Categories: Appointments

Rajkiran Rai becomes new chairman of IBA

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

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.