Published on Apr 2, 2018
BANKING ABBREVIATIONS

1.   PSBs: PUBLIC SECTOR BANKS

2.   SNBCs: SCHEDULE NON COMMERCIAL BANKS

3.   SENSEX: SENSITIVE INDEX OF STOCK EXCHANGE

4.   GNP: GROSS NATIONAL PRODUCT

5.   KYC: KNOW YOUR CUSTOMER

6.   RTGS: REAL TIME GROSS SETTLEMENT

7.   NEFT: NATIONAL ELECTRONIC MONEY TRANSFER

8.   EFT: ELECTRONIC FUND TRANSFER

9.   CBS: CORE BANKING SOLUTIONS

10.LIBOR: LONDON INTERBANK OFFERED RATE

11.MIBOR: MUMBAI INTERBANK OFFERED RATE

12.MIBID: MUMBAI INTERBANK BID RATE

13.SARFAESI: SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST

14.CAMELS: 

  1. CAPITAL ADEQUECY RATIO, 
  2. ASSET QUALITY, 
  3. MANAGEMENT OF EFFECTIVENESS, 
  4. EARNING OF PROFITABILITY, 
  5. LIQUIDITY, 
  6. SYSTEM AND CONTROLS

15.CAR: CAPITAL ADEQUECY RATIO

16.FIIs: FOREIGN INSTITUTIONAL INVESTMENTS

17.FDI: FOREIGN DIRECT INVESTMENT

18.IPO: INITIAL PUBLIC OFFERING

19.MICR: MAGNETIC INK CHARACTER READER

20.BIRD: BANKERS INSTITUTE OF RURAL DEVELOPMENT

21.IBA: INDIAN BANK ASSOCIATION

22.BPLR: BENCHMARK PRIME LENDING RATE

23.ICICI: INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA

24.HDFC: HOUSING DEVELOPMENT FINANCE CORPORATION

25.SWOT: STRENGETH, WEEKNESSES, OPPORTUNITIES AND THREATS

26.SWIFT: SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION

27.FERA: FOREIGN EXCHANGE REGULATORY ACT

28.FEMA: FOREIGN EXCHANGE MANAGEMENT ACT

29.CASA: CURRENT AND SAVING ACCOUNT

30.NDTL: NET DEMAND AND TIME LIABILITIES

31.NASDAQ: NATIONAL ASSOCIATION FOR SECURITIES DEALERS AUTOMATED QUOTATIONS

32.CRISIL: CREDIT RATING AND INVESTMENT SERVICES INDIA LIMITED

33.CIBIL: CREDIT INFORMATION BUREAU OF INDIA LIMITED

34.NAV: NET ASSET VALUE

35.ICRA: INDIAN CREDIT RATING AGENCY

36.CARE: CREDIT ANALYSIS AND RESEARCH LIMITED

37.WMAs: WAYS AND MEANS ADVANCES

38.ALM: ASSET LIABILITY MANAGEMENT

39.INFINET: INDIAN FINANCIAL NETWORK

40.OLTAS - On-line Tax Accounting System (OLTAS) for Direct Taxes

41.TIN - Tax Information Network (TIN)

42.IMPS - Interbank Mobile Payment Service (IMPS) or Immediate Payment Service

43.CDR- Corporate Debt Restructuring

44.CAD- Capital Account Deficit

45.REITs: Real Estate Investment Trusts

46.InvITs: Infrastructure Investment Trusts

47.ALM- Asset Liability Management

48.ASBA: Application Supported by Blocked Amount

49.CBS: Core Banking Solution

50.PIN: Personal Identification Number

51.CCEA – Cabinet Committee on Economic Affairs

52.CECA - Comprehensive Economic Cooperation Agreement

53.CEPA – Comprehensive Economic Partnership Agreemeny

54.DTAA – Double Taxation Avoidance Agreement

55.ECBs - External Commercial Borrowings

56.EFSF – European Financial Stability Facility

57.FINO- Financial Inclusion Network Operation

58.FIPB – Foreign Investment Promotion board

59.FSLRC – Financial Sector Legislative Reforms Commission

60.CRAR: Capital to Risk-weighted Assets Ratio

61.LCR: Liquidity Coverage Ratio

62.TARC - Tax Administration Reform Commission

63.GIRO - Government Internal Revenue Order

64.FRBMA: Fiscal Responsibility and Budget Management Act

65.AMFI- Association of Mutual Fund in India.

66.TIEA – Tax Information exchange Agreement

67.GAAR - General anti avoidance rule

68.GSLV - Geo-Synchronous Launch Vehicle

69.PPP – Public Private Partnership & Purchasing Power parity

70.PSLV – Polar Satellite Launch vehicle

71.TAPI - Turkmenistan-Afghanistan-Pakistan-India.

72.QFI -Qualified Foreign Investors

73.AD-Authorized Dealer.

74.ASSOCHAM-Associated Chambers of Commerce and Industry of India.

75.BCSBI-Banking Codes and Standards Board of India.

76.BIS-Bank for International Settlements.

77.CDS-Credit Default Swap.

78.CEPA-Comprehensive Economic Partnership Management.

79.FIMMDA-Fixed Income Money MARKETS and Derivatives Association.

80.FPI-Foreign Portfolio Investment.

81.IBRD-International Bank For Reconstruction And Development.

82.UIDAI-Unique Identification Authority of India.

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