Important Banking abbreviations(IBPS)

Write the Full Forms of the following:-

1.       NABARD- National Bank for Agricultural & Rural Development

2.       RTGS- Real Time Gross Settlement

3.       NEFT- National Electronic Fund Transfer

4.       NAV- Net Asset Value

5.       NPA- Non Performing Asset

6.       ASBA- Account Supported by Blocked Amount

7.       BIFR- Board for Industrial and Financial Reconstruction

8.       CAMELS- Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems & Controls

9.       BCSBI- Banking Codes & Standard Board of India

10.    BIS – Bank for International Settlement

11.    BCBS – Basel Committee on Banking Supervision

12.    BOP- Balance of Payment

13.    BOT- Balance of Trade

14.    BPLR – Benchmark Prime Lending Rate

15.    CCIL – Clearing Corporation of India Ltd.

16.    CIBIL- Credit Information Bureau of India Ltd.

17.    CRISIL- Credit Rating Information Services of India Ltd.

18.    CBLO- Collateralised Borrowing & Lending Obligation

19.    CPI- Consumer Price Index

20.    ADR – American Depository Receipts

21.    GDR – Global Depository Receipts

22.    ALM- Asset Liability Management

23.    ARC – Asset Reconstruction Companies

24.    FINO- Financial Inclusion Network Operation

25.    CTT- Commodities Transaction Tax

26.    CRM- Customer Relationship Management

27.    KYC-Know Your Customer

28.    SLR-Statutory Liquidity Ratio

29.    CRR-Cash Reserve Ratio

30.    MSF-Marginal Standing Facility

31.    REPO-Repurchase Option

32.    NBFC-Non Banking Finance Companies

33.    OSMOS- Off-Site Monitoring & Surveillance

34.    IFSC- Indian Financial System Code

35.    BSE-Bombay Stock Exchange

36.    NSE-National Stock Exchange

37.    SWIFT- Society for Worldwide Interbank Financial Telecommunication

38.    FSLRC – Financial Sector Legislative Reforms Commission

39.    LAF – Liquidity Adjustment Facility

40.    DRT – Debt Recovery Tribunals