Monday, 23 May 2016

Important Banking Abbreviations for Bank Exams

Dear mm expert readers. Here is the Latest banking abbreviations for IBPS PO exam, Bank Clerk, Specialist Officer (SO) and RRB PO /Clerk Exams. as you know SBI PO Recruitment and SBI Clerk Recruitent 2016-2017 process running and upcoming manner. You practice with Important Banking abbreviations (IBPS) available in this article. Good news that we updated a new PDF version downloadable file for our readers.

You check complete list of Banking abbreviations that are questions asked in bank exams and bank interview. In this Banking Acronyms post we made all efforts have been made to include every terms and abbreviation. Find Banking abbreviations fully solved questions and answers useful for competitive exams here. You alo read daily latest and up to date current affairs for your upcoming bank exams.

Must Read : BANKING CURRENT EVENTS 2016 (PDF) 

1. PIN: Personal Identification Number
2. CCEA – Cabinet Committee on Economic Affairs


3. GIRO - Government Internal Revenue Order
4. PPP – Public Private Partnership & Purchasing Power parity
5. HDFC: Housing Development Finance Corporation
6. SWOT: Strength, Weeknesses, Opportunities And Threats
7. SWIFT: Society for Worldwide Financial Telecommunications,
8. FERA: Foreign Exchange Regulations Act
9. FEMA: Foreign Exchange Management Act
10. CRISIL: Credit Rating Information Services of India Limited
11. CIBIL: Credit Information Bureau (India) Ltd
12. KYC: Know Your Customer
13. RTGS: Real Time gross settlement
14. NEFT: National electronic Money Transfer
15. EFT: Electronic fund transfer
16. CBS: Core banking Solutions
17. PSBs: Public Sector banks
18. FIIs: Foreign Institutional investments
19. FDI: Foreign Direct Investment
20. IPO: Initial Public Offering
21. IBA: Indian bank Association
22. BPLR: Benchmark prime Lending rate
23. ICICI: Industrial Credit and Investment Corporation of India
24. MICR: Magnetic Ink Character reader
25. BIRD: Bankers Institute of Rural development
26. ICRA: Indian Credit rating Agency
27. CARE: Credit Analysis & Research Ltd
28. WMAs: Ways and means Advances
29. ALM: Asset Liability management
30. CASA: Current and saving account
31. NDTL: Net Demand and Time Liabilities
32. ALM- Asset Liability Management
33. ASBA: Application Supported by Blocked Amount
34. CBS: Core Banking Solution
35. FSLRC – Financial Sector Legislative Reforms Commission
36. CRAR: Capital to Risk-weighted Assets Ratio
37. LCR: Liquidity Coverage Ratio
38. TARC - Tax Administration Reform Commission
39. TIEA – Tax Information exchange Agreement
40. . GAAR - General anti avoidance rule
41. LIBOR: London Interbank Offered rate
42. MIBOR: Mumbai Interbank Offered rate
43. MIBID: Mumbai Interbank Bid rate
44. SARFAESI: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
45. CAMELS: (C)apital adequacy
(A)ssets
(M)anagement Capability
(E)arnings
(L)iquidity (also called asset liability management)
(S)ensitivity
46. CAR: Capital Adequecy Ratio
TIN - Tax Information Network (TIN)
47. IMPS - Interbank Mobile Payment Service (IMPS).
48. CDR- Corporate Debt Restructuring
49. CAD- Capital Account Deficit
50. REITs: Real Estate Investment Trusts
51. InvITs: Infrastructure Investment Trusts
52. DTAA – Double Taxation Avoidance Agreement
53. ECBs - External Commercial Borrowings
54. EFSF – European Financial Stability Facility
55. FINO- Financial Inclusion Network Operation
56. FIPB – Foreign Investment Promotion board
57. SENSEX: Sensitive index of Stock Exchange
58. GNP: Gross national Product
59. NASDAQ: National Association of Securities Dealers Automated Quotations
60. NAV: Net Asset value
61. ATM Full Form - - Asynchronous Transfer Mode
62. ATM Full Form - - Automated teller machine
63. BCBS Full Form - - - Basel committee for Banking Supervision
64. GST - Goods and Service Tax


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Keep Studying, Keep Rising, Crusaders!

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