Friday, November 15, 2013

General Banking Knowledge and Fullforms like GST, ECS, ULIP, NPA etc...







CASA : Current Account Saving Account


RAFA : Recurring Account Fix Account


CVC : Central Vigilance Commission



CAG : Comptroller Auditor General



PAC : Public Account Committee



BRA : Banking Regulation Act



BA : Indian Banking Association



GST : Goods and Service Tax



CPI : Consumer Price Index



WPI : Wholesale Price Index



CRAR : Capital to Risk weighted Assets Ratio



CAR : Capital Adequacy Ratio



START :Strategic Armed Reduction Treaty



DTAA :Double Taxation Avoidance Agreement



DTC : Direct Tax Code



CCEA : Cabinet Committee on Economic Affairs



ALM :Asset Liability Management



FSC : Indian Financial System Code



FTA : Free Trade Organization



NAFTA :North Atlantic Free Trade Agreement



GDR :Global Depositary Receipt



FPO :Followan Public Offering



IPO : Initial Public Offering



FDI : Foreign Direct Investment



FII : Foreign Institutional Investors



SDR : Special Drawing Rights



IDR :Indian Depositary Receipt



ADR :American Depositary Receipt



CNG :Compressed Natural Gas



LNG :Liquefied Natural Gas



LPG : Liquid Petroleum Gas



CDR : Cash Deposit Restructuring



ECB : External Commercial Borrowing



CBS :CORE Banking Solution



ECS : Electronic Clearing System



EFT : Electronic Fund Transfer



NEFT : National Electronic Fund Transfer



RTGS : Real Time Gross Settlement



ULIP : Unit Link Insurance Plan



NAV : Nat Asset Value



LAF : Liquidity Adjustment Facility



PAN : Permanent Account Number



KYC : Know Your Customer



NPA : Non Performing Assets


SAFTA : South Asean Free Trade Agreement

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