Tuesday, September 24, 2013

Important acronyms for Banking & Finance terms (A—C)


ADRs— American Depository Receipts
AFS— Available for Sale
ANBC— Adjusted Net Bank Credit
ARC— Agricultural Refinance Corporation
ARDC— Agricultural Refinance and Development Corporation
ATM— Automated Teller Machine
BC —Business Correspondent
BCSBI Banking Codes and Standards Board of India
BF— Business Facilitator
BFS —Board for Financial Supervision
BIS —Bank for International Settlements
BO Banking Ombudsman
BoP— Balance of Payments
BPSS—Board for Regulation and Supervision of Payment and Settlement Systems
BRBNMPL —Bharatiya Reserve Bank Note Mudran Private Limited
BSR —Basic Statistical Returns
CAC— Current Account Convertibility
CAMELS —Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems and Control
CAS—— Central Accounts Section
CBS— Core Banking Solution
CCIL— Clearing Corporation of India Limited
CCP— Central Counter Party
CDSL— Central Depository Services Ltd
CE of OBE— Credit Equivalent of Off-Balance Sheet Exposures
CFMS— Centralised Funds Management System
CFSP— Committee on Financial Sector Plan
CMB— Cash Management Bill
CPPAPS —Committee on Procedures and Performance Audit on Public Services
CRAR— Capital to Risk-Weighted Assets Ratio
CRR— Cash Reserve Ratio
CSD— Customer Service Department
CSF— Consolidated Sinking Fund
CTS— Cheque Truncation System