ExamVeda
Login
Home
Banking Abbreviations
?

What is the full form of "IBA"?

Answer & Solution
Correct Answer: Option B
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. With an initial membership representing 22 banks in India in 1946, IBA currently represents 247 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.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.