IMPORTANT BANKING ABBREVIATIONS

1. NABARD - National Bank for Agricultural & Rural Development

2. RTGS - Real Time Gross Settlement

3. NEFT - National Electronic Fund Transfer

4. NAV - Net Asset Value

5. NPA - Non Performing Asset

6. ASBA - Account Supported by Blocked

Amount

7. BIFR - Board for Industrial and Financial Reconstruction

8. CAMELS - Capital Adequacy, Asset Quality, Management Earnings, Liquidity,Systems &

Controls

9. BCSBI - Banking Codes & Standard Board of India

10. BIS – Bank for International Settlement

11. BCBS – Basel Committee on Banking

Supervision

12. BOP - Balance of Payment

13. BOT - Balance of Trade

14. BPLR – Benchmark Prime Lending Rate

15. CCIL – Clearing Corporation of India Ltd.

16. CIBIL - Credit Information Bureau of India

Ltd.

17. CRISIL - Credit Rating Information

Services of India Ltd.

18. CBLO - Collateralised Borrowing &

Lending Obligation

19. CPI - Consumer Price Index

20. ADR – American Depository Receipts

21. GDR – Global Depository Receipts

22. ALM - Asset Liability Management

23. ARC – Asset Reconstruction

Companies

24. FINO - Financial Inclusion Network

Operation

25. CTT - Commodities Transaction Tax

26. CRM - Customer Relationship

Management

27. KYC - Know Your Customer

28. SLR - Statutory Liquidity Ratio

29. CRR - Cash Reserve Ratio

30. MSF - Marginal Standing Facility

31. REPO - Repurchase Option

32. NBFC - Non Banking Finance

Companies

33. OSMOS - Off-Site Monitoring &

Surveillance

34. IFSC - Indian Financial System Code

35. BSE - Bombay Stock Exchange

36. NSE - National Stock Exchange

37. SWIFT - Society for Worldwide

Interbank Financial Tele communication

38. FSLRC – Financial Sector Legislative

Reforms Commission

39. LAF – Liquidity Adjustment Facility

40. DRT – Debt Recovery Tribunals.