Monday, November 24, 2014

Full Forms of Important Banking Terms for competitive Exams

Friends.. Here is the list of important banking terms with their full forms useful for all bank exams.  If anything is missed please comment below, we will add it.

1. LAF – Liquidity Adjustment Facility
2. BSBDA - Basic Savings Bank Deposit Account
3. RTGS - Real Time Gross Settlement
4. SLR-Statutory Liquidity Ratio
5. PPP – Public Private Partnership
6. FCNR(B) - Foreign Currency Non-Resident Bank
7. LCR- Liquidity Coverage Ratio
8. NEFT - National Electronic Funds Transfer
9. NBFC-Non Banking Finance Companies
10. MSF- Marginal Standing Facility
11. NSFR- Net Stable Funding Ratio
12. GAAR - General anti avoidance rule
13. FTA- Free trade agreement
14. LRMT- Liquidity risk monitoring tools
15. CBS- Core Banking Solution
16. FSLRC - Financial Sector Legislative Reforms Commission
17. FIPB – Foreign Investment Promotion board
18. DEAF- Depositor Education and Awareness Fund
19. CRAR- Capital to Risk-weighted Assets Ratio
20. FIPB – Foreign Investment Promotion board
21. FEMA- Foreign Exchange Management Act
22. EEFC - Exchange Earner's Foreign Currency
23. ECBs - External Commercial Borrowings
24. DTC – Direct Tax Code
25. CCEA – Cabinet Committee on Economic Affairs
26. CAR – Cash Adequacy Ratio
27. ALM- Asset Liability Management
28. FSLRC- Financial Sector Legislative Reforms Commission
29. SWIFT- Society for Worldwide Interbank Financial Telecommunication
30. CRAR- Capital to Risk-weighted Assets Ratio

Courtesy : http://www.currentaffairs4examz.com/

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