Banking Abbreviations – IBPS Clerk, PO & SBI Clerk, PO Banking GK

Banking Abbreviations – IBPS Clerk, PO & SBI Clerk, PO Banking GK
IBPS7 team is publishing banking abbreviations which are important for banking exams. You can check out previous papers of IBPS clerk exams where 3& 4 questions were asked related to this topic. You should be read all banking terms and other short forms for IBPS & SBI exams. You can also download this matter in PDF. You can also visit “Banking GK Power Capsule & previous year papers of clerk.”
 
List 1- for quick study {Read at least 3 times}
        CRR – cash reserve ratio
        SLR – Statutory Liquidity Ratio
        EXIM bank – export and import bank of India
        NABARD – National Bank for Agriculture and Rural development
        SIDBI – small industries development bank of India
        EDP – entrepreneurship development programme
        SMERA – SME rating agency of India Limited
        NBFC – Non banking finance companies
        NEFT – National electronic funds transfer
        RTGS – real time gross settlement
        Narrow banking is a system of banking under which a bank places its funds only in 100 percent risk free assets with maturity matching for its liabilities.
 
        NPA – non performing assets
        CAR means capital adequacy ratio
        KYC means know your customer guidelines
        IPO – Initial public offer
        QIB – qualified institutional buyers
        SEBI – securities and exchange board of India
        MICR – magnetic ink character recognition
        NSE – national stock exchange


        BCSBI – Banking codes and standards board of India
        FEDAI – Foreign exchange dealers association of India
        ALCO – asset liability committee
        ALM – asset liability management
        FCNR – foreign currency non resident deposit accounts
        CDRS – Corporate debt restructuring
        IDRBT – Institute for development and research of banking technology
        YTM – yield to maturity
        IRDA – Insurance Regulatory and Development Authority of India
        ECB External Commercial Borrowing
        ECGC Export Credit and Guarantee Corporation
        ECS Electronic Clearing Scheme

List 2- For Deep Study
 Check out 230 abbreviations for deep study. It is important for banking exams & interviews i.e. IBPS clerk, SBI clerk, IBPS PO, SBI Associate banks PO & clerk. 

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