December 17, 2012

Banking Abbreviation


NSG----Nuclear Suppliers Group

KCC----Kisan Credit Card

GRDI----Global Retail Development Index

FRBM-----Fiscal Responsibility And Budget Management

MAT-----Minimum Alternate Tax

IFRS------International Financial Reporting Standards

LDC------Least Development Country (Saarc)

LAF----Liquidity Adjustment Facility

CRR---Cash Reserve Ratio

PAN----Permanent Account Number (Income Tax Department)

PIN-----Personal Indentification Number (Atm)

CBS-----Core Banking System

GNP-----Gross National Product

BIFR----Board Of Industrial And Financial Reconstruction

GST----Goods And Services Tax

SHG----Self Help Group

IPO-----Initial Public Offer

NEFT---National Electronic Funds Transfer

NBFC----Non Banking Financial Company

SEZ-----Special Economic Zone

RTGS----Real Time Gross Settlements

TRAI-----Telecom Requlatory Authority Of India

ISO------International Standards Organization

BRACT-----Banking Regulation Act

NDTL------Net Demand And Time Liabilities

FINO-----Financial Investment Network And Operations

PDS------Public Distribution System

RPDS------Revamped Public Distribution System

EFT-----Electric Funds Transfer


MRTP----Monopolies And Restrictive Trade Practices

MFI-----Micro Financial Institution

ALM----Asset Liablilty Management

CDR-----Corporate Debt Restricting

NSDL-----National Securities Depository Limited

CSDL-----Central Securities Depository Limited

PPP-----Purchasing Power Parity

CII-----Conferderation Of India Industry

FDI------Foreign Direct Investment

AAY------Antyodaya Anna Yojana

DEPB------Duty Entitlement Pass Book

TIEA-----Tax Information Exchange Agreement

CDR-----Corporate Debt Restricting

OECD-----Organisation for Economic Co-operation and Development

FATF-----Financial Action Task Force