Important Banking Abbreviations For competitive bank exams Exams
1.
BSBDA – Basic Savings Bank Deposit Account
2. FCNR(B)
– Foreign Currency Non-Resident Bank
3. TARC –
Tax Administration Reform Commission
4. ITEs:
Intra-Group Transactions and Exposures
5. LCR:
Liquidity Coverage Ratio
6. NSFR:
Net Stable Funding Ratio
7. LRMT:
Liquidity risk monitoring tools
8. CBS:
Core Banking Solution
9. DEAF:
Depositor Education and Awareness Fund
10. CRAR:
Capital to Risk-weighted Assets Ratio
11.
External Commercial Borrowings (ECB)
12. SWIFT:
Society for Worldwide Interbank Financial
Telecommunication
13. FSLRC:
Financial Sector Legislative Reforms Commission
14. MIBOR:
Mumbai Inter-Bank Offer Rate
15. LIBOR:
London Inter-Bank Offer Rate
16. LAF –
Liquidity Adjustment Facility
17. GIRO –
Government Internal Revenue Order
18. EEFC –
Exchange Earner’s Foreign Currency
19. FRBMA:
Fiscal Responsibility and Budget Management Act
20.
ALM- Asset Liability Management
21. AMFI-
Association of Mutual Fund in India.
22. TIEA
– Tax Information exchange Agreement
23. CAR –
Cash Adequacy Ratio
24. CCEA –
Cabinet Committee on Economic Affairs
25. CECA –
Comprehensive Economic Cooperation Agreement
26. CEPA –
Comprehensive Economic Partnership Agreement
27. DTAA
– Double Taxation Avoidance Agreement
28. DTC –
Direct Tax Code
29. ECBs –
External Commercial Borrowings
30. EEFC –
Exchange Earner’s Foreign Currency
31. EFSF –
European Financial Stability Facility
32.
FEMA- Foreign Exchange Management Act
33. FII –
Foreign Institutional Investor.
34.
FINO- Financial Inclusion Network Operation
35. FIPB –
Foreign Investment Promotion board
36. FSLRC
– Financial Sector Legislative Reforms Commission
37. FTA-
Free trade agreement
38. GAAR –
General anti avoidance rule
39. GSLV –
Geo-Synchronous Launch Vehicle
40.
MSF-Marginal Standing Facility
41.
NBFC-Non Banking Finance Companies
42. NCTC –
National Counter-Terrorism Centre
43. NEFT –
National Electronic Funds Transfer
44. NSG –
Nuclear Suppliers Group
45. PPP –
Public Private Partnership & Purchasing Power
parity
46. PSLV –
Polar Satellite Launch vehicle
47. RTGS –
Real Time Gross Settlement
48.
SLR-Statutory Liquidity Ratio
49. TAPI –
Turkmenistan-Afghanistan-Pakistan-India.
50. QFI
-Qualified Foreign Investors