Raj Kumar Talwar
Chairman of State Bank of India
Raj Kumar Talwar | |
|---|---|
| 5th Chairman of State Bank of India | |
| Preceded by | V. T. Dehejia |
| Succeeded by | T. R. Varadachary |
| Personal details | |
| Born | 28 May 1922 |
| Nationality | Indian |
Raj Kumar Talwar (1922–2002) was an Indian business executive. He served as chairman of State Bank of India and was sacked by the Indira Gandhi government in the emergency in 1976 for refusing to grant loans to people favoured by the government. As no provision in the SBI Act allowed them to terminate the chairman, the Act was amended to sack him.[1]
Early life
He was born in 1922. He earned an M.A. degree in Mathematics from Lahore University.
Legacy
Talwar was known for his values, integrity, dynamism and professionalism. He left the Bank on 3 August 1976, at age 54.Settling in Pondicherry, he served on boards of companies and headed the Industrial Development Bank of India in the late 1970s. He lived a spartan life and traveled around Pondicherry on a bicycle. He died on 23 April 2002. [citation needed]
References
- ^ N. Sivaram and R. Viswanathan (13 May 2002). "Passing Away of a Legend". The Hindu. Archived from the original on 3 November 2020. Retrieved 3 November 2020.
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| India |
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| International |
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- SBI Payments (76%) (JV with Hitachi Payments)
- Imperial Bank of India (1921–1955)
- Bank of Calcutta (1806–1921)
- Bank of Bombay (1840–1921)
- Bank of Madras (1843–1921)
- State Bank of Bikaner & Jaipur (1963–2017)
- State Bank of Hyderabad (1941–2017)
- State Bank of Indore (1960–2010)
- State Bank of Mysore (1913–2017)
- State Bank of Patiala (1917–2017)
- State Bank of Saurashtra (1948–2008)
- State Bank of Travancore (1945–2017)
- Bharatiya Mahila Bank (2013–2017)
- Jio Payments Bank (30%)
- Yes Bank (30%)
- Andhra Pradesh Grameena Vikas Bank (35%)
- Kaveri Grameena Bank (35%)
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- SBI Foundation
- State Bank Archives and Museum
