Some Important Banking Abbreviation II

1. IDBI – Industrial Development Bank of India
2. BCSBI – Banking Codes and Standards Board of India
3. IRDA – Insurance Regulatory Development Authority
4. DICGC – Deposit Insurance and Credit Guarantee Corporation
5. SPV – Special Purpose Vehicle
6. CRISIL – Credit Rating Information Services of India Limited
7. ICRA – Investment Information and Credit Rating Agency of India Limited
8. CARE – Credit Analysis and Research Limited
9. MCX – Multi Commodity Exchange
10. EFT – Electronic Funds Transfer
11. CRAR – Capital to Risk Assets Ratio
12. FSDC – Financial Stability and Development Council
13. ISCI – International Standard Industrial Classification
14. KVIC – Khadi and Village Industries Corporation
15. LAMPS – Large Sized Adivasi Multipurpose societies
16. LERMS – Liberalised Exchange Rate Management System
17. MCA – Ministry of Company affairs
18. MIS – Management Information System
19. OLTAS – Online tax accounting system
20. PACS – Primary Agricultural Credit Societies
21. PDO – Public Debt Office
22. REC – Rural Electrification Corporation
23. RFC – Resident Foreign Currency
24. SFMS - Structured Financial Messaging Services
25. SSSBE – Small Scale Service and Business Enterprises
26. YTM – Yield to maturity
27. ANBC – Adjusted Net Bank Credit
28. CBLO – Collateralised Bank Lending Obligations
29. DPG – Deferred Payment Guarantee
30. DPN – Demand Promissory Note
31. DRAT – Debt Recovery Appellate tribunal
32. DRI – Differential Rate of Interest
33. DSCR – Debt Service Coverage Ratio
34. EDI – Electronic Data Interchange
35. ESOP – Employee Stock Options
36. FEDAI – Foreign Exchange Dealers Association of India
37. FFMC – Full Fledged Money Changers
38. FOB – Free on BoardOCB – Overseas Corporate Bodies
39. POA – Power of Attorney
40. RKBY – Rashtriya Krishi Bima Yojana
41. CCIL – Clearing Corporation of India Limited
42. OTCEI – Over the Counter Exchange of India
43. ARF – Asset Reconstruction Fund
44. MSS – Market Stabilisation Scheme
45. SCARDB – State Cooperative Agriculture and Rural Development Banks
46. LERMS – Liberalised Exchange Rate Management System
47. BOT – Balance of Trade
48. CAC – Capital account convertibility
49. NDS – Negotiated Dealing System