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- LAB ----------------------- Local Area Bank
- LC ----------------------- Letter of Credit
- LOC ----------------------- Letter Of Comfort
- Dont confuse between LC and LOC
- M-Banking ----------------------- MObile Banking
- NABARD ----------------------- National Bank for Agriculture and Rural Development
- NBFC ----------------------- Non-Banking Finance Company
- NDS ----------------------- Negotiated Dealings System
- NEFT ----------------------- National Electronic Fund Transfer
- NHB ----------------------- National Housing Bank
- NI Act ----------------------- Negotiable Instrument Act
- NPA ----------------------- Non-Performing Assets
- NRE a/c ----------------------- Non-Resident External Account
- NRI ----------------------- Non-Resident Indian
- NWC ----------------------- Networking Capital
- OBU ----------------------- Off-Shore Banking Units
- PAN ----------------------- Permanent Account Number
- PLR ----------------------- Prime Lending Rate
- PMEGP ----------------------- Prime Minister's Employment Generation Programme
- PMRY ----------------------- Prime Minister's Rozgar Yojana
- PSA ----------------------- Priority Sector Advances
- QIB ----------------------- Qualified Institutional Buyers
- REPO ----------------------- Re-Purchase Option
- RIDF ----------------------- Rural Infrastructure Development Fund
- RTGS ----------------------- Real Time Gross Settlement
- RTI Act ----------------------- Right To Information Act
- SARFAESI Act ----------------------- Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
- SCB ----------------------- Scheduled Commercial Banks
- SEBI ----------------------- Securities and Exchange Board of India
- SGL ----------------------- Subsidary General Ledger
- SHG ----------------------- Self Help Groups
- SIDBI ----------------------- Small Industries Development Bank of India
- SLR ----------------------- Statutory Liquidity Ratio
- SME ----------------------- Small and Medium Enterprises
- SWIFT ----------------------- Society for World wide Inter Bank Fund Transfer
- TDS ----------------------- Tax Deducted at Source
- UCPDC - 600 ----------------------- Uniform Customers and Practices on Documentary Credits
- YTM ----------------------- Yield To Maturity
sebi abbravation is wrong..ans is stock exchange board of india
ReplyDeletewell its Securities and Exchange Board of India Janu Panghaguntla
DeleteBOTH THE MEANING OF SEBI IS RIGHT................
Deleteyes its securites exchange
ReplyDeleteSDR - Special Drawing Rights
ReplyDeleteNEFT - National Electronic Fund Transfer
RTGS - Real Time Gross Sattlement
SAFTA - South Asian Free Trade Area
FTA - Free Trade Area
FTZ - Free Trade Zone
Thank you so much for teh updates Deepake Joshi. Good Day :)
DeleteGATT - General Agreement on Tariffs & Trade
ReplyDeleteGAAR - General Anti-Avoidence Rule (Parth Sarthi Some)
TIEA - Tax Information Exchange Agreement
BR ACT - Banking Regulation Act
DTAA - Double Tax Aviodence Agreement
VAT - Value Added Tax
VAS - Value Added Services
GM - Genetically Modify
Dr. A/c - Debit Account
Cr. A/c - Credit Account
SEZ - Special Economic Zone
GDP - Gross Domestic Product
ICBM - Inter-Continental Blastic Missile
CTS - Cheque Trunction System
swift - society for world wide interbank financial telecommunication
ReplyDeleteswift- society for world wide interbank financial telecommunication
ReplyDeleteMam tell us about yojnas
ReplyDelete