Important Acronyms for Banking & Finance terms (I—N) IBA— Indian Banks’ Association ICICI— Industrial Credit and Investment Corporation of India ICT— Information and Communication Technology IDBI— Industrial Development Bank of India IDMD— Internal Debt Management Department IDR— Indian Depository Receipt IDRBT— Institute for Development and Research in Banking Technology IGIDR —Indira Gandhi Institute of Development Research IMF —International Monetary Fund IPDIs —Innovative Perpetual Debt Instruments IRS— Interest Rate Swap JV— Joint Venture KCC— Kisan Credit Card KYC— Know Your Customer LAF —Liquidity Adjustment Facility LERMS— Liberalised Exchange Rate Management System LTCCI— Long Term Rural Cooperative Credit Institution MCX-SX— MCX Stock Exchange MICR— Magnetic Ink Character Recognition MPD— Monetary Policy Department MSE— Micro and Small Enterprise MSMED —Micro, Small and Medium Enterprises Development MSS— Market Stabilisation Scheme NABARD —National Bank for Agriculture and Rural Development NBFCs— Non-Banking Financial Companies NBFC-D —Deposit taking NBFC NBFC-ND —Non-deposit taking NBFC NDS— Negotiated Dealing System NDS - OM —Negotiated Dealing System – Order Matching NDTL —Net Demand and Time Liability NECS— National Electronic Clearing System NEFT— National Electronic Funds Transfer NER— North Eastern Region NGO —Non-GovernmentOrganisation NI Act— Negotiable Instruments Act NIBM— National Institute of Bank Management NoF —Net owned Funds NPAs— Non-Performing Assets NPCI —National Payments Corporation of India NR(E)RA —Non-Resident (External) Rupee Account NREGS —National Rural Employment Guarantee Scheme NRI —Non-Resident Indian NRO —Non- Resident Ordinary Account NSDL —National Securities Depository Limited #xxx
Posted on: Wed, 25 Sep 2013 14:11:33 +0000
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