Indian Banking and Indian Schemes Important Abbreviations 2019
Introduction
Static GK is an important section in several exams like IBPS PO, Clerk, SO, LIC, UIC, etc. The article Indian Banking and Indian Schemes Important Abbreviations 2019 presents the list of important Abbreviations of Indian Banking and Indian Schemes for the year 2019 .
KCC – Kisan Credit Card
KVIC – Khadi and Village Industries Corporation
KYC – Know your customer
LAMPS – Large Sized Adivasi Multipurpose societies
LERMS – Liberalised Exchange Rate Management System
LIC – Life Insurance Corporation of India
MCA – Ministry of Company affairs
MIS – Management Information System
MICR – Magnetic Ink Character Recognition
NABARD – National Bank for Agriculture and Rural Development
NBFC – Non Banking Finance Companies
NEFT – National Electronic Funds Transfer
NPA – Non Performing assets
NRE – Non Resident External account
NRI – Non Resident Indian
OLTAS – Online tax accounting system
OMO – Open market operations
PACS – Primary Agricultural Credit Societies
PDO – Public Debt Office
PIN – Personal Identification Number
QIB – Qualified Institutional Buyers
RBI – Reserve Bank of India
RDBMS – Relational Database Management System
REC – Rural ElectrificationCorporation
RFC – Resident Foreign Currency
RIDF – Rural Infrastructure Development Fund
RRB – Regional Rural Bank
RTGS – Real Time Gross Settlement
RWA – Risk Weighted Assets
SCB – Scheduled Commercial Bank
SDR – Special Drawing Rights
SEBI – Securities and Exchange Board of India
SFMS - Structured Financial Messaging Services
SHG – Self Help Group
SIDBI – Small Industries Development Bank of India
SIDC – State Industrial Development Corporation
SJSRY – Swarna Jayanthi Shahari Rozgar Yojana
SLRS – Scheme for Liberation and Rehabilitation of Scavangers
SMERA – SME rating agency of India Limited
SSI – Small Scale Industries
SME – Small and Medium Industries
SSSBE – Small Scale Service and Business Enterprises
UTI – Unit Trust of India
WPI – Wholesale Price Index
YTM – Yield to maturity
LAB – Local Area Banks
ALM – Asset Liability Management
ANBC – Adjusted Net Bank Credit
ASBA – Applications supported Bank accounts
BOE – Bill of Exchange
CASA – Current and savings accounts
CBLO – Collateralised Bank Lending Obligations
CIBIL – Credit Information Bureau of India Limited