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Wednesday, March 30, 2022

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

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