BANKING AFFAIRS

Detailed explanation-1: -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.

Detailed explanation-2: -Indian Banks’ Association reelected A K Goel, managing director and CEO of Punjab National Bank as its new chairman, who will serve the industry body for the financial year 2022-23. The reelection was one of the rare occasions in history when an incumbent IBA chairman obtained a second consecutive term.

Detailed explanation-3: -Indian Banks’ Association Manager Salary FAQs Average Indian Banks’ Association Manager salary in India is ₹ 8.5 Lakhs for experience between 7 years to 14 years. Manager salary at Indian Banks’ Association India ranges between ₹ 7.4 Lakhs to ₹ 9.4 Lakhs.

Detailed explanation-4: -IBA Departments. 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.