Indian Bank Association(IBA)

Indian Banks Association (IBA)

The Indian Banks Association (IBA) was formed on the 26th September, 1946 with 22 members. Today IBA has more than 156 members comprising of Public Sector banks, Private Sector banks, Foreign banks having offices in India, Urban Co-operative banks, Developmental financial institutions, Federations, merchant banks, mutual funds, housing finance corporations, etc.

The functioning of IBA

• To promote sound and progressive banking principles and practices.
• To render assistance and to provide common services to members.
• To organise co-ordination and co-operation on procedural, legal, technical, administrative and professional matters.
• To collect, classify and circulate statistical and other information.
• To pool together expertise towards common purposes such as reduction in costs, increase in efficiency, productivity and improve systems, procedures and banking practices.
• To project good public image of banking through publicity and public relations.
• To encourage sports and cultural activities among bank employees.

The Offices of IBA

Stadium House,
Block II & III, 6th Floor,
Veer Nariman Road, Mumbai 400 020.
Tel.:91-22- 22894500, Fax:91-22-22835638