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Different Banking Terms : 01




01.       ISCI – International Standard Industrial Classification
02.       KCC – Kisan Credit Card
03.       KVIC – Khadi and Village Industries Corporation
04.       KYC – Know your customer
05.       LAMPS – Large Sized Adivasi Multipurpose societies
06.       LERMS – Liberalised Exchange Rate Management System
07.       LIC – Life Insurance Corporation of India
08.       MCA – Ministry of Company affairs
09.       MIS – Management Information System
10.       MICR – Magnetic Ink Character Recognition

11.       NABARD – National Bank for Agriculture and Rural Development
12.       NBFC – Non Banking Finance Companies
13.       NEFT – National Electronic Funds Transfer
14.       NPA – Non Performing assets
15.       NRE – Non Resident External account
16.       NRI – Non Resident Indian
17.       NSE – National Stock Exchange
18.       OLTAS – Online tax accounting system
19.       OMO – Open market operations
20.       PACS – Primary Agricultural Credit Societies
21.       PDO – Public Debt Office
22.       PIN – Personal Identification Number
23.       QIB – Qualified Institutional Buyers
24.       RBI – Reserve Bank of India
25.       RDBMS – Relational Database Management System
26.       REC – Rural Electrification Corporation
27.       RFC – Resident Foreign Currency
28.       RIDF – Rural Infrastructure Development Fund
29.       RRB – Regional Rural Bank
30.       RTGS – Real Time Gross Settlement
31.       RWA – Risk Weighted Assets
32.       SBI – State Bank of India
33.       SCB – Scheduled Commercial Bank
34.       SDR – Special Drawing Rights
35.       SEBI – Securities and Exchange Board of India
36.       SFMS - Structured Financial Messaging Services
37.       SHG – Self Help Group
38.       SIDBI – Small Industries Development Bank of India
39.       SIDC – State Industrial Development Corporation
40.       SJSRY –Swarna Jayanthi Shahari Rozgar Yojana
41.       SLR – Statutory Liquidity Ratio
42.       SLRS – Scheme for Liberation and Rehabilitation of Scavangers
43.       SMERA – SME rating agency of India Limited
44.       SSI – Small Scale Industries
45.       SME – Small and Medium Industries
46.       SSSBE – Small Scale Service and Business Enterprises
47.       UTI – Unit Trust of India
48.       WPI – Wholesale Price Index
49.       YTM – Yield to maturity
50.       LAB – Local Area Banks

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1 comment:

  1. I absolutely love your blog and find many of your post's to be exactly I'm looking for.
    Steven Conville

    ReplyDelete

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