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Rajkiran Rai becomes new chairman of IBA

Sumit Arora Published On October 19th, 2020 Leave a comment

The Managing Director and CEO of Union Bank of India, Rajkiran Rai G has been elected as the Chairman of Indian Banks’ Association (IBA) for the term 2020-21. He succeeds Rajnish Kumar as the IBA Chairman after Kumar recently retired as SBI Chief.

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Apart from this, Dinesh Kumar Khara, the Chairman of State Bank of India has been elected as the deputy chairman of the association. IBA is an association of banks and other entities in the banking ecosystem in India catering to its members

Important takeaways for all competitive exams:

IBA Headquarters location: Mumbai, Maharashtra.
IBA Founded: 26 September 1946.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.