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Saturday, 24 February 2018

PNB FRAUD

Raj Kumar Talwar (1912–2002) was chairman of State Bank of India who was sacked by the Indira Gandhi government in the emergency in 1976 for refusing to grant loans to certain people favoured by the government. As 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.[1]

Source : Wikipedia