BPS BANK EXAMINATIONS RAPID READING EXERCISE- PART: 011

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BANKING TERMS - ABBREVIATIONS

01.            ALM – Asset Liability Management

02.            ANBC – Adjusted Net Bank Credit

03.            ASBA – Applications supported Bank accounts

04.            BOE – Bill of Exchange

05.            CASA – Current and savings accounts

06.            CBLO – Collaterialised Bank Lending Obligations

07.            CIBIL – Credit Information Bureau of India Limited

08.            DPG – Deferred Payment Guarantee

09.            DPN – Demand Promissory Note

10.            DRAT – Debt Recovery Appellate tribunal

11.            DRI – Differential Rate of Interest

12.            DSCR – Debt Service Coverage Ratio

13.            EDI – Electronic Data Interchange

14.            EMI – Equated Monthly Instalments

15.            EPS – Earnings Per Share

16.            ESOP – Employee Stock Options

17.            FEDAI – Foreign Exchange Dealers Association of India

18.            FFMC – Full Fledged Money Changers

19.            FOB – Free on Board

20.            LIBOR – London Inter Bank Operations Rate

21.            MIBOR – Mumbai Inter Bank Operations Rate

22.            MOU – Memorandum of Understanding

23.            MCA – Ministry of Company Affairs

24.            NPV – Net Present Value

25.            OCB – Overseas Corporate Bodies

26.            POA – Power of Attorney

27.            RKBY – Rashtriya Krishi Bima Yojana

28.            SEBI – Securities and Exchange Board of India

29.            LAF – Liquidity Adjustment Facility

30.            IDBI – Industrial Development Bank of India

31.            BCSBI – Banking Codes and Standards Board of India

32.            IRDA – Insurance Regulatory Development Authority

33.            DICGC – Deposit Insurance and Credit Guarantee Corporation

34.            SPV – Special Purpose Vehicle

35.            CRISIL – Credit Rating Information Services of India Limited

36.            ICRA – Investment Information and Credit Rating Agency of India Limited

37.            CARE – Credit Analysis and Research Limited

38.            MCX – Multi Commodity Exchange

39.            CCIL – Clearing Corporation of India Limited

40.            OTCEI – Over the Counter Exchange of India

41.            EFT – Electronoc Funds Transfer

42.            ARF – Asset Reconstruction Fund

43.            MSS – Market Stabilisation Scheme

44.            CRAR – Capital to Risk Assets Ratio

45.            FSDC – Financial Stability and Development Council

46.            SCARDB – State Cooperative Agriculture and Rural Development Banks

47.            LERMS – Liberalised Exchange Rate Management System

48.            BOT – Balance of Trade

49.            CAC – Capital account convertibility

50.            NDS – Negotiated Dealing System