Some Important Banking Fullforms for Exam

Here I have listed  Some Important Banking Terms and banking fullforms, these terms mostly asked in IBPS Exams and many other exam. So please read it carefully.

1. BSBDA – Basic Savings Bank Deposit Account

2. FCNR(B) – Foreign Currency Non-Resident Bank

3. TARC – Tax Administration Reform Commission

4. ITEs: Intra-Group Transactions and Exposures

5. LCR: Liquidity Coverage Ratio

6. NSFR: Net Stable Funding Ratio

7. LRMT: Liquidity risk monitoring tools

8. CBS: Core Banking Solution

9. DEAF: Depositor Education and Awareness Fund

10. CRAR: Capital to Risk-weighted Assets Ratio

11. External Commercial Borrowings (ECB)

12. SWIFT: Society for Worldwide Interbank Financial Telecommunication

13. FSLRC: Financial Sector Legislative Reforms Commission

14. MIBOR: Mumbai Inter-Bank Offer Rate

15. LIBOR: London Inter-Bank Offer Rate

16. LAF – Liquidity Adjustment Facility

17. GIRO – Government Internal Revenue Order

18. EEFC – Exchange Earner’s Foreign Currency

19. FRBMA: Fiscal Responsibility and Budget Management Act

20. ALM- Asset Liability Management

21. AMFI- Association of Mutual Fund in India.

22. TIEA – Tax Information exchange Agreement

23. CAR – Cash Adequacy Ratio

24. CCEA – Cabinet Committee on Economic Affairs

25. CECA – Comprehensive Economic Cooperation Agreement

26. CEPA – Comprehensive Economic Partnership Agreement

27. DTAA – Double Taxation Avoidance Agreement

28. DTC – Direct Tax Code

29. ECBs – External Commercial Borrowings

30. EEFC – Exchange Earner’s Foreign Currency

31. EFSF – European Financial Stability Facility

32. FEMA- Foreign Exchange Management Act

33. FII – Foreign Institutional Investor.

34. FINO- Financial Inclusion Network Operation

35. FIPB – Foreign Investment Promotion board

36. FSLRC – Financial Sector Legislative Reforms Commission

37. FTA- Free trade agreement

38. GAAR – General anti avoidance rule

39. GSLV – Geo-Synchronous Launch Vehicle

40. MSF-Marginal Standing Facility

41. NBFC-Non Banking Finance Companies

42. NCTC – National Counter-Terrorism Centre

43. NEFT – National Electronic Funds Transfer

44. NSG – Nuclear Suppliers Group

45. PPP – Public Private Partnership & Purchasing Power parity

46. PSLV – Polar Satellite Launch vehicle

47. RTGS – Real Time Gross Settlement

48. SLR-Statutory Liquidity Ratio

49. TAPI – Turkmenistan-Afghanistan-Pakistan-India.

50. QFI -Qualified Foreign Investors