Important Banking Terms – and their Abbreviations:

1. AMFI Association of Mutual Fund in India.
2. BSBDA Basic Savings Bank Deposit Account.
3. FCNRB Foreign Currency Non-Resident Bank
4. ITEs Intra-Group Transactions and Exposures
5. LCR Liquidity Coverage Ratio
6. NSFR Net Stable Funding Ratio
7. LRMT Liquidity risk monitoring tools
8. CBS Core Banking Solution
9. ALM Asset Liability Management
10. CRAR Capital to Risk-weighted Assets Ratio
11. ECB External Commercial Borrowings
12. SWIFT Society for Worldwide Interbank Financial Telecommunication
13. FSLRC Financial Sector Legislative Reforms Commission
14. MIBOR Mumbai Inter-Bank Offer Rate
15. LIBOR London Inter-Bank Offer Rate
16. LAF Liquidity Adjustment Facility
17. GIRO Government Internal Revenue Order
18. EEFC Exchange Earner’s Foreign Currency
19. FRBMA Fiscal Responsibility and Budget Management Act
20. DEAF Depositor Education and Awareness Fund
21. TARC Tax Administration Reform Commission
22. TIEA Tax Information exchange Agreement
23. CAR Cash Adequacy Ratio
24. CCEA Cabinet Committee on Economic Affairs
25. CECA Comprehensive Economic Cooperation Agreement
26. CEPA Comprehensive Economic Partnership Agreement
27. DTAA Double Taxation Avoidance Agreement
28. DTC Direct Tax Code
29. ECBs External Commercial Borrowings
30. EEFC Exchange Earner’s Foreign Currency
31. EFSF European Financial Stability Facility
32. FEMA Foreign Exchange Management Act
33. FII Foreign Institutional Investor.
34. FINO Financial Inclusion Network Operation
35. FIPB Foreign Investment Promotion board
36. FSLRC Financial Sector Legislative Reforms Commission
37. FTA Free trade agreement
38. GAAR General anti avoidance rule
39. GSLV Geo-Synchronous Launch Vehicle
40. MSF Marginal Standing Facility
41. NBFC Non Banking Finance Companies
42. NCTC National Counter-Terrorism Centre
43. NEFT National Electronic Funds Transfer