Investment
in India - Banking System

Indian
Banks Association
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
World Trade Centre Complex,
Centre I, Units 1,2 & 4,
6th Floor, Cuffe Parade,
Mumbai-400 005.
Tel.:91-22- 22174040, Telex: 011 85146, Fax:91-22-22184222.
Email: ibalink@bom3.vsnl.net.in
The Organisational Structure of IBA
The Managing Committee manages the affairs, business and funds of IBA.
The managing Committee is elected by the Ordinary members of the
Association, and is the highest management and policy making body of the
Association.
The Chairman of the Association heads upon the working of the
Association. He provides guidelines to the Association. The
administrative head of IBA is the Chief Executive of IBA. He is also the
Secretary to the Managing Committee. He leads a team of executives,
officers and other staff members.
The contact details of IBA
| At
World Trade Centre Complex |
Direct
Nos. |
| Legal |
91-22-22187946
91-22-22174006 |
| Banking
Policy |
91-22-22182217
91-22-22174014 |
| Payment
Systems |
91-22-22182196
91-22-22174013 |
| Banking
Operations |
91-22-22182247
91-22-22174015 |
| Publicity |
91-22-22180821
91-22-22174012 |
| Technology
|
91-22-22182196
91-22-22174011 |
| Library |
91-22-22182288
91-22-22174009 |
| At
Stadium House : |
| Personnel
(HR & IR) |
91-22-22028525
91-22-22894502
91-22-22831636
91-22-22894501 |
| Administration
& Accounts : |
91-22-22824846
91-22-22894518 |
IBA constitutes standing committees/task
forces/ small groups/ committees of experts from member banks for the
examining of various aspects relating to industry level issues to get
solutions.
Recommendations of these groups/committees, are communicated to members
with the approval of the managing committee or taken up with the
concerned authorities for action. |