Banking Fullforms

BANKING RELATED TERMS

Here I have given you some of the full forms of the terms used in Banking.

CRR    :           Cash Reserve Ratio

SLR     :           Statuary Liquidity Ratio

REPO  :           Repurchase Option

CAR    :           Capital Adequacy Ratio

NABARD       :           National Bank for Agriculture and Rural Development

RBI     :           Reserve Bank of India

WTO   :           World Trade Organization

NPA                :           Non Performing Assets

DICGC           :           Deposit Insurance and Credit Guarantee Corporation

ECGC             :           Exports Credit Guarantee Corporation

EXIM BANK :           Exports and Imports Bank of India

IDBI               :           Industrial Development Bank of India

NHB               :           National Housing Bank

SHG                :           Self Help Group

FCNR (B)       :           Foreign Currency Non Resident Account (Banker)

NRI                 :           Non Resident Indian

NRE                :           Non Resident External Account

PIO                 :           Person of Indian Origin

NDS                :           Negotiated Dealings Settlement

SGL                :           Subsidiary General Ledger

CIBIL             :           Credit Information Bureau of India Ltd.,

CCIL               :           Clearing Corporation of India Ltd.,

CBS                :           Core Banking Solutions

ECS                 :           Electronic Clearing System

EFT                 :           Electronic Fund Transfer

ATM               :           Automated Teller Machine

PIN                 :           Personal Identification Number

RTGS              :           Real Time Gross Settlement

SB ACCOUNT          :           Savings Band Account

TDR                :           Term Deposit Receipt

PAN                :           Permanent Account Number

PDO                :           Public Department Office

CASA DEPOSITS     :           Current Account Savings Account

TDS                 :           Tax Deducted at Source

KYC               :           Know Your Customer

ADR               :           American Depository Receipt

GDR               :           Global Depository Receipt

ECB                :           External Commercial Borrowing

FDI                 :           Foreign Direct Investment

FII                   :           Foreign Institutional Investors

RIDF               :           Rural Infrastructure Development Fund

NI ACT           :           Negotiable Instruments Act

NPV                :           Net Present Value

IRR                 :           Internal Rate of Return

ROI                 :           Return on Investment

YTM               :           Yield to Maturity

DSCR             :           Data Service Coverage Ratio

BEP                 :           Break Even Point

EFS                 :           Earnings for Share

DPS                 :           Dividend per Share

NPA                :           Non Performing Assets

LPG                :           Liberalization, Privatization, Globalization

IFSC               :           Indian Financial System Code

PLR                 :           Prime Lending Rate

BPLR              :           Bench Mark Prime Lending Rate

IRDA              :           Insurance Regulatory Development Authority

MSF                :           Marginal Standing Facility

CVV (on atm) :           Card Verification Value

CNP (on atm)  :           Card not Present

GCAS             :           Global Customer Assistance Service

FERA              :           Foreign Exchange Regulation Act

LAF                :           Liquid Adjustment Facility

MSS                :           Market Stabilization Scheme

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COPY-WRITE OWNED BY PRAMOD KUMAR