Sunday, March 04, 2007

R. K. Talwar retired with his wife to Sri Aurobindo Ashram

R. K. Talwar: A banker ahead of his times S. Parthasarathy Business LineTuesday, May 07, 2002
Talwar's tenure as SBI Chairman was also coincidentally a period when the trade union movement was getting to be aggressive and confrontational. This was particularly true of the unions in the banking system. The bank saw quite a few confrontations, strikes and agitations, as a consequence.
Talwar's equations with the RBI were always excellent. Because of his strikingly original and thought-provoking policy insights, he was always consulted by the RBI's top brass when it formulated important banking policy. Talwar was the SBI's first technocrat Chairman. Prior to him, SBI/IBI Chairmen were invariably appointed either from the ICS/IAS cadre or from the top management of the RBI. He, therefore, had to prove himself and demonstrate the stuff of which bank managers were made of.
He retired with his wife to Sri Aurobindo Ashram to lead a simple and quiet life. When the Ashram was getting to be a bit uncomfortable with internal squabbles, he moved out to a small sparse portion in a street house in Pondicherry.

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