Banking Awareness: Important Abbreviations Related to Banking Sector
Hi IBPS and SBI Aspirants today we publishing Important Abbreviations related to Banking Sector.Minimum two or three Abbreviation related questions are asking in every competitive exam. So we prepared these Important Abbreviation from Last five years Previous Papers. Happy reading..............
- CRM - Customer Relationship Management
- CNP - Cardholder Not Present
- EOQ - Economic Order Quality
- FDR - Fixed Deposit Receipts
- GDP - Gross Domestic Product
- HNI - High Net worth Individual
- MIS - Management Information System
- IPO - Initial Public Offering
- M&A - Mergers & Acquisitions
- MR - Marginal Revenue
- NPA - Non Performing Assets
- PAN - Permanent Account Number
- ATM - Automated Teller Machine
- PIN - Personal Identification Number
- SEO - Search Engine Optimization
- SEBI - Security Exchange Board of India
- ROA - Retutrn on Assets
- SWOT - Strengths, Weaknesses Opportunities and Threats
- VAT - Value Added Tax
- KYC - Know Your Customer
- SIP - Systematic Investment Plan
- NBFC - Non-Banking Financial Company
- NEFT - National Electronic Fund Transfer
- RTGS - Real Time Gross Settlement
- SEZ - Special Economic Zone
- GDP - Gross Domestic Product
- GNP - Gross National Product
- FDI - Foreign Direct Investment
- FII - Foreign Institutional Investor
- BEP - Break Even Point
- PLR - Prime Lending Rate
- SLR - Statutory Liquidity Ratio
- CRR - Cash Reserve Ratio
- SDR - Special Drawing Rights
- LIBOR - London Inter Bank Offered Rate
- YTM - Yield to Maturity
- ALCO - Asset-Liability Management Committee
- NII - Net Interest Income
- NPA - Non Performing Assets
- IMF - International Monetary Fund
- IRDA- Insurance Regulatory and Development Authority
- SIDBI - The Small Industries Development Bank of India
- NABARD - National Bank for Agricultural and Rural Development
- ASSOCHAM - The Associated Chambers of Commerce and Industry of India
- NASSCOM - The National Association of Software and Services Companies
- BPO - Business Process Outsourcing
- APR - Annual Percentage Rate
- IDRA - Industries Development and Regulation Act
- EFT - Electronic Fund Transfer
- EMI - Equated Monthly Instalments
- IRR - Internal Rate of Return
- LC - Letter of Credit
- BG - Bank Guarantee
- NAV - Net Asset Value
- NPV - Net Present Value
- SWIFT - Society for Worldwide Inter-bank Financial Telecommunication
- AML - Anti Money Laundering
- BBR - Bank Base Rate
- BIS - Bank Of International Settlements
- BOS - Banking Ombudsman Scheme
- CAR - Capital Adequacy Ratio
- CASA - Current Account and Saving Account
- CBS - Core Banking Solutions
- CIBIL - Credit Information Bureau of India Limited
- CPC - Cheque Processing Centre
- CRR - Cash Reserve Ratio
- ECB - External Commercial Borrowing
- FCNRA - Foreign Currency Non- Resident accounts
- FCRA - Foreign Contibution Regulation Act
- FEMA - Foreign Exchange Management Act
- FERA - Foreign Exchange Regulation Act
- FICN - Fake Indian Currency Notes
- NHB - National Housing Bank
- OBU - Off-Shore Banking Unit
- OTS - One Time Settlement
- PACS - Primary Agricultural Credit Society
- PMLS - Prevention Of Money Laundering Act
- POS - Point Of Sale
- SCB - Scheduled Commercial Bank
- SDS - Special Deposit Scheme
- STD - Short Term Deposit
- VDIS - Voluntary Disclosure of Income Scheme
- GDR - Global Depositary Receipt
- LAF - Liquidity Adjustment Facility
- DAP - Development Action Plan
- DBOD - Department of Banking Operations and Development
- EXIM Bank - Export Import Bank of India
- ICICI - Industrial Credit and Investment Corporation of India
- IFAD - International Fund for Agricultural Development
- OLTAS - OnLine Tax Accounting System
- SIDC - State Industrial Development Corporation
- RE - Revenue Expenditure
- REC - Rural Electrification Corporation
- REER - Real Effective Exchange Rate
- RFC - Residents Foreign Currency
- RIB - Resurgent India Bonds
- SFC - State Financial Corporation
- SGL - Subsidiary General Ledger
- NPRB - Net Primary Revenue Balance
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banking product pricing
ReplyDeletePricing based on classical methods like cost plus, segment based, or competition based are too risky in the new digital environment.
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