Important Banking abbreviations

Here is some important abbreviations related to banking and finance section, these are important for IBPS exams.

ASBA – Account Supported by Blocked Amount

ADR – American Depository Receipts

BIFR – Board for Industrial and Financial Reconstruction

BCSBI – Banking Codes & Standard Board of India

BIS – Bank for International Settlement

BCBS – Basel Committee on Banking Supervision

BOP – Balance of Payment

BOT – Balance of Trade

BPLR – Benchmark Prime Lending Rate

CAMELS – Capital Adequacy, Asset Quality, Management Earnings, Liquidity, Systems & Controls

CCIL – Clearing Corporation of India Ltd.

CIBIL – Credit Information Bureau of India Ltd.

CRISIL – Credit Rating Information Services of India Ltd.

CBLO – Collateralised Borrowing & Lending Obligation

CPI – Consumer Price Index

CRM – Customer Relationship Management

CTT – Commodities Transaction Tax

CRR – Cash Reserve Ratio

NABARD – National Bank for Agricultural & Rural Development

RTGS – Real Time Gross Settlement

NEFT – National Electronic Fund Transfer

NAV – Net Asset Value

NPA – Non Performing Asset

GDR – Global Depository Receipts

ALM – Asset Liability Management

ARC – Asset Reconstruction Companies

FINO – Financial Inclusion Network Operation

KYC – Know Your Customer

SLR – Statutory Liquidity Ratio

MSF – Marginal Standing Facility

REPO – Repurchase Option

NBFC – Non Banking Finance Companes

OSMOS – Off-Site Monitoring & Surveillance

IFSC – Indian Financial System Code

BSE – Bombay Stock Exchange

NSE – National Stock Exchange

SWIFT – Society for Worldwide Interbank Financial Tele communication

FSLRC – Financial Sector Legislative Reforms Commission

LAF – Liquidity Adjustment Facility

DRT – Debt Recovery Tribunals

MSME – Micro Small and Medium Enterprises

MSE – Micro and Small Enterprises

ECGC- Export Credit Guarantee Corporation

FRBM – Fiscal Responsibility and Budget Management

GDP-Gross Domestic Product

PAN -Permanent account number

T-bills- Treasury Bills


READ  Basics of Permutations and Combinations

Author Profile

IBPS Preparation Team
IBPS Preparation Team
At IBPS Preparation,We provide pathway for any candidate who wishes to shine in the recruitment process of IBPS.

Leave a Reply

Your email address will not be published. Required fields are marked *

4 + 3 =

© Copyright 2017 - All Rights Reserved | DesignzRush (OPC) Pvt. Ltd.
Complete Solution for Banking Exams in India