BANKING ABBREVIATIONS

πŸ“ PSBs: Public Sector Banks

πŸ“ SNBCs: Schedule Non Commercial Banks

πŸ“ SENSEX: Sensitive Index Of Stock Exchange

πŸ“ GNP: Gross National Product

πŸ“ KYC: Know Your Customer

πŸ“ RTGS: Real Time Gross Settlement

πŸ“NEFT: National Electronic Money Transfer

πŸ“EFT: Electronic Fund Transfer

πŸ“CBS: Core Banking Solutions

πŸ“ LIBOR: London Interbank Offered Rate

πŸ“MIBOR: Mumbai Interbank Offered Rate

πŸ“ MIBID: Mumbai Interbank Bid Rate

πŸ“ SARFAESI: Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest

πŸ“CAR: Capital Adequecy Ratio

πŸ“ FIIs: Foreign Institutional Investments

πŸ“ FDI: Foreign Direct Investment

πŸ“IPO: Initial Public Offering

πŸ“ MICR: Magnetic Ink Character Recognition

πŸ“BIRD: Bankers Institute Of Rural Development

πŸ“ IBA: Indian Bank Association

πŸ“BPLR: Benchmark Prime Lending Rate

πŸ“SWOT: Strength, Weaknesses, Opportunities And Threats

πŸ“ SWIFT: Society For Worldwide Interbank Financial Telecommunication

πŸ“ FERA: Foreign Exchange Regulatory Act

πŸ“ FEMA: Foreign Exchange Management Act

πŸ“ CASA: Current And Saving Account

πŸ“ NDTL: Net Demand And Time Liabilities

πŸ“NASDAQ: National Association For Securities Dealers Automated Quotations

πŸ“ CRISIL: Credit Rating And Investment Services India Limited

πŸ“ CIBIL: Credit Information Bureau Of India Limited

πŸ“ NAV: Net Asset Value

πŸ“ICRA: Indian Credit Rating Agency

πŸ“CARE: Credit Analysis And Research Limited

πŸ“ INFINET: Indian Financial Network

πŸ“ OLTAS: On-line Tax Accounting System (OLTAS) for Direct Taxes

πŸ“ TIN: Tax Information Network (TIN)

πŸ“ IMPS: Interbank Mobile Payment Service (IMPS) or Immediate Payment Service

πŸ“ CDR: Corporate Debt Restructuring

πŸ“CAD: Capital Account Deficit

πŸ“ REITs: Real Estate Investment Trusts

πŸ“ASBA: Application Supported by Blocked Amount

πŸ“ PIN: Personal Identification Number

πŸ“ DTAA: Double Taxation Avoidance Agreement

πŸ“ ECBs: External Commercial Borrowings

πŸ“EFSF: European Financial Stability Facility

πŸ“ FINO: Financial Inclusion Network Operation

πŸ“ FIPB: Foreign Investment Promotion board

πŸ“ FSLRC: Financial Sector Legislative Reforms Commission

πŸ“CRAR: Capital to Risk-weighted Assets Ratio

πŸ“LCR: Liquidity Coverage Ratio

πŸ“ TARC: Tax Administration Reform Commission

πŸ“ FRBMA: Fiscal Responsibility and Budget Management Act

πŸ“TIEA: Tax Information exchange Agreement

πŸ“ BCSBI: Banking Codes and Standards Board of India.

πŸ“. BIS: Bank for International Settlements.

πŸ“ CDS: Credit Default Swap.

πŸ“ FIMMDA: Fixed Income Money MARKETS and Derivatives Association.

πŸ“ FPI: Foreign Portfolio Investment.

πŸ“IBRD: International Bank For Reconstruction And Development.

πŸ“ UIDAI: Unique Identification Development Authority of India