Yes, ICICI bank is part of IBA. 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). Currently 247 banking companies are members of IBA. Initially IBA had 22 banks as its members.You can read about the RBI – Know More About Reserve Bank of India in the given link.
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- Indian Economy Notes For UPSC