Is HDFC a member of IBA?

Yes, HDFC bank is a member of IBA. Initially IBA had 22 banks as its members. IBA is an association of Indian banks and financial institutions. Many of the foreign banks operating in India, private sector banks, public sector banks are part of Indian Banks’ Association (IBA). You can read about the RBI – Know More About Reserve Bank of India in the given link.

Further readings:

  1. Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19
  2. Indian Economy Notes For UPSC

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