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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