Sunday, December 13, 2015

Important Abbreviation Part-1 For IBPS Clerk Main Exam 2015-16

ADB ----------------------- Asian Development Bank
ADR ----------------------- American Deposit Reciepts
AML ----------------------- Anti Money Laundering
ANBC ----------------------- Adjusted Net Bank Credit
ATM ----------------------- Automated Teller Machine
BCSBI ----------------------- Banking Codes and Standards Board of India
BPLR ----------------------- Bench Mark Prime Lending Rate
CAR ----------------------- Capital Adequacy Ratio
CBLO ----------------------- Collatarised Borrowing and Lending Obligations
CBS ----------------------- Core Banking Solutions (Centralized Banking Solutions)
CD ----------------------- Certificate of Deposit
CD Ratio ----------------------- Credit Deposit Ratio
CDR ----------------------- Corporate Debt Restructuring
CIBIL ----------------------- Credit Information Bureau of India Limited
CCIL ----------------------- Clearing Corporation of India Limited
COPRA ----------------------- Consumer Protection Act
CP ----------------------- Commercial Paper
CRAR ----------------------- Capital to Risk Weighed Assets Ratio
CRR ----------------------- Cash Reserve Ratio
DGFT ----------------------- Director General of Foreign Trade
DICGC ----------------------- Deposit Insurance and Credit Guarantee Corporation
DRI ----------------------- Differential Rate of Interest
DRT ----------------------- Debt Recovery Tribunal
DSCR ----------------------- Debt Service Coverage Ratio
ECGC ----------------------- Exports Credit Guarantee Corporation
ECS ----------------------- Electronic Clearing Service
EEFC ----------------------- Exchange Earner's Foreign Currency Account
EFT ----------------------- Electronic Fund Transfer
EPF ----------------------- Employee Provident Fund
EXIM Bank ----------------------- Exports and Imports Bank of India
FCNR ----------------------- Foreign Currency Non-Resident Account
FEMA ----------------------- Foreign Exchange Management Act
GCC ----------------------- General Credit Card
GDR ----------------------- Global Depository Receipts
IBA ----------------------- Indian Banks Association
IDRBT ----------------------- Institute for Development and Research in Banking Technology
IMF ----------------------- International Monetary Fund
IRAC Norms ----------------------- Income Recognition and Assets Classification Norms
KCC ----------------------- Kisan Credit Card
KYC ----------------------- Know Your Customer