IMPORTANT BANKING ABBREVIATIONS

1. NABARD – National Bank for
Agricultural & Rural Development

2. RTGS – Real Time Gross Settlement

3. NEFT – National Electronic Fund
Transfer

4. NAV – Net Asset Value

5. NPA – Non Performing Asset

6. ASBA – Account Supported by Blocked Amount

7. BIFR – Board for Industrial and
Financial Reconstruction

8. CAMELS – Capital Adequacy, Asset
Quality, Management Earnings, Liquidity, Systems & Controls

9. BCSBI – Banking Codes & Standard Board of India

10. BIS – Bank for International
Settlement

11. BCBS – Basel Committee on Banking Supervision

12. BOP – Balance of Payment

13. BOT – Balance of Trade

14. BPLR – Benchmark Prime Lending Rate

15. CCIL – Clearing Corporation of India Ltd.

16. CIBIL – Credit Information Bureau of India Ltd.

17. CRISIL – Credit Rating Information
Services of India Ltd.

18. CBLO – Collateralised Borrowing &
Lending Obligation

19. CPI – Consumer Price Index

20. ADR – American Depository Receipts

21. GDR – Global Depository Receipts

22. ALM – Asset Liability Management

23. ARC – Asset Reconstruction
Companies

24. FINO – Financial Inclusion Network
Operation

25. CTT – Commodities Transaction Tax

26. CRM – Customer Relationship
Management

27. KYC – Know Your Customer

28. SLR – Statutory Liquidity Ratio

29. CRR – Cash Reserve Ratio

30. MSF – Marginal Standing Facility

31. REPO – Repurchase Option

32. NBFC – Non Banking Finance
Companies

33. OSMOS – Off-Site Monitoring & Surveillance

34. IFSC – Indian Financial System Code

35. BSE – Bombay Stock Exchange

36. NSE – National Stock Exchange

37. SWIFT – Society for Worldwide
Interbank Financial Tele communication

38. FSLRC – Financial Sector Legislative
Reforms Commission

39. LAF – Liquidity Adjustment Facility

40. DRT – Debt Recovery Tribunals.