IMPORTANT BANKING ABBREVIATIONS ************************************************ 1. NABARD - National Bank for Agricultural & Rural Development 2. RTGS - Real Time Gross Settlement 3. NEFT - National Electronic Fund Transfer 4. NAV - Net Asset Value 5. NPA - Non Performing Asset 6. ASBA - Account Supported by Blocked Amount 7. BIFR - Board for Industrial and Financial Reconstruction 8. CAMELS - Capital Adequacy, Asset Quality, Management Earnings, Liquidity, Systems & Controls 9. BCSBI - Banking Codes & Standard Board of India 10. BIS – Bank for International Settlement 11. BCBS – Basel Committee on Banking Supervision 12. BOP - Balance of Payment 13. BOT - Balance of Trade 14. BPLR – Benchmark Prime Lending Rate 15. CCIL – Clearing Corporation of India Ltd. 16. CIBIL - Credit Information Bureau of India Ltd. 17. CRISIL - Credit Rating Information Services of India Ltd. 18. CBLO - Collateralised Borrowing & Lending Obligation 19. CPI - Consumer Price Index 20. ADR – American Depository Receipts 21. GDR – Global Depository Receipts 22. ALM - Asset Liability Management 23. ARC – Asset Reconstruction Companies 24. FINO - Financial Inclusion Network Operation 25. CTT - Commodities TransactionTax 26. CRM - Customer Relationship Management 27. KYC - Know Your Customer 28. SLR - Statutory Liquidity Ratio 29. CRR - Cash Reserve Ratio 30. MSF - Marginal Standing Facility 31. REPO - Repurchase Option 32. NBFC - Non Banking Finance Companies 33. OSMOS - Off-Site Monitoring & Surveillance 34. IFSC - Indian Financial System Code 35. BSE - Bombay Stock Exchange 36. NSE - National Stock Exchange 37. SWIFT - Society for Worldwide Interbank Financial Tele communication 38. FSLRC – Financial Sector Legislative Reforms Commission 39. LAF – Liquidity Adjustment Facility 40. DRT – Debt Recovery Tribunals.
Posted on: Sat, 10 Aug 2013 12:13:13 +0000