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


 

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