Shri. P.R.Palekar passed away in Mumbai on August 14, 2014. He was 86 years old. He joined RBI in 1951 and retired in 1988, thus serving in the Bank for 37 years. For long years he worked in ACD, Garment House and retired from Urban Banks Departnebt. A simple Gandhian, he was always Khadi clad and decided not to get married and also not to opt for promotion. He retired as a Research Assistant. A very popular person he had a wide circle of friends. We pray that his soul rests in peace.
- P.P.Ramachandran
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