Saturday, January 2, 2016

Banking & Insurance Abbreviations for IBPS CWE/LIC AAO Exam 2016

ABEDA- Arab Bank for Economic Development in Africa.
ACF- Auto Correlation Function.
ACS - Automated Clearing Systm.
AD - Authorized Dealer.
ADB - Asian Development Bank.
ADR - American Depository Receipt.
AEPS - Aadhaar Enabled Payments Switch.
AFS -Annual Financial Statement.
AGM Annual General Meeting.
AIC Agricultural Insurance Company.
ASSOCHAM Associated Chambers of Commerce and Industry of India.
AMFL Association of Mutual Funds in India.
ALM Asset Liability Management.
AML Anti Money Laundering.
ATM Automated Teller Machine.
BCSBI Banking Codes and Standards Board of India.
BIS Bank for International Settlements.
BOB Bank of Baroda.
BOI Bank of India.
BOP Balance of Payments.
BOR Bank of Rajasthan.
BOT Build,Operate and Transfer.
BR Act Banking Regulations Act, 1949.
BSCS Basel Committee on Banking Supervision.
BSR Basic Statistical Returns.
BSE Bombay Stock Exchange.
BSR Basic Statistical Returns.
BIS Bank for International Settlements.
CA Chartered Accountant.
CAD Capital Account Deficit.
CAG Controller and Auditor General.
CAG Controller and Auditor General of India.
CAR Cash Adequacy Ratio.
CB Canara Bank.
CBS Core Banking Solution.
CDB Caribbean Development Bank.
CDBS Committee of Direction on Banking Statistics.
CDS Credit Default Swap.
CEPA Comprehensive Economic Partnership Management.
CFRA Combined Finance and Revenue Accounts.
CGRA Currency and Gold Revaluation Account.
CIBIL Credit Information Bureau (India) Limited.
CPI Consumer Price Index.
CRAR Capital To Risk Weighted Asset Ratio.
CRMD Credit Risk Management Department.
CRR Cash Reserve Ratio.
CTI Country Threat Index.
COB Corporation Bank.
CP Colombo Plan.
CUB City Union Bank
DB Dena Bank.
DB Dhanlakshmi Bank.
DTAA Double Taxation Avoidance Agreement.
ECB External Commercial Borrowings.
ECS Electronic Clearing System.
EEFC Exchange Earner’s Foreign Currency.
ELSS Equity Linked Saving Scheme.
EADB East African Development Bank.
EBRD European Bank for Reconstruction and Development.
EIB European Investment Bank.
EXIM Export Import Bank of India.
FCA Foreign Currency Assets.
FCCB Foreign Currency Convertible Bonds.
FCNRA Foreign Currency Non resident Account.
FDI Foreign Direct Investment.
FERA Foreign Exchange Regulation Act.
FICCI Federation of Indian Chambers of Commerce and Industry.
FII Foreign Institutional Investor.
FIMMDA Fixed Income Money Markets and Derivatives Association.
FIPB Foreign Investment Promotion Board.
FPI Foreign Portfolio Investment.
FTA Free Trade Agreement.
GDP Gross Domestic Product.
GDR Global Depository Receipt.
GFD Gross Fiscal Deficit.
GIRO Government Internal Revenue Order.
GAAR General Anti Avoidance Rule.
HDFC Housing Development Finance Corporation.
IADB Inter American Development Bank.
IBPS Institute of Banking Personnel Selection.
IBRD International Bank For Reconstruction And Development.
ICA Indian Council of Agricultural Research.
ICICI Industrial Credit and Investment Corporation of India.
IDB Islamic Development Bank.
IDBI Industrial Development Bank of India.
IDR Indian Depository Receipts.
IIB International Investment Bank.
IIBF Indian Institute of Banking and Finance.
IRR Internal Rate Of Return.
IMD India Millennium Deposits.
IMF International Monetary Fund.
IMPS Immediate Mobile Payment System.
IOB Indian Overseas Bank.
IPO Initial Public Offering.
IRBI Industrial Reconstruction Bank of India.
KCC Kisan Credit Card.
KMB Kotak Mahindra Bank.
KVB Karur Vysya Bank.
KYC Know Your Customer.
LAB Local Area Bank.
LAF Liquidity Adjustment Facility.
LDB Land Development Bank.
LIBOR London Inter Bank Offered Rate.
MIBOR Mumbai Inter Bank Offer Rate.
NABARD National Bank for Agricultural and Rural Development.
NAS National Account Statistics.
NAV Net Asset Value.
NBC Non Banking Companies.
NBFC Non Banking and Finance companies.
NEFT National Electronic Funds Transfer System.
NFA No Frills Account.
NFC Non Banking Finance Companies.
NHB National Housing Bank.
NIB Nordic Investment Bank.
NPA Non Performing Assets.
NPS National Pensions Scheme.
NSE National Stock Exchange.
OMO Open Market Operations.
OTP One Time Password.
PGS Payment Gateway System.
RBI Reserve Bank Of India.
RBS Royal Bank of Scotland.
RRB Regional Rural Bank.
RTGS Real Time Gross Settlement System.
SCB Scheduled Commercial Bank.
SCC Selective Credit Control.
SEPA Single Euro Payment Area.
SEBI Security Exchange Board Of India.
SHGs Self Help Groups.
SIDBI Small Industries and Development Bank of India.
SLR Statutory Liquidity Ratio.
SPNS Shared Payment Network System.
SWIFT Society For World Wide Inter Bank Financial Telecommunication.
ULIP Unit Linked Insurance Plan.
UCB Urban Cooperative Bank.
UEBA Universal Electronic Bank Account.
UIDAI Unique Identification Authority of India.
ULIP Unit Linked Insurance Policies.
UPIN Unique Property Identification Numbers.
USB Ultra Small Branch.
USD United States Dollar.
VDBS Vertically Differentiated Banking System.
WBCIS Weather Based Crop Insurance Scheme.
WL ATM White Label ATM.
WPFI World Press Freedom Index.
WPI Wholesale Price Index.