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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.[1] With an initial membership representing 22 banks in India in 1946,
IBA currently represents 201 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.
Current chief executive is V G Kannan. He succeeds M V Tanksale who demitted office as Chief
Executive on August 9, 2016, after being at the helm for three years. Previous notable chairman
include K R Kamnath, chairman and managing director of Punjab National Bank, M. D. Mallya
of Bank of Baroda, V. P. Shetty, M. V. Nair, Rashid Jilani and O P Bhatt.

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

Federal Bank

South Indian Bank

United Bank of India

Punjab National Bank

Allahabad Bank

Andhra Bank

Union Bank of India

Central Bank of India

State Bank of India

Bank of Baroda

Vijaya Bank

Corporation Bank

Nainital Bank

Indian Overseas Bank

Oriental Bank of Commerce


State Bank of Bikaner & Jaipur

Citibank N.A.

ABN Amro Bank N.V.

BNP Paribas

Bhartiya Mahila Bank

Standard Chartered Bank

Bank of America

The Federal Bank Ltd.

Janakalyan Sahakari Bank Limited

Nagpur Nagarik Sahakari Bank Limited

CITIZENCREDIT Co-operative Bank Ltd.

Karnataka Bank Ltd.

Sairam banking Association.

Canara bank

Uco Bank

Lakshmi Vilas Bank

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