Obituary : Raj Kumar Talwar

The story of R K Talwar's sacking from the State Bank of India is very well known - at least to a different generation. It was during the emergency. Talwar had refused to oblige the powers that were by granting loans to their cronies. There was then no provision in the SBI Act to terminate the services of the chairman. The Act had to be - and was - amended to sack him.