ABBREVIATIONS OF BANKING - 15 Minutes Seminar Notes

 ABBREVIATIONS OF BANKING - 15 Minutes Seminar Notes

Meaning :

• Banking is the business of protecting money for others. Banks lend this money, generating interest that creates profits for the bank and its cucustomers.
  
• A bank is a financial institution licensed to accept deposits and make loans. But they may also perform other financial services.    
  

Abbreviations :

Starting with A

Abbreviation  -  Expanded Form

• AD    -   Authorized Dealer
  
• ABM    -  Assistant Branch Manager
  
• AEPs -     Aadhar Enabled Payments Switch
  
• AFS -     Annual Financial Statement
  
• AGM    -  Annual General Meeting
  

Starting with B 

Abbreviation  -  Expanded Form

• BSR  -  Basic Statistical Returns
  
• BOP  -  Balance of Payments
  
• BOE  -  Bill of Exchange
  
• BOT  -  Build, Operate, Transfer
  
• BSE  -  Bombay Stock Exchange
  

Starting with C

Abbreviations  -  Expanded Form

• CAD  -  Capital Account Deficit
  
• CCIL  -  Clearing Corporation of India Limited
  
• CASA  -  Current And Savings Account
  
• CMIS   - Currency Management Information System
  

Starting with D

Abbreviations  -  Expanded Form

• DTAA  -  Double Taxation Avoidance Agreement
  
• DRAT  -  Debt Recovery Appellate Tribunal
  
• DSCR  -  Debt Service Coverage Ratio
  
• DPN  -  Demand Promissory Note
  

Starting with E

Abbreviations -   Expanded Form

• EADB  -  East African Development Bank
  
• ECBs  -  External Commercial Borrowings
  
• ECS   - Electronic Clearing System
  
• EDI   - Electronic Data Interchange
  

Starting with F

Abbreviations  -  Expanded Form

• FOB  -  Free on Board
  
• FIMMDA  -  Fixed Income Money Markets and Derivatives Association
  
• FDI  -  Foreign Direct Investment
  

Starting with G

Abbreviation  -  Expanded Form

• GDP   - Gross Domestic Product
  
• GAAR  -  General Anti Avoidance Rule
  
• GIRO   - Government Internal Revenue Order
  

Starting with H

Abbreviations  -  Expanded Form

• HDFC -   Housing Development Finance Corporation
  

Starting with I

Abbreviations  -  Expanded Form

• IBA    Indian Bank Associations
  
• ICA    Indian Council of Agricultural Research
  
• IIB    International Investment Bank
  
• ICICI    Industrial Credit & Investment Corporation of India
  

Starting with K

Abbreviation  -  Expanded Form

• KYC  -  Know Your Customer
  
• KCC  -  Kissan Credit Card
  
• KMB  -  Kotak Mahindra Bank
  
• KVB  -  KarurVysya Bank
  
• KVP   - KissanVikasPatra
  

Starting with L

Abbreviations  -  Expanded Form

• LIBOR  -  London Interbank Offered Rate
  
• LAB  -  Local Area Bank
  
• LAF  -  Liquidity Adjustment Facility
  
• LAMPS -   Large Sized Adivasi Multipurpose Societies
  

Starting with M

Abbreviations  -  Expanded Form

• MICR  -  Magnetic Ink Character Recognition
  
• MSF  -  Marginal Standing Facility
  
• MUDRA   - Micro Units Development and Refinance Agency
  

Starting with N

Abbreviations  -  Expanded Form

• NABARD    National Bank for Agriculture and Rural Development
  
• NPA    Non Performing Assets
  

Starting with O

Abbreviations  -  Expanded Form

• OCB  -  Overseas Corporate Bodies
  
• OMO  -  Open Market Operations
  

Starting with P

Abbreviations  -  Expanded Form

• PIN  -  Personal Identification Number
  
• PPP  -  Purchasing Power Parity/ Public Private Partnership
  

Starting with R

Abbreviations  -  Expanded Form

• RTGS  -  Real Time Gross Settlement
  
• ROA  -  Return on Investment
  
• RBI  -  Reserve Bank of India
  

Starting with S

Abbreviations  -  Expanded Form

• SENSEX    Sensitive Index of Stock Exchange
  
• SIDBI    Small Industries Development Bank of India
  

Starting with T

Abbreviations  -  Expanded Form

• TIN  -  Tax Information Number/ Telephone Identification Number
  

Starting with U

Abbreviations  -  Expanded Form

• UIDAI  -  Unique Identification Development Authority of India
  
• UTI   - Unit Trust of India
  

Starting with Y

Abbreviations  -  Expanded Form

• YTM   - Yield to Maturity
  

Presented By,

Kousalya. M

Banking Student

Magme School Of Banking