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. SWOT: STRENGETH, WEEKNESSES, OPPORTUNITIES AND

THREATS

26. SWIFT: SOCIETY FOR WORLDWIDE INTERBANK

FINANCIAL TELECOMMUNICATION

27. FERA: FOREIGN EXCHANGE REGULATORY ACT

28. FEMA: FOREIGN EXCHANGE MANAGEMENT ACT

29. CASA: CURRENT AND SAVING ACCOUNT

30. NDTL: NET DEMAND AND TIME LIABILITIES

31. NASDAQ: NATIONAL ASSOCIATION FOR SECURITIES

DEALERS AUTOMATED QUOTATIONS

32. CRISIL: CREDIT RATING AND INVESTMENT SERVICES

INDIA LIMITED

33. CIBIL: CREDIT INFORMATION BUREAU OF INDIA LIMITED

34. NAV: NET ASSET VALUE

35. ICRA: INDIAN CREDIT RATING AGENCY

36. CARE: CREDIT ANALYSIS AND RESEARCH LIMITED

37. WMAs: WAYS AND MEANS ADVANCES

38. ALM: ASSET LIABILITY MANAGEMENT

39. INFINET INDIAN FINANCIAL NETWORK

40. OLTAS - On-line Tax Accounting System (OLTAS) for Direct

Taxes

41. TIN - Tax Information Network (TIN)

42. IMPS - Interbank Mobile Payment Service (IMPS) or

Immediate Payment Service

43. CDR- Corporate Debt Restructuring

44. CAD- Capital Account Deficit

45. REITs: Real Estate Investment Trusts

46. InvITs: Infrastructure Investment Trusts

47. ALM- Asset Liability Management

48. ASBA: Application Supported by Blocked Amount

49. CBS: Core Banking Solution

50. PIN: Personal Identification Number