Important BANKING TERMS!!! ========================================= LLP : Limited Liability Partnership HDI : Human Development Index MAT : Minimum Alternative Tax MFI : Micro Finance Institution MFN : Most favoured Nation MNC : Multinational Company MSP : Minimum Support Price MOU : Memorandum Of Understanding NAV : Net Asset Value NCD : Non Convertable Debuntures NGO : Non-Government Organisation NRC : Non Recurring Cost NRI : Non-Resident Indian NEFT: National Electronic Funds Transfer FSDC : Financial Stability Development Counsil FATF : Financial Action Test Force FSB : Financed Stability Board FDI : Foreign Direct Investments FII : Foreign Institutional Investers FEMA : Foreign Exchange Management Act FIPB : Foreign Investment Promotion Board FPI : Fixed Price Incentive FPO : Follow on Public Offer FTA : Free Trade Agreement FCCB : Foreign Currency Convertable Bonds FRBM Act : Fiscal Responsibility And Budget Management Act GDP : Gross Domestic Product GDR : Global Depository Receipt GNP : Gross National Product GST : Goods and Service Tax IBRD : International Bank for Reconstruction and Development ICRA : Indian Credit Rating Agency IPO : Initial Public Offer IPR : Intellectual Property Rights IRDA : Insurance Regulatory Development Authority JSC : Joint Stock Company NSE : National Stock Exchange NSSO : National Sample Survey Organisation PPP : Purchasing Power Parity & Public Priveate Partnership PSU : Public Sector Undertakings QIB : Qualified Institutional Borrower RTGS: Real Time Gross Settlement SEBI : Securities and Exchange Board of India
Posted on: Tue, 29 Apr 2014 16:12:21 +0000