New Chairman of Indian Bank’s Association

New Chairman of Indian Bank’s Association

Question- Who has been appointed as a new Chairman of Indian Banks Association?
(a)Sunil Mehta.
(b)Madhav Nair.
(c)Rajnish kumar.
(d)Deepak mishra.
Answer- (a)
Related facts-

  • Indian Banks Association (IBA) has elected Managing Director and Chief Executive of Punjab National Bank, Sunil Mehta, as the new chairman of India Bank’s Association for the year 2018-19.
  • It has also elected Bank of India’s Managing Director and Chief Executive, Dina Bandhu Mohapatra, as the deputy chairman.

About India bank’s Association-

  • It was established on 26 September 1946 as a representative body of management of banking in India operating in India is based in Mumbai with an initial membership of 22 Banks. Currently IBA is represented by 237 Banks.
  • It is managed by a Managing Committee, and the current Managing committee consists of 1Chairman, 3 Deputy Chairmen, 1 Honorary Secretary and 26 Members.

Rreferences-

https://www.deccanchronicle.com/business/economy/310818/indian-banks-association-elects-pnbs-sunil-mehta-as-chairman.html

https://en.wikipedia.org/wiki/Indian_Banks%27_Association