Banking Materials : Banking Abbreviations

Banking Abbreviations 

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
1. PIN - Personal Identification Number
2. CCEA - Cabinet Committee on Economic Affairs
3. GIRO - Government Internal Revenue Order
4. PPP - Public Private Partnership & Purchasing Power parity
5. HDFC - Housing Development Finance Corporation
6. SWOT - Strength, Weeknesses, Opportunities And Threats
7. SWIFT - Society for Worldwide Financial Telecommunications,
8. FERA - Foreign Exchange Regulations Act
9. FEMA - Foreign Exchange Management Act
10. CRISIL - Credit Rating Information Services of India Limited
11. CIBIL: Credit Information Bureau (India) Ltd
12. KYC: Know Your Customer
13. RTGS: Real Time gross settlement
14. NEFT: National electronic Money Transfer
15. EFT: Electronic fund transfer
16. CBS: Core banking Solutions
17. PSBs: Public Sector banks
18. FIIs: Foreign Institutional investments
19. FDI: Foreign Direct Investment
20. IPO: Initial Public Offering
21. IBA: Indian bank Association
22. BPLR: Benchmark prime Lending rate
23. ICICI: Industrial Credit and Investment Corporation of India
24. MICR: Magnetic Ink Character reader
25. BIRD: Bankers Institute of Rural development
26. ICRA: Indian Credit rating Agency
27. CARE: Credit Analysis & Research Ltd
28. WMAs: Ways and means Advances
29. ALM: Asset Liability management
30. CASA: Current and saving account
31. NDTL: Net Demand and Time Liabilities
32. ALM- Asset Liability Management
33. ASBA: Application Supported by Blocked Amount
34. CBS: Core Banking Solution
35. FSLRC – Financial Sector Legislative Reforms Commission
36. CRAR: Capital to Risk-weighted Assets Ratio
37. LCR: Liquidity Coverage Ratio
38. TARC - Tax Administration Reform Commission
39. TIEA – Tax Information exchange Agreement
40. . GAAR - General anti avoidance rule
41. LIBOR: London Interbank Offered rate
42. MIBOR: Mumbai Interbank Offered rate
43. MIBID: Mumbai Interbank Bid rate
44. SARFAESI: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
45. CAMELS: (C)apital adequacy
(A)ssets
(M)anagement Capability
(E)arnings
(L)iquidity (also called asset liability management)
(S)ensitivity
46. CAR: Capital Adequecy Ratio
TIN - Tax Information Network (TIN)
47. IMPS - Interbank Mobile Payment Service (IMPS).
48. CDR- Corporate Debt Restructuring
49. CAD- Capital Account Deficit
50. REITs: Real Estate Investment Trusts
51. InvITs: Infrastructure Investment Trusts
52. DTAA – Double Taxation Avoidance Agreement
53. ECBs - External Commercial Borrowings
54. EFSF – European Financial Stability Facility
55. FINO- Financial Inclusion Network Operation
56. FIPB – Foreign Investment Promotion board
57. SENSEX: Sensitive index of Stock Exchange
58. GNP: Gross national Product
59. NASDAQ: National Association of Securities Dealers Automated Quotations
60. NAV: Net Asset value
61. ATM Full Form - Asynchronous Transfer Mode
62. ATM Full Form - Automated teller machine
63. BCBS Full Form - Basel committee for Banking Supervision
64. GST - Goods and Service Tax

Suggestions Here :

E-mail - snazzy.meenakshi@gmail.com
http://studywithmeenakshi.blogspot.in