Indian Banks' Association: Difference between revisions

What links here Related changes Page information Get shortened URL
Created by BrownHairedGirl
Last edited February 3, 2022
Newer edit →
VisualWikitext
>BrownHairedGirl
 
>FrescoBot
m Bot: link syntax and minor changes
Line 1: Line 1:
{{Use dmy dates|date=July 2019}}
{{Use dmy dates|date=July 2019}}
[https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcQ5F1NQhbtx6q_dGfsnNM0U6Bg6Yf3CePR_63txkdp3gffUhJJiCw]
{{Infobox organization
|name                = Indian Banks' Association
|image              =
|size                =
|caption            =
|abbreviation        = IBA
|motto              = Creating a Wining Banking Environment in India
|formation          = 26 September 1946
|extinction          =
|status              = [[Non-profit organization|Non-profit company]]
|purpose            = Advocacy for Banks<br />Education for Bankers
|location            = [[World Trade Centre, Mumbai|World Trade Centre]], [[Cuffe Parade]], [[Mumbai]] - 400005
|region_served      = India
|membership          = 250 banks
|leader_name        = Rajkiran Rai G, ([[Union Bank of India]])
|leader_title        = Chairman
|leader_name2        = 1. Dinesh Kumar Khara ([[State Bank of India]])<br/>2. CH S S Mallikarjuna Rao ([[Punjab National Bank]])<br/>3. Madhav Nair ([[Mashreq (bank)|Mashreq]])
|leader_title2      = Deputy Chairman
|main_organ          =
|parent_organization =
|affiliations        =
|budget              =
|website            = {{url|https://www.iba.org.in/}}
|remarks            =  
}}
 
'''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>
'''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>


Line 8: Line 33:


==Managing committee==
==Managing committee==
The banks which are members of the managing committee of the IBA include:<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>
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>


*[[Federal Bank]]
*[https://www.apmaheshbank.com/    A. P. Mahesh Co-operative Urban Bank Ltd.]
*[[City Union Bank]]
*[[Citibank]]
*[[Citibank]]
*[[Indian Bank]]
*[[Indian Bank]]
Line 24: Line 46:
*[[Bank of America]]
*[[Bank of America]]
*[[Standard Chartered Bank]]
*[[Standard Chartered Bank]]
*[https://www.nnsbank.co.in/  Nagpur Nagarik Sahakari Bank Ltd.]
*[[Saraswat Bank|Saraswat Co-operative Bank Ltd.]]
*[[UCO Bank]]
*[[UCO Bank]]
*[[IDBI Bank]]
*[[IDBI Bank]]
*[[Karnataka Bank|Karnataka Bank Ltd.]]
*[[Qatar National Bank]]
*[[Qatar National Bank]]
*[[JPMorgan Chase Bank]]
*[[JPMorgan Chase Bank]]
*[[Punjab & Sind Bank]]
*[[Punjab & Sind Bank]]
*[[Bank of Maharashtra]]
*[[Bank of Maharashtra]]
===Private Sector Banks===
*[[ICICI Bank]]
*[[South Indian Bank]]
*[[Karnataka Bank]]
*[[City Union Bank]]
===Co-operative Sector Banks===
*[[Saraswat Co-operative Bank Ltd]]
*[https://www.nnsbank.co.in/  Nagpur Nagarik Sahakari Bank Ltd.]
*[https://www.apmaheshbank.com/    A. P. Mahesh Co-operative Urban Bank Ltd.]
===Payments Banks and Small Finance Banks===
*[[Equitas Small Finance Bank]]
*[[Equitas Small Finance Bank]]


Revision as of 19:28, 6 July 2021

Indian Banks' Association
AbbreviationIBA
MottoCreating a Wining Banking Environment in India
Formation26 September 1946
Legal statusNon-profit company
PurposeAdvocacy for Banks
Education for Bankers
Location
Region served
India
Membership
250 banks
Chairman
Rajkiran Rai G, (Union Bank of India)
Deputy Chairman
1. Dinesh Kumar Khara (State Bank of India)
2. CH S S Mallikarjuna Rao (Punjab National Bank)
3. Madhav Nair (Mashreq)
Websitewww.iba.org.in

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.[1] 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.[2][3]

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.

On 20 November 2020, Union Bank of India's MD & CEO 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.

Managing committee

The banks which are members of the managing committee of the IBA include:[4][5][6]

Private Sector Banks

Co-operative Sector Banks

Payments Banks and Small Finance Banks

References

  1. ↑ "Indian Banks' Association". Iba.org.in. 23 April 2005. Retrieved 4 November 2011.
  2. ↑ Indian Banking 2020. Making the Decade’s Promise Come True (PDF). Retrieved 1 August 2015.{{cite book}}: CS1 maint: numeric names: authors list (link)
  3. ↑ Fair practice Standards. Fair Practice Code (PDF). Retrieved 1 August 2015.
  4. ↑ "Managing Committee".
  5. ↑ Times of India. "IBA to sign wage revision pact with banks unions". Retrieved 1 August 2015.
  6. ↑ India Today. "Banks see Rs 4,725 cr outgo as staff get 15% wage hike". Retrieved 1 August 2015.

External links

categories: Banking in India | Consumer protection in India

This article related or pertaining to the economy of India is a stub. You can help Bharatpedia by expanding it.

Retrieved from "https://en.bharatpedia.org/w/index.php?title=Indian_Banks%27_Association&oldid=122450"
Discover more