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SPEEDY Railway Book (English)

Article: List of Important Banking Abbreviations


       LIST OF IMPORTANT BANKING ABBREVIATIONS     

Sl. No.
Acronyms
Abbreviations
     1.      
SENSEX
Sensitive Index of Stock Exchange
     2.      
NEFT
National Electronic Money Transfer
     3.      
MICR
Magnetic Ink Character Recognition

     4.      
PSBs
Public Sector Banks
     5.      
HDFC
Housing Development Finance Corporation
     6.      
ICICI
Industrial Credit and Investment Corporation of India
     7.      
RTGS
Real Time Gross Settlement
     8.      
EFT
Electronic Fund Transfer
     9.      
FDI
Foreign Direct Investment
    10.                         
CASA
Current and Savings Account
    11.                         
BIRD
Bankers Institute of Rural Development
    12.                         
SWIFT
Society for Worldwide Interbank Financial Telecommunication
    13.                         
CIBIL
Credit Information Bureau of India Limited
    14.                         
GNP
Gross National Product
    15.                         
KYC
Know your Customer
    16.                         
ALM
Asset Liability Management
    17.                         
CEPA
Comprehensive Economic Partnership Agreement
    18.                         
QFI
Qualified Foreign Investors
    19.                         
AD
Authorized Dealer
    20.                         
CARE
Credit Analysis and Research Limited
    21.                         
CAD
Capital Account Deficit
    22.                         
LCR
Liquidity Coverage Ratio
    23.                         
GIRO
Government Internal Revenue Order
    24.                         
FPI
Foreign Portfolio Investment
    25.                         
UIDAI
Unique Identification Development Authority of India
    26.                         
ASSOCHAM
Associated Chambers of Commerce and Industry of India
    27.                         
NAV
Net Asset Value
    28.                         
DTAA
Double Taxation Avoidance Agreement
    29.                         
INFINET
Indian Financial Network
    30.                         
IFSC
Indian Financial System Code
    31.                         
LIBOR
London Interbank Offering Rate
    32.                         
BCBS
Basel Committee on Banking Supervision
    33.                         
PIN
Personal Identification Number
    34.                         
PPP
Public Private Partnership and Purchasing Power Party
    35.                         
CRAR
Capital to Risk-weighted Assets Ratio
    36.                         
ATM
Automated Teller Machine
    37.                         
BOE
Bill of Exchange
    38.                         
BR Act
Banking Regulations Act, 1949
    39.                         
BSR
Basic Statistical Returns
    40.                         
EMI
Equated Monthly Installments
    41.                         
IADB
Inter American Development Bank
    42.                         
IMF
International Monetary Fund
    43.                         
MFDF
Micro Finance Development Fund
    44.                         
PAN
Permanent Account Number
    45.                         
UPIN
Unique Property Identification Numbers

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