The MC Secretariat functions under the supervision of the Chief Executive and Dy. Chief Executive.  The main objective of the department is to arrange Managing Committee meetings of the Association which includes conducting meetings preparing minutes, updating constitution of MC Members and compilation of report on Action taken of various departments  & placing it  before the Committee.

Apart from assisting the Managing Committee, the department also handle the following operational activities: viz. Fraud related issues (maintaining Caution List - Database of Third Party Entities involved in Frauds) & circulation of Modus Operandi of Fraud reported by Member Banks.  

 Managing Committee

v  Constitution of Managing Committee members

v  Preparing Managing Committee minutes

v  Compilation of report on Action Taken of various departments and placing the report before the Committee.  

Details of Banking Operations

v  Fraud related issues -  Maintaining Database of Third Party Entities (TPEs) involved in frauds on the IBA Website

v  Sharing of Information on Third Party Entities involved in frauds as reported to IBA by member banks,  Modus Operandi, Loss of Letter of Credit, Outsourcing of Agencies services terminated by Bank

v  Guidelines on Standardising  the Procedures for Empanelment of  Valuers   by Banks