Important Abbreviations of Banking Term Set-1

June 17, 2014

#Banking Terms - Full Form and #Abbreviation of Banking Terminology- #Ibps Po exam- Mostly used terms in banking List of banking terms- mostly used words in daily banking- full forms and abbreviations of banking terminology. Know more about banking 

MICR- Magnetic Ink Character Recognition

RTGS - Real Time Gross Settlement

NEFT :- National Electronic Fund Transfer

PIN-- Personal Identification Number

RBI- Reserve Bank of India

CRR - Cash Reserve Ratio 

SLR - Statutory Liquidity Ratio

FD- Fixed Deposit

SHG - Self Help Group

HUF - Hindu Undivided Family

MIS- Management Information System

SME- Small And Medium Enterprises

KYC - Know Your Customer

NSDL - National Securities Depositories Limited

ICICI - Industrial Credit And Investment Corporation

IDBI- Industrial Development Bank of India

GDP- Gross Domestic Product

GNP- Gross National Product

WPI- Whole Sale Price Index 

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