### SOME IMPORTANT BANKING FACTS AND ABBREVIATIONS ### 1. AADHAAR card denotes β Unique Identity Number 2. PSL β Priority sector lending 3. NBFC β Non Banking Financial Company 4. WPI β Wholesale price Index 5. CPI β Consumer Price Index 6. LAF β Liquidity adjustment facility 7. NDTL β Net Demand and Time Liabilities 8. UCB β Urban Cooperative Bank 9. ECS β Electronic clearing service 10. FSLRC β Financial Sector Legislative Reforms Commission 11. UCIC β Unique Customer Identification Code 12. AML β Anti Money Laundering 13. CFT β Combatting of financial terrorism 14. SME β Small and Medium Enterprises 15. CDR β Corporate Debt Restructuring 16. CDS βCredit Default Swaps 17. IRS β Interest Rate Swaps 18. QE3 βQuantitative Easing 19. FII β Foreign Institutional Investors 20. RRB β Regional Rural Banks 21. PDC β Post Dated Cheques 22. MSE β Micro and Small Enterprises 23. DCCO β Date of commencement of commercial operations 24. CRAR β Capital to Risk weighted assets ratio 25. IBL β Inter bank liability 26. GDS β Gold deposit scheme 27. CAD β Current account deficit 28. ECB β European Central Bank/External commercial Borrowings 29. MFIN β Micro Finance Institutions Network 30. IRDA β Insurance Regulatory Development Authority 31. CRMPG β Counterparty Risk Management Policy Group 32. HTM β Held to maturity 33. SLR β Statutory Liquidity Ratio 34. BC β Business correspondents 35. BF β Business facilitators 36. DSA β Direct selling agents 37. DMA β Direct marketing agents 38. DRA β Debt Recovery agents 39. ELA β Emergency Liquidity assistance 40. BOP β Balance of payments 41. APBS β AADHAAR payment bridge system 42. FDI β Foreign direct investment 43. M3 β Money supply 44. MSF β Marginal standing facility 45. FFA β Forward freight agreements 46. AD β Authorised dealer 47. BIS β Bank for international settlements 48. BR act β Banking Regulation act 49. MCX β Multi commodity exchange 50. PSB β Public sector banks
Posted on: Mon, 01 Sep 2014 03:55:33 +0000
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