Important ABBREVIATIONS

16 Nov 2014

ABBREVIATIONS
\r\n• KCC – Kisan Credit Card
\r\n

• KVIC – Khadi and Village Industries\r\nCorporation
\r\n
• KYC – Know your customer
\r\n
• LAMPS – Large Sized Adivasi Multipurpose\r\nsocieties
\r\n
• LERMS – Liberalised Exchange Rate Management\r\nSystem
\r\n
• LIC – Life Insurance Corporation of India
\r\n
• MCA – Ministry of Company affairs
\r\n
• MIS – Management Information System
\r\n
• MICR – Magnetic Ink Character Recognition
\r\n
• NABARD – National Bank for Agriculture and\r\nRural Development
\r\n
• NBFC – Non Banking Finance Companies
\r\n
• NEFT – National Electronic Funds Transfer
\r\n
• NPA – Non Performing assets
\r\n
• NRE – Non Resident External account
\r\n
• NRI – Non Resident Indian
\r\n
• NSE – National Stock Exchange
\r\n
• OLTAS – Online tax accounting system
\r\n
• OMO – Open market operations
\r\n
• PACS – Primary Agricultural Credit Societies
\r\n
• PDO – Public Debt Office
\r\n
• PIN – Personal Identification Number
\r\n
• QIB – Qualified Institutional Buyers
\r\n
• RBI – Reserve Bank of India
\r\n
• RDBMS – Relational Database Management System
\r\n
• REC – Rural ElectrificationCorporation
\r\n
• RFC – Resident Foreign Currency
\r\n
• RIDF – Rural Infrastructure Development Fund
\r\n
• RRB – Regional Rural Bank
\r\n
• RTGS – Real Time Gross Settlement
\r\n
• RWA – Risk Weighted Assets
\r\n
• SBI – State Bank of India
\r\n
• SCB – Scheduled Commercial Bank
\r\n
• SDR – Special Drawing Rights
\r\n
• SEBI – Securities and Exchange Board of India
\r\n
• SFMS - Structured Financial Messaging Services
\r\n
• SHG – Self Help Group
\r\n
• SIDBI – Small Industries Development Bank of\r\nIndia
\r\n
• SIDC – State Industrial Development\r\nCorporation
\r\n
• SJSRY –Swarna Jayanthi Shahari Rozgar Yojana
\r\n
• SLR – Statutory Liquidity Ratio
\r\n
• SLRS – Scheme for Liberation and\r\nRehabilitation of Scavangers
\r\n
• SMERA – SME rating agency of India Limited
\r\n
• SSI – Small Scale Industries
\r\n
• SME – Small and Medium Industries
\r\n
• SSSBE – Small Scale Service and Business\r\nEnterprises
\r\n
• UTI – Unit Trust of India
\r\n
• WPI – Wholesale Price Index
\r\n
• YTM – Yield to maturity
\r\n
• LAB – Local Area Banks
\r\n
• ALM – Asset Liability Management
\r\n
• ANBC – Adjusted Net Bank Credit
\r\n
• ASBA – Applications supported Bank accounts
\r\n
• BOE – Bill of Exchange
\r\n
• CASA – Current and savings accounts
\r\n
• CBLO – Collateralised Bank Lending Obligations
\r\n
• CIBIL – Credit Information Bureau of India\r\nLimited
\r\n
• DPG – Deferred Payment Guarantee
\r\n
• DPN – Demand Promissory Note
\r\n
• DRAT – Debt Recovery Appellate tribunal
\r\n
• DRI – Differential Rate of Interest
\r\n
• DSCR – Debt Service Coverage Ratio
\r\n
• EDI – Electronic Data Interchange
\r\n
• EMI – Equated Monthly Instalments
\r\n
• EPS – Earnings Per Share
\r\n
• ESOP – Employee Stock Options
\r\n
• FEDAI – Foreign Exchange Dealers Association\r\nof India
\r\n
• FFMC – Full Fledged Money Changers
\r\n
• FOB – Free on Board
\r\n
• LIBOR – London Inter Bank Operations Rate
\r\n
• MIBOR – Mumbai Inter Bank Operations Rate
\r\n
• MOU – Memorandum of Understanding
\r\n
• MCA – Ministry of Company Affairs
\r\n
• NPV – Net Present Value
\r\n
• OCB – Overseas Corporate Bodies
\r\n
• POA – Power of Attorney
\r\n
• RKBY – Rashtriya Krishi Bima Yojana
\r\n
• SEBI – Securities and Exchange Board of India
\r\n
• LAF – Liquidity Adjustment Facility
\r\n
• IDBI – Industrial Development Bank of India
\r\n
• BCSBI – Banking Codes and Standards Board of\r\nIndia
\r\n
• IRDA – Insurance Regulatory Development\r\nAuthority
\r\n
• DICGC – Deposit Insurance and Credit Guarantee\r\nCorporation
\r\n
• SPV – Special Purpose Vehicle
\r\n
• CRISIL – Credit Rating Information Services of\r\nIndia Limited
\r\n
• ICRA – Investment Information and Credit\r\nRating Agency of India Limited
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General Awareness