very Important Abbreviations for Upcoming exam

Abbreviations 

1. • KCC – Kisan Credit Card
2. • KVIC – Khadi and Village Industries Corporation
3. • KYC – Know your customer
4. • LAMPS – Large Sized Adivasi Multipurpose societies
5. • LERMS – Liberalised Exchange Rate Management System
6. • LIC – Life Insurance Corporation of India
7. • MCA – Ministry of Company affairs
8. • MIS – Management Information System
9. • MICR – Magnetic Ink Character Recognition
10. • NABARD – National Bank for Agriculture and Rural Development
11. • NBFC – Non Banking Finance Companies
12. • NEFT – National Electronic Funds Transfer
13. • NPA – Non Performing assets
14. • NRE – Non Resident External account
15. • NRI – Non Resident Indian
16. • NSE – National Stock Exchange
17. • OLTAS – Online tax accounting system
18. • OMO – Open market operations
19. • PACS – Primary Agricultural Credit Societies
20. • PDO – Public Debt Office
21. • PIN – Personal Identification Number
22. • QIB – Qualified Institutional Buyers
23. • RBI – Reserve Bank of India
24. • RDBMS – Relational Database Management System
25. • REC – Rural ElectrificationCorporation
26. • RFC – Resident Foreign Currency
27. • RIDF – Rural Infrastructure Development Fund
28. • RRB – Regional Rural Bank
29. • RTGS – Real Time Gross Settlement
30. • RWA – Risk Weighted Assets
31. • SBI – State Bank of India
32. • SCB – Scheduled Commercial Bank
33. • SDR – Special Drawing Rights
34. • SEBI – Securities and Exchange Board of India
35. • SFMS - Structured Financial Messaging Services
36. • SHG – Self Help Group
37. • SIDBI – Small Industries Development Bank of India
38. • SIDC – State Industrial Development Corporation
39. • SJSRY –Swarna Jayanthi Shahari Rozgar Yojana
40. • SLR – Statutory Liquidity Ratio
41. • SLRS – Scheme for Liberation and Rehabilitation of Scavangers
42. • SMERA – SME rating agency of India Limited
43. • SSI – Small Scale Industries
44. • SME – Small and Medium Enterprises
45. • SSSBE – Small Scale Service and Business Enterprises
46. • UTI – Unit Trust of India
47. • WPI – Wholesale Price Index
48. • YTM – Yield to maturity
49. • LAB – Local Area Banks
50. • ALM – Asset Liability Management
51. • ANBC – Adjusted Net Bank Credit
52. • ASBA – Applications supported Bank accounts
53. • BOE – Bill of Exchange
54. • CASA – Current and savings accounts
55. • CBLO – Collateralised Bank Lending Obligations
56. • CIBIL – Credit Information Bureau of India Limited
57. • DPG – Deferred Payment Guarantee
58. • DPN – Demand Promissory Note
59. • DRAT – Debt Recovery Appellate tribunal
60. • DRI – Differential Rate of Interest
61. • DSCR – Debt Service Coverage Ratio
62. • EDI – Electronic Data Interchange
63. • EMI – Equated Monthly Instalments
64. • EPS – Earnings Per Share
65. • ESOP – Employee Stock Options
66. • FEDAI – Foreign Exchange Dealers Association of India
67. • FFMC – Full Fledged Money Changers
68. • FOB – Free on Board
69. • LIBOR – London Inter Bank Operations Rate