BANKING ABBREVIATIONS

1. PSBs: PUBLIC SECTOR BANKS
2. SNBCs: SCHEDULE NON COMMERCIAL BANKS
3. SENSEX: SENSITIVE INDEX OF STOCK EXCHANGE
4. GNP: GROSS NATIONAL PRODUCT
5. KYC: KNOW YOUR CUSTOMER
6. RTGS: REAL TIME GROSS SETTLEMENT
7. NEFT: NATIONAL ELECTRONIC MONEY TRANSFER
8. EFT: ELECTRONIC FUND TRANSFER
9. CBS: CORE BANKING SOLUTIONS
10. LIBOR: LONDON INTERBANK OFFERED RATE
11. MIBOR: MUMBAI INTERBANK OFFERED RATE
12. MIBID: MUMBAI INTERBANK BID RATE
13. SARFAESI: SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST
14. CAMELS: CAPITAL ADEQUECY RATIO, ASSET QUALITY, MANAGEMENT OF EFFECTIVENESS, EARNING OF PROFITABILITY, LIQUIDITY, SYSTEM AND CONTROLS
15. CAR: CAPITAL ADEQUECY RATIO
16. FIIs: FOREIGN INSTITUTIONAL INVESTMENTS
17. FDI: FOREIGN DIRECT INVESTMENT
18. IPO: INITIAL PUBLIC OFFERING
19. MICR: MAGNETIC INK CHARACTER READER
20. BIRD: BANKERS INSTITUTE OF RURAL DEVELOPMENT
21. IBA: INDIAN BANK ASSOCIATION
22. BPLR: BENCHMARK PRIME LENDING RATE
23. ICICI: INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA
24. HDFC: HOUSING DEVELOPMENT FINANCE CORPORATION
25. IRDA: INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY
26. SWOT: STRENGETH, WEEKNESSES, OPPORTUNITIES AND THREATS
27. SWIFT: SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION
28. FERA: FOREIGN EXCHANGE REGULATORY ACT
29. FEMA: FOREIGN EXCHANGE MANAGEMENT ACT
30. CASA: CURRENT AND SAVING ACCOUNT
31. NDTL: NET DEMAND & TIME LIABILITIES
32. NASDAQ: NATIONAL ASSOCIATION FOR SECURITIES DEALERS AUTOMATED QUOTATIONS
33. CIBIL: CREDIT INFORMATION BUREAU OF INDIA LIMITED
34. NAV: NET ASSET VALUE
35. ICRA: INDIAN CREDIT RATING AGENC