https://indianpedia.org/api.php?action=feedcontributions&feedformat=atom&user=27.63.24.34IndianPedia - User contributions [en]2026-07-30T14:07:03ZUser contributionsMediaWiki 1.45.4https://indianpedia.org/index.php?title=Indian_Banks%27_Association&diff=327673Indian Banks' Association2022-02-03T18:02:19Z<p>27.63.24.34: </p>
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'''Indian Banks' Association''' (IBA), formed on (26 September 1946) as a representative body of management of banking in India operating in India - an association of Indian banks and financial institutions based in [[Mumbai]].<ref>{{cite web|url=http://www.iba.org.in/contact.asp |title=Indian Banks' Association |publisher=Iba.org.in |date=2005-04-23 |access-date=2011-11-04}}</ref> With an initial membership representing 22 banks in India in 1946, IBA currently represents 247 banking companies operating in India. IBA was formed for development, coordination and strengthening of [[Indian banking]], and assist the member banks in various ways including implementation of new systems and adoption of standards among the members.<ref>{{Cite book|title = Making the Decade’s Promise Come True|last = Indian Banking 2020|url = http://www.iba.org.in/events/FICCI-Sep10.pdf|access-date = August 1, 2015}}</ref><ref>{{Cite book|title = Fair Practice Code|last = Fair practice Standards|url = http://www.kotak.com/bank/common/pdf/fairpracticecode.pdf|access-date = August 1, 2015}}</ref><br />
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Indian Banks' Association is managed by a managing committee, and the current managing committee consists of one chairman, 3 deputy chairmen, 1 honorary secretary and 26 members.<br />
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On 20 November 2020, [[Union Bank of India]]'s MD & CEO [[Mr.RajKiran Rai (banker)|Rajkiran Rai]] was elected as the new Chairman of IBA. Mr.Dinesh Khara, Chairman of [[State Bank of India]], Mr.Madhav Nair, Country Head & CEO of [[Mashreq Bank]] and Mr.S. S. Mallikarjuna Rao MD & CEO of [[Punjab National Bank]] were elected as Deputy Chairmen. Mr.Rakesh Sharma MD & CEO of [[IDBI Bank]] was elected as the Honorary Secretary for 2020-21. The Chief Executive of IBA is Mr.Sunil Mehta and Dy Chief Executive Mr.Gopal Bhagat.<br />
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==Managing committee==<br />
The banks which are members of the managing committee of the IBA include:<ref>{{cite web |title=Managing Committee |url=https://www.iba.org.in/managing-committee.html}}</ref><ref>{{Cite news|url = http://timesofindia.indiatimes.com/business/india-business/IBA-to-sign-wage-revision-pact-with-banks-unions-on-Monday/articleshow/47387402.cms|title = IBA to sign wage revision pact with banks unions|last = Times of India|access-date = August 1, 2015}}</ref><ref>{{Cite news|url = http://www.firstpost.com/business/iba-signs-pact-with-unions-banks-see-rs-4725-cr-outgo-as-staff-get-15-wage-hike-2262692.html|title = Banks see Rs 4,725 cr outgo as staff get 15% wage hike|last = India Today|access-date = August 1, 2015}}</ref><br />
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*[[Citibank]]<br />
*[[Indian Bank]]<br />
*[[Indian Overseas Bank]]<br />
*[[Punjab National Bank]]<br />
*[[Union Bank of India]]<br />
*[[Central Bank of India]]<br />
*[[State Bank of India]]<br />
*[[Bank of Baroda]]<br />
*[[Mashreq Bank]]<br />
*[[Bank of America]]<br />
*[[Standard Chartered Bank]]<br />
*[[UCO Bank]]<br />
*[[IDBI Bank]]<br />
*[[Qatar National Bank]]<br />
*[[JPMorgan Chase Bank]]<br />
*[[Punjab & Sind Bank]]<br />
*[[Bank of Maharashtra]]<br />
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===Private Sector Banks===<br />
*[[ICICI Bank]]<br />
*[[South Indian Bank]]<br />
*[[Karnataka Bank]]<br />
*[[City Union Bank]]<br />
*[[Federal Bank]]<br />
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===Co-operative Sector Banks===<br />
*[[Saraswat Co-operative Bank Ltd]]<br />
*[https://www.nnsbank.co.in/ Nagpur Nagarik Sahakari Bank Ltd.]<br />
*[https://www.apmaheshbank.com/ A. P. Mahesh Co-operative Urban Bank Ltd.]<br />
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===Payments Banks and Small Finance Banks===<br />
*[[Equitas Small Finance Bank]]<br />
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==References==<br />
{{reflist}}<br />
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== External links ==<br />
*[http://www.iba.org.in/ Official site]<br />
*https://www.business-standard.com/article/pti-stories/iba-elects-pnb-s-sunil-mehta-as-chairman-118083100771_1.html<br />
*http://www.thehindu.com/business/Industry/sbi-five-associate-banks-bmb-merge-with-sbi/article17757316.ece<br />
*https://www.thehindu.com/business/rajnish-kumar-is-new-iba-chairman/article29738120.ece<br />
[[Help:categories|categories:]] [[:category:Banking in India|Banking in India]] | [[:category:Consumer protection in India|Consumer protection in India]]<br />
*[https://www.iba.org.in/managing-committee.html]<br />
[[Category:Trade associations based in India]]<br />
[[Category:Banking in India]]<br />
[[Category:Bankers associations]]<br />
[[Category:1946 establishments in India]]<br />
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{{Banking in India}}{{Financial services in India}}{{India-econ-stub}}</div>27.63.24.34