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IBA >> Objective |
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Objective |
- 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.
- To develop and
implement new ideas and innovations in banking services,
operations and procedures.
- To organize co-ordination
and co-operation on procedural, legal, technical, administrative
or professional problems and practices of banks and
the banking industry.
- To initiate
advance planning for introduction of new systems or
services in the banking industry.
- To collect, classify
and circulate statistical and other information on the
structure and working of the banking system.
- To act as a clearing
house for dissemination and exchange of statistical
data, information, views and opinions on the systems,
procedures and practices, and organization and methods
of banks and on the structure, working and operations
of the banking system.
- To explore, plan,
co-ordinate and organize detailed surveys on banking,
business, resources, personnel and management development
programmes of banks and the banking industry.
- To pool together
talents and resources available with members and to
organize exchange of expertise and experiences of members
for simplifying forms and procedures, for reducing cost
of operations, for increasing efficiency and productivity
and for such other common purposes as may be necessary
or relevant to banks and the banking industry.
- To organize exchange
of credit information and opinions, export information
or information and views on any other aspects of interest
to banks or the banking industry.
- To promote education
and knowledge of the law and practice of banking.
- To issue periodical
newsletters, bulletins or magazines and publish books,
pamphlets or other literature on matters of interest
to members and to the banking industry.
- To project a
good public image of banking as a service industry and
develop good public relations.
- To promote harmonious
personnel relations in banking industry and to devise
ways and means for involving banking personnel in the
endeavours of banks for growth and development of banking
and the economy of the country.
- To organize, promote
and afford facilities for indoor and outdoor games,
any form of sports, recreation, sports competitions,
events, cultural activities, social activities, fine
arts, social meetings, entertainments and to organize
meetings for the above purposes and to provide for purposes
by purchasing, acquiring, taking on lease, own, hire
or otherwise playing fields, grounds, buildings, pavilions
and other facilities.
- To give financial
assistance to individuals or bodies, from out of its
own funds, or by collection from its members, or from
any other source, and for the purpose of such collection,
to accept grants, donations, etc. in cash or kind from
Government, its members, other organizations, members
of the public, etc. and to collect subscriptions, membership
and other fees and to levy fees or charges for the use
of the facilities and to raise funds in any manner to
strengthen the financial position of the Association,
from time to time, for the purpose of providing education,
training and facilities for imparting basic, advance
knowledge and techniques in games, sports, cultural
activities, social activities, fine arts, etc. and to
give donations, technical and other assistance, sports
equipments, sports facilities and expert guidance to
organizers for this purpose whether its members or not
and to conduct, organize, participate or to associate
itself in State-Level, Nation, International Tournaments
and competitions pertaining to sports, cultural activities,
social activities, fine arts, etc., held in or outside
India.
- To found, establish,
develop and finance a separate body for the promotion
of objects contained in Clauses n, nn, nnn, and generally,
and to register it as a Society and/or Public Trust,
or a Company under the provisions or relevant Acts,
as the case may be.
- To maintain continuous
communications with the representatives of bank employees,
to conduct talks, discussions, and negotiations with
them and to arrive at Settlements.
- To provide assistance
and guidance to members in interpretation and implementation
of Awards, Settlements, etc.
- To assist, advise
and guide all members and the smaller members in particular
on all their needs, difficulties and problems of growth,
development and working.
- To act as an
agent or a representative of a member or members in
respect of matters connected with any of their operations
working or administration.
- To maintain close
co-ordination and liaison with Reserve Bank of India,
All Financial Institutions, Chambers of Commerce, Organisations
of Banking Industry, Management or Educational Institutes,
Universities and such other Organisations for realizing
the subject and purposes of the Association.
- Generally to
do all and any other thing that may be necessary or
relevant for the realization of the objects and purposes
of the Association directly or indirectly.
- To carry on publicity
for the purpose of educating public opinion with regard
to the scope, importance and activities of the banking
industry, for creative growth and development.
- To do all and
such other things as are incidental or conductive to
the attainment of any or all of the above objects.
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