BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indian Banks’ Allocation
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Indian Banks’ Association
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Institute Banks’ Association
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Indian Banks’ Assembly
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Detailed explanation-1: -Indian Banks’ Association – IBA Overview. IBA is an association of Indian banks and financial institutions. It is the representative body of management of banking in India that is operating in India. Indian Bank Association was formed on September 26 1946, in Mumbai.
Detailed explanation-2: -IBA.-Indian Banks’ Association.
Detailed explanation-3: -To promote and develop in India sound and progressive banking principles, practices and conventions and to contribute to the developments of creative banking. To render assistance and to provide various common services to Members and to the banking industry.
Detailed explanation-4: -The banks which are members of the managing committee of the IBA include: Citibank. Indian Bank. Indian Overseas Bank.
Detailed explanation-5: -Currently 247 banking companies are under Indian Banks’ Association (IBA). IBA was established in 1946. Initially IBA had 22 banks as its members. IBA is based out of Mumbai, it is an association of Indian banks and financial institutions.