 After retirement he became a director of the Reserve Bank of India and the IDBI Bank, and chairman of several companies.In 1977 he was honoured with a Padma Vibhushan for meritorious services rendered to the country.His grandson, Ashok Harshwardhan, and great grandson, Aradhya Harshwardhan, are involved in various social welfare programs in their ancestral village, Sursand, to take the legacy of the family forward.