India Hub/IBA/Applicability Matrix — by bank type
Layer 2 · GRC Consultants · Compliance Officers — scoping

IBA Applicability Matrix — by bank type

Which IBA guidance documents each bank type typically adopts in full vs. partially.

Last verified: June 2026
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IBA GuidancePublic Sector BanksPrivate BanksForeign BanksSmall Finance BanksNotes
IBA Model Cyber PolicyAdopted in fullAdopted as baselineSelective — local rules firstAdopted in fullPublic-sector banks treat IBA model as default
IBA KYC/AML Master CircularAdopted in fullAdopted in fullAdopted (alongside head-office policies)Adopted in fullUniversal adoption in the sector
IBA Board Governance NormsAdopted in fullAdopted as baseline; often exceededSelective — local governance rules applyAdopted in fullPrivate banks frequently exceed IBA minimums
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