Jagdish Capoor, chairman, UTI, is likely to go back to the Reserve Bank as a deputy governor next month when his deputation at UTI comes to an end.

Capoor, the senior-most executive director of the central bank, has been at the helm of affairs at the country's largest mutual fund since February this year.

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His deputation will end on September 30, the day S S Tarapore, senior-most RBI deputy governor, retires. If elevated, Capoor will be the fourth deputy governor of RBI. The other three are S P Talwar, R V Gupta and Y V Reddy, secretary, banking division, ministry of finance.