Important Banking Abbreviations
Hello Friends, Today We Discuss about Important Banking Abbreviations, these Abbreviations are very useful in our daily routine life. hope you like it.
- NEFT- National Electronic Fund Transfer
- RTGS- Real Time Gross Settlement
- NPA- Non Performing Assets
- QIB- Qualified Institutional Buyers
- SLR- Statutory Reserve Ratio
- CAR- Capital Adequacy Ratio
- SEBI- Securities and Exchange Board of India
- MICR- Magnetic Ink Character Recognition
- NSE- National Stock Exchange
- FCNR- Foreign Currency Non Resident Deposit Accounts
- CDRS- Corporate Debt Restructuring
- IDRBT- Institute for Development and Research Of Banking Technology
- YTM- Yield To Maturity
- MCA- Ministry Of Company Affairs
- MIS- Management Information System
- CRISIL- Credit Rating Information Services Of India
- ICRA- Investment Information and Credit Rating Agency of India Limited
- CARE- Credit Analysis and Research Limited
- IRDA- Insurance Regulatory and Development Authority of India
- LIC- Life Insurance Corporation of India
- IEPF- Investors Education and Protection Fund
- IRDA- Insurance Regulatory and Development Authority
- CCIL- Clearing Corporation of India Limited
- OTCEI- Over the Counter Exchange Of India
- ISCI- International Standard Industrial Classification
- KCC- Kisan Credit Card
- BCSBI- Banking Codes and Standards Board of India
- SEBI- Securities and Exchange Board of India
- SFMS- Structured Financial Messaging Services
- SHG- Self Help Group
- BOE- Bill of Exchange
- CASA- Current and Savings Accounts
- CBLO- Collateralized Bank Lending Obligations
- CIBIL- Credit Information Bureau of India Limited
- CRR- Cash Reserve Ratio
- KYC- Know Your Customer Guidelines
- IPO- Initial Public Offer
- SMERA- SME Rating Agency of India Limited
- NBFC- Non Banking Finance Companies
- FEDAI- Foreign Exchange Dealers Association of India
- ALCO- Asset Liability Committee
- ALM- Asset Liability Management
- KVIC- Khadi and Village Industries Corporation
- KYC- Know Your Customer
- EXIM bank- Export and Import Bank of India
- UTI- Unit Trust of India
- WPI- Wholesale Price Index
- EDI- Electronic Data Interchange
- SLR- Statutory Liquidity Ratio
- SLRS- Scheme for Liberation and Rehabilitation of Scavengers
- EMI- Equated Monthly Instalments
- EPS- Earning per Share
- ESOP- Employee Stock Options
- YTM-Yield to Maturity
- LAB- Local Area Banks
- ALM- Asset Liability Management
- ANBC- Adjusted Net Bank Credit
- ASBA- Applications Supported Bank Accounts
- DPG- Deferred Payment Guarantee
- DRI- Differential Rate Of Interest
- DSCR- Debt Service Coverage Ratio
- FEDAI- Foreign Exchange Dealers Association Of India
- FOB- Free On Board
- NPV- Net Present Value
- DPN- Demand Promissory Note
- DRAT- Debt Recovery Appellate Tribunal
- OCB- Overseas Corporate Bodies
- POA- Power of Attorney
- OLTAS- Online Tax Accounting System
- OMO- Open Market Operations
- PACS- Primary Agricultural Credit Societies
- PDO- Public Debt Office
- PIN- Personal Identification Number
- NABARD- National Bank for Agriculture and Rural Development
- SIDBI- Small Industries Development Bank of India
- EDP- Entrepreneurship Development Programme
- LAMPS- Large Sized Adivasi Multipurpose Societies
- LERMS- Liberalized Exchange Rate Management System
- NABARD- National Bank for Agriculture and Rural Development
- NBFC- Non Banking Finance Companies
- QIB- Qualified Institutional Bankers
- RBI- Reserve Bank of India
- RDBMS- Relational Database Management System
- REC- Rural Electrification Corporation
- RFC- Resident Foreign Currency
- RIDF- Rural Infrastructure Development Fund
- RRB- Regional Rural Bank
- RTGS- Real Time Gross Settlement
- RWA- Risk Weighted Assets
- SBI- State Bank of India
- SCB- Scheduled Commercial Bank
- NRE- Non Resident External Account
- NRI- Non Resident Indian
- SDR- Special Drawing Rights
- SIDBI- Small Industries Development Bank of India
- SIDC- State Industrial Development Corporation
- SJSRY- Swarna Jayanthi Shahari Rozgar Yojana
- SSI- Small Scale Industries
- SME- Small and Medium Industries
- SSSBE- Small Scale Service and Business Enterprises