🔴🔴 BANKING ABBREVIATIONS🔴🔴

🍓 PSBs: Public Sector Banks

🍓 SNBCs: Schedule Non Commercial Banks

🍓 SENSEX: Sensitive Index Of Stock Exchange

🍓 GNP: Gross National Product

🍓 KYC: Know Your Customer

🍓 RTGS: Real Time Gross Settlement

🍓NEFT: National Electronic Money Transfer

🍓EFT: Electronic Fund Transfer

🍓CBS: Core Banking Solutions

🍓 LIBOR: London Interbank Offered Rate

🍓MIBOR: Mumbai Interbank Offered Rate

🍓 MIBID: Mumbai Interbank Bid Rate

🍓 SARFAESI: Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest

🍓CAR: Capital Adequecy Ratio

🍓 FIIs: Foreign Institutional Investments

🍓 FDI: Foreign Direct Investment

🍓IPO: Initial Public Offering

🍓 MICR: Magnetic Ink Character Recognition

🍓BIRD: Bankers Institute Of Rural Development

🍓 IBA: Indian Bank Association

🍓BPLR: Benchmark Prime Lending Rate

🍓SWOT: Strength, Weaknesses, Opportunities And Threats

🍓 SWIFT: Society For Worldwide Interbank Financial Telecommunication

🍓 FERA: Foreign Exchange Regulatory Act

🍓 FEMA: Foreign Exchange Management Act

🍓 CASA: Current And Saving Account

🍓 NDTL: Net Demand And Time Liabilities

🍓NASDAQ: National Association For Securities Dealers Automated Quotations

🍓 CRISIL: Credit Rating And Investment Services India Limited

🍓 CIBIL: Credit Information Bureau Of India Limited

🍓 NAV: Net Asset Value

🍓ICRA: Indian Credit Rating Agency

🍓CARE: Credit Analysis And Research Limited

🍓 INFINET: Indian Financial Network

🍓 OLTAS: On-line Tax Accounting System (OLTAS) for Direct Taxes

🍓 TIN: Tax Information Network (TIN)

🍓 IMPS: Interbank Mobile Payment Service (IMPS) or Immediate Payment Service

🍓 CDR: Corporate Debt Restructuring

🍓CAD: Capital Account Deficit

🍓 REITs: Real Estate Investment Trusts

🍓ASBA: Application Supported by Blocked Amount

🍓 PIN: Personal Identification Number

🍓 DTAA: Double Taxation Avoidance Agreement

🍓 ECBs: External Commercial Borrowings

🍓EFSF: European Financial Stability Facility

🍓 FINO: Financial Inclusion Network Operation

🍓 FIPB: Foreign Investment Promotion board

🍓 FSLRC: Financial Sector Legislative Reforms Commission

🍓CRAR: Capital to Risk-weighted Assets Ratio

🍓LCR: Liquidity Coverage Ratio

🍓 TARC: Tax Administration Reform Commission

🍓 FRBMA: Fiscal Responsibility and Budget Management Act

🍓TIEA: Tax Information exchange Agreement

🍓 BCSBI: Banking Codes and Standards Board of India.

🍓. BIS: Bank for International Settlements.

🍓 CDS: Credit Default Swap.

🍓 FIMMDA: Fixed Income Money MARKETS and Derivatives Association.

🍓 FPI: Foreign Portfolio Investment.

🍓IBRD: International Bank For Reconstruction And Development.

🍓 UIDAI: Unique Identification Development Authority of India

😀SANJAM😀