banking terms full forms and abbreviations for IBPS PO IBPS Clerk SBI SSC and other competitive examinations at prepskool

Full Forms of Banking And Financial Terms For Banking

Preparing Full Forms of Banking and financial terms is beneficial are asked in various banking examinations as well as in other examinations.

What does 'G' symbolizes in DICGC?

DICGC stands for Deposit Insurance and Credit Guarantee Corporation of India that guarantees that the amount kept by you with a bank is safe and insured. However, the maximum insurance provided by DICGC is upto 1 lac rupees only.

What does the alphabet 'D' refers to in CDR?

Corporate Debt Restructuring (CDR) is the reorganization of a company's outstanding obligations, often achieved by reducing the burden of the debts on the company by decreasing the rates that are to be paid and increasing the time in which the company has to pay the obligation back.

What is the full form of ALM?

ALM stands for Asset Liability Management. ALM is defined as a mechanism to address the risk faced by a bank due to a mismatch between their assets and liabilities either due to liquidity or changes in interest rates.

What is the full form of LAF?

Liquidity Adjustment Facility (LAF) is a monetary policy tool which allows banks to borrow money through repurchase agreements. Repo Rate and Reverse Repo Rate are two tools of LAF.

What doest the character 'B' refers to in SEBI?

SEBI stands for Securities and Exchange Board of India. Established in 1992, SEBI is the regulator of securities market in India.

What is ARCIL?

ARCIL is an asset reconstruction company and stands for Asset Reconstruction Company of India Limited.

What does the character 'C' symbolizes in the CIBIL?

CIBIL- Credit Information Bureau of India Limited

What is the full form of BBB?

BBB- Banks Board Bureau is an autonomous body of Union Government of India formed to improve the governance of Public Sector Banks and their spending in the market.

What is the full form of CRR?

CRR- Cash Reserve Ratio is a certain percentage of the bank's NDTL that has to be kept in the current account with RBI. This percentage could not be used by banks for lending in the market.

What does the alphabet 'S' refers to in SIDBI?

SIDBI- Small Industries Development Bank of India is a financial Institution which works for the development of micro, small and medium enterprises.

What is the full form of RTGS?

RTGS- Real Time Gross Settlement is a payment transfer mechanism where the transfer of money or securities takes place from one bank to another in real time and in a gross manner.

What is the full form of IFSC?

Indian Financial System Code (IFSC) is an 11 digits alphanumeric code that is used to identify the particular branch of a participating bank in either of the popular electronic funds settlement options in India, namely RTGS and NEFT.

What is the full form of HDFC?

Housing Development Finance Corporation (HDFC)

What is the full form of IPO?

Initial Public Offering (IPO) is the first time when a company offers its shares to the public for raising funds.

What does the word MSS stands for in Banking?

Market Stabilization Scheme (MSS) are securities issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity.

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