9 Oct 2016

Banking Abbreviations for Upcoming IBPS PO/Clerk/RRB 2016

List of Important Banking Abbreviations for Upcoming IBPS PO/Clerk/RRB 2016
List of Important Banking Abbreviations for Upcoming IBPS PO/Clerk/RRB 2016:
Dear Readers, Here we have given the list of important Banking Abbreviations for upcoming IBPS PO/Clerk/RRB Exams 2016, candidates can make use of it.


KCC
Kisan Credit Card
KVIC
Khadi and Village Industries Corporation
KYC
Know your customer
LAMPS
Large Sized Adivasi Multipurpose societies
LERMS
Liberalised Exchange Rate Management System
LIC
Life Insurance Corporation of India
MCA
Ministry of Company affairs
MIS
Management Information System
MICR
Magnetic Ink Character Recognition
NABARD
National Bank for Agriculture and Rural Development
NBFC
Non Banking Finance Companies
NEFT
National Electronic Funds Transfer
NPA
Non Performing assets
NRE
Non Resident External account
NRI
Non Resident Indian
OLTAS
Online tax accounting system
OMO
Open market operations
PACS
Primary Agricultural Credit Societies
PDO
Public Debt Office
PIN
Personal Identification Number
QIB
Qualified Institutional Buyers
RBI
Reserve Bank of India
RDBMS
Relational Database Management System
REC
Rural Electrification Corporation
RFC
Resident Foreign Currency
RIDF
Rural Infrastructure Development Fund
RRB
Regional Rural Bank
RTGS
Real Time Gross Settlement
RWA
Risk Weighted Assets
SCB
Scheduled Commercial Bank
SDR
Special Drawing Rights
SEBI
Securities and Exchange Board of India
SFMS
Structured Financial Messaging Services
SHG
Self Help Group
SIDBI
Small Industries Development Bank of India
SIDC
State Industrial Development Corporation
SJSRY
Swarna Jayanthi Shahari Rozgar Yojana
SLRS
Scheme for Liberation and Rehabilitation of Scavangers
SMERA
SME rating agency of India Limited
SSI
Small Scale Industries
SME
Small and Medium Industries
SSSBE
Small Scale Service and Business Enterprises
UTI
Unit Trust of India
WPI
Wholesale Price Index
YTM
Yield to maturity
LAB
Local Area Banks
ALM
Asset Liability Management
ANBC
Adjusted Net Bank Credit
ASBA
Applications supported Bank accounts
BOE
Bill of Exchange
CASA
Current and savings accounts
CBLO
Collateralised Bank Lending Obligations
CIBIL
Credit Information Bureau of India Limited




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