SBI Chief CS Setty Appointed as Chairman of Indian Banks Association (IBA)
The Indian Banks Association (IBA), the apex body representing the banking sector in India, has elected Challa Sreenivasalu Setty, the Chairman of State Bank of India (SBI), as its new chairman for the upcoming fiscal year. Setty will lead the association until the next Annual General Meeting (AGM). The appointment was announced after the IBA managing committee meeting held on March 28, 2025.
| Summary/Static | Details |
| Why in the news? | SBI Chief CS Setty Appointed as Chairman of Indian Banks Association (IBA) |
| IBA Chairman | Challa Sreenivasalu Setty (SBI Chairman) |
| Outgoing Chairman | MV Rao (Central Bank of India CEO) |
| Deputy Chairmen | 1. A Manimekhalai (Union Bank of India CEO) |
| 2. Swarup Kumar Saha (Punjab & Sind Bank CEO) | |
| 3. Madhav Nair (Bank of Bahrain & Kuwait India CEO) | |
| Honorary Secretary | B Ramesh Babu (Karur Vysya Bank CEO) |
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