Sunday, 25 September 2016

IMPORTANT BANKING ABBREVATIONS

1.NBFC-Non Banking Finance Company


2.LTV-Loan to Value 

3.IPO-Initial public offering

4.TDS-Tax Deducted at source

5.FEMA-Foreign exchange Management Act 

6.NAV-Net Asset value

7.FRBM-Fiscal Responsibitity & Budget Management 

8.ARC- Asset Reconstruction Company 

9.UFCE-Unhedged Foreign Currency Exposure Clatifications

10.FSDC-Financial Stability and Development Council

11.CRA -Contigency Reserve Agreement

12.NOF-Net Owned Fund

13. FDI-Foreign Direct Investment

14.FII-Foreign Initial Investment

15.FIPB-Foreign Investment Promotion Board.



16.PDA-Personal Digital Assistant

17.ABA-American Bankers Association

18.FRBS-Federal Reserve Banking Systems

19.EBT- Electronic Benefit Transfer

20.PDMA-Public Debt Management Agency

21.FSAT-Financial sector Appelate Tribunal

22.FDMC-Financial Data Management Centre.

23.CAS- Credit Authorization Scheme

24.CAD-Current Account Deficit

25.RC- Resolution Corporation

26.SWIFT-Society for World Wide Interbank Financial Telecom

27.IFSC-Indian Financial System Code.

28.LIBOR-London Interbank Offered Rate.

29.MIBOR-Mumbai Interbank Offered Rate.

30.NPA-Non Performing Asset