial Civil Service and held the role of district collector for Ahmednagar district in Maharashtra between April and December 1935. Additionally, Dehejia served as secretary to the Ministry of Finance (India), playing a significant role in financial administrative operations.
Banking career
From March 1965 until February 1969, Dehejia was the fifth Chairman of State Bank of India. Upon his retirement in 1990, he was succeeded by Raj Kumar Talwar, who went on to have one of the lengthiest chairmanships at SBI.
During his leadership, the National Credit Council (NCC) was launched in October 1968 with the purpose of evaluating credit requirements for Indian commerce and industry. This body, often referred to as the Dehejia Committee, provided important recommendations regarding working capital assessment.
Legacy
V. T. Dehejia stands out as one of the final members from the Imperial Civil Service to assume the chairmanship at SBI. Following his tenure, leadership has predominantly come from career banking professionals or officials from the Indian Administrative Service, indicating a transition in the bank’s leadership selection process.