IBA inks agreement with unions; bank staff pay to increase by 17%
The wage revision will be effective from 1.11.2022 for a period of five years.
One of the country’s top bankers and former MD and CEO of Punjab National Bank, Sunil Mehta, has taken charge as the chief executive of Indian Banks’ Association (IBA), reports stated on Monday.
Mehta is the successor of VG Kannan, who demitted office as chief executive of IBA on December 31, 2019, IBA said in a release.
Mehta recently retired as the Managing Director and CEO of Punjab National Bank.
Advertisement
(With input from agencies)
Advertisement