Mrs. Rajni Bector, Punjab's first woman to get Padma Shri and founder of Mrs Bector’s Food Specialities, in episode 2 of ScoopOut with Khyati, narrated an untold chapter of Indian banking history. Mrs Bector, who is the brain behind Cremica, revealed an untold story about her brother R.K. Talwar, former Chairman of the State Bank of India. Mrs. Bector detailed how his brother R.K. Talwar chose to resign rather than bend to the political will of then Prime Minister Indira Gandhi. Below is what Mrs Bector revealed-
Emphasizing the ingrained honesty within her family in the podcast, Mrs. Bector detailed how he chose to resign rather than bend to the political will of then Prime Minister Indira Gandhi.
"My father was a riser because of his honesty. Then my brother was the chairman of the State Bank of India. He left his job when 8 years were still remaining. He left his job because Indira Gandhi wanted undue things to be done that he refused to do. He said Give it in writing, then I will do it; otherwise, I will not do it. After 2 days, he was going to become the Governor of the Reserve Bank of India. Then Morarji Desai came and he brought him back, saying I will not do such things. You come back."
"He became the IDBI Chairman, and he was declared the best banker in the world. When Morarji Desai died, Indira Gandhi came back to power. He handed his resignation over to her. I was awarded State Bank of India a few years back in Mumbai. Nobody knew about my ancestors. When I was giving my speech, I said I am the sister of Mr RK Talwar. I got a standing ovation from thousands of people. The Chairman and everyone told me how you never told us. We were not aware that you were his sister. Even last year, Nirmala Sitharaman talked about him in the Parliament. Because honesty is really in our blood, even in my children."
For the unversed, RK Talwar was the chairman of the State Bank of India, and he stepped down from his post during the Indira Gandhi government's rule. It happened in the emergency in 1976, when he refused to grant loans to people favoured by the government.