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