Thursday, March 16, 2017
280 Full Forms of Banks and Banking Related Terms at BestShoppingSiteList
280 Full Forms of Banks and Banking Related Terms at BestShoppingSiteList
As we all know that, Bank is a financial organization which accepts deposits from the public and lends them for various investment purposes. Development of any country completely depends upon the banking system. In present time, banking sector is the backbone of all modern business.
Some important Features of Bank are Money Dealing, Acceptance of Deposit, Grant of loan and advances, Payment and withdrawal of deposits, Transfer of funds, Portfolio management, Foreign Exchange dealing etc.
I think, most of the people know these basic things about Bank but some very important things perhaps they don’t know are Full Forms of Banks and Banking Related Terms. You can notice, I always like to share all type of useful and important full-forms or shortcuts ways with the readers of BestShoppingSiteList.
ADB: Asian Development Bank ADR: American Depositary Receipt AIDWA: All India Democratic Woman’s Association AITUC: All India Trade Union Congress AMFI: Association of Mutual Funds in India APEC: Asia-Pacific Economic Cooperation APL: Above Poverty Line APM: Administered Pricing Mechanism ARC: Asset Reconstruction Company ARDR: Agricultural and Rural Debt Relief ASBA: Application Supported by Block Amount ASEAN: Association of South-East Asian Nations ASEM: Asia-Europe Meeting ASSOCHAM: Associated Chambers of Commerce and Industry ATM: Automatic Teller Machine BIFR: Board of Industrial and Financial Reconstruction BCBS: Basel committee for Banking Supervision BCSBI: Banking Codes and Standards Board of India BIS: Bureau of Indian Standards BOLT: BSE On-Line Trading (System) BOT: Build, Operate and Transfer BPL: Below Poverty Line BPO: Business Process Outsourcing BSE: Bombay Stock Exchange CA: Chartered Accountant CABE: Central Advisory Board of Education CACP: Commission of Agriculture Cost and Price C & AG: Comptroller & Auditor General CAMELS: C - Capital adequacy, A - Asset quality, M - Management quality, E – Earnings, L – Liquidity, S - Sensitivity to Market Risk CAPART: Council for People’s Action and Advancement of Rural Technology CAR: Capital adequacy ratio CARE: Credit Analysis & Research Ltd. CBS: Core banking solution CCI: Competition Commission of India CCIL: Clearing Corporation of India limited CDSL: Central Securities Depository Limited CECA: Comprehensive Economic Cooperation Agreement CEPA: Comprehensive Economic Partnership Agreement CIBIL: Credit Information Bureau (India) Ltd CII: Confederation of Indian Industry CIS: Commonwealth of Independent States CHOGM: Commonwealth Heads of Government Meeting CITES: Convention on International Trade in Endangered Species CITU: Centre Of Indian Trade Unions CMP: Common Minimum Program CPI (UNME): The Consumer Price Index for Urban Non-Manual Employees. CPI (AL): Consumer Price Index for Agricultural Labors. CPI (IW): Consumer Price Index for Industrial Workers CPI (RL): Consumer Price Index for Rural Labourers CRAR: Capital to Risk (Weighted) Assets Ratio CRISIL: Credit Rating Information Services of India Limited CRR: Cash Reserve Ratio CSIR: Council of Scientific and Industrial Research CST: Central Sales Tax CTT: Commodities Transaction Tax DA: Dearness Allowance; Daily Allowance DMIC: Delhi-Mumbai Industrial Corridor DPEP: District Primary Education Program ECA: Essential Commodity Act ECB: External Commercial Borrowings ECS: Electronic clearing system EDUSAT: Education Satellite EEE: Exempt Exempt Exempt EET: Exempt Exempt Taxation EFA: Education for All EFT: Electronic fund transfer EEFC Accounts: Exchange Earners Foreign Currency Account EGOM: Empowered Group of Ministers EMI: Equated Monthly Installment EMS: European Monetary System ERNET: Educational and Research Network ESA: European Space Agency ESCAP: Economic and Social Commission for Asia and Pacify ESMA: Essential Services Maintenance Act ESOP: Employee Stock Option Program EU: European Union FAO: Food and Agriculture Organization FCCB: Foreign Currency Convertible Bond FCNR: Foreign Currency (Non-Resident) Accounts Scheme EPF: Employees Provident Fund EPFO: Employees Provident Fund Organization FDI: Foreign Direct Investment FEMA: Foreign Exchange Management Act FERA: Foreign Exchange Regulations Act FICCI: Federation of Indian Chambers Of Commerce
Some important Features of Bank are Money Dealing, Acceptance of Deposit, Grant of loan and advances, Payment and withdrawal of deposits, Transfer of funds, Portfolio management, Foreign Exchange dealing etc.
I think, most of the people know these basic things about Bank but some very important things perhaps they don’t know are Full Forms of Banks and Banking Related Terms. You can notice, I always like to share all type of useful and important full-forms or shortcuts ways with the readers of BestShoppingSiteList.
Full Form of the Indian Banks:
SBI - State Bank of India.
PNB - Punjab National Bank.
UCO - United Commercial Bank.
IDBI - The Industrial Development Bank of India.
ICICI - Industrial Credit and Investment Corporation of India.
HDFC - Housing Development Finance Corporation.
HSBC - Hong Kong and Shanghai Banking Corporation.
DBS Bank Lt - The Development Bank of Singapore Limited.
Full Forms for Banking Related Terms:
Available link for download