State Bank of India Chairman, Mr O. P. Bhatt, has been appointed as the Chairman of Indian Banks' Association. Mr Bhatt, who was elected in the managing committee meeting, takes over from Mr M.V. Nair, Chairman and Managing Director of Union Bank.
The Committee also elected Mr Aditya Puri, Managing Director, HDFC Bank; Mr M. D. Mallya, Chairman and Managing Director, Bank of Baroda; and Mr A.C. Mahajan, Chairman and Managing Director, Canara Bank as Deputy Chairmen. Mr Rana Kapoor, Managing Director and Chief Executive Officer, YES Bank was elected as Honorary Secretary.
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