Important Banking Abbreviations

"LIST OF IMPORTANT BANKING ABBREVIATIONS"

Acronyms	Abbreviation
SENSEX	Sensitive Index of Stock Exchange
NEFT	National Electronic Monet Transfer
MICR	Magnetic Ink Character Recognition
PSBs	Public Sector Banks
HDFC	Housing Development Finance Corporation
ICICI	Industrial Credit and Investment Corporation of India
RTGS	Real Time Gross Settlement
EFT	Electronic Fund Transfer
FDI	Foreign Direct Investment
CASA	Current and Savings Account
BIRD	Bankers Institute of Rural Development
SWIFT	Society for Worldwide Interbank Financial Telecommunication
CIBIL	Credit Information Bureau of India Limited
GNP	Gross National Product
KYC	Know your Customer
ALM	Asset Liability Management
CEPA	Comprehensive Economic Partnership Agreement
QFI	Qualified Foreign Investors
AD	Authorized Dealer
CARE	Credit Analysis and Research Limited
CAD	Capital Account Deficit
LCR	Liquidity Coverage Ratio
GIRO	Government Internal Revenue Order
FPI	Foreign Portfolio Investment
UIDAI	Unique Identification Development Authority of India
ASSOCHAM	Associated Chambers of Commerce and Industry of India
NAV	Net Asset Value
DTAA	Double Taxation Avoidance Agreement
INFINET	Indian Financial Network
IFSC	Indian Financial System Code
LIBOR	London Interbank Offering Rate
BCBS	Basel Committee on Banking Supervision
PIN	Personal Identification Number
PPP	Public Private Partnership and Purchasing Power Party
CRAR	Capital to Risk-weighted Assets Ratio
ATM	Automated Teller Machine
BOE	Bill of Exchange
BR Act	Banking Regulations Act, 1949
BSR	Basic Statistical Returns
EMI	Equated Monthly Installments
IADB	Inter American Development Bank
IMF	International Monetary Fund
MFDF	Micro Finance Development Fund
PAN	Permanent Account Number
UPIN	Unique Property Identification Numbers