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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