BANKING TERMS - ABBREVIATIONS

BANKING TERMS - ABBREVIATIONS

01. ISCI – International Standard Industrial Classification
02. KCC – Kisan Credit Card
03. KVIC – Khadi and Village Industries Corporation
04. KYC – Know your customer
05. LAMPS – Large Sized Adivasi Multipurpose societies
06. LERMS – Liberalised Exchange Rate Management
System
07. LIC – Life Insurance Corporation of India
08. MCA – Ministry of Company affairs
09. MIS – Management Information System
10. MICR – Magnetic Ink Character Recognition
11. NABARD – National Bank for Agriculture and Rural
Development
12. NBFC – Non Banking Finance Companies
13. NEFT – National Electronic Funds Transfer
14. NPA – Non Performing assets
15. NRE – Non Resident External account
16. NRI – Non Resident Indian
17. NSE – National Stock Exchange
18. OLTAS – Online tax accounting system
19. OMO – Open market operations
20. PACS – Primary Agricultural Credit Societies
21. PDO – Public Debt Office
22. PIN – Personal Identification Number
23. QIB – Qualified Institutional Buyers
24. RBI – Reserve Bank of India
25. RDBMS – Relational Database Management System
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