Essential Banking Abbreviations Part - 6

 


● ECB- External Commercial Borrowing

● ECS - Electronic Clearing Service


● EEFC - Exchange Earner's Foreign Currency


● EFSF - European Financial Stability Facility


● EFTPOS - Electronic funds transfer at point of sale


● EFT - Electronic Fund Transfer


● ELSS - Equity Linked Saving Scheme


● EPS - Earnings per Share


● EPOS - Electronic Point Of Sale


● ED - Enforcement Directorate


● EMI - Equated Monthly Instalment


● EXIM Bank - Export-Import Bank of India


● ETF - Exchange Traded Fund


● FRBM - Fiscal Responsibility and Budget Management


● FII - Foreign Institutional Investor


● FCNRA - Foreign Currency Non- Resident account


● FEMA - Foreign Exchange Management Act


● FCA - Foreign Currency Assets


● FCD - Fully Convertible Debentures


● FCNRA - Foreign Currency Non-Resident Account


● FD - Fixed Deposit


● FIMMDA - Fixed Income Money Market and Derivatives Association of India


● FRNs - Floating Rate Notes


● FSS - Financial Software Systems


● FPI - Foreign Portfolio Investment


● FRN - Floating Rate Note


● FINO - Financial Inclusion Network and Operation Limited


● GAAR - General anti-avoidance rule


● GDR - Global Depository Receipt


● GDP - Gross Domestic Product


● GDCF - Gross Domestic Capital Formation


● GSTPA - Global Straight Through Processing Association


● GIRO - Government Internal Revenue Order


● GNFV - Gross Negative Fair Value


● GST - Goods and Services Tax


● HCE - Host Card Emulation


● IBBI - Insolvency and Bankruptcy Board of India


● ICAAP - Internal Capital Adequacy Assessment Process


● IDF - Infrastructure Debt Fund


● IDR - Indian Depository Receipts


● IDRBT - Institute for Development and Research Of Banking


● IPSS - Integrated Payment and Settlement System


● IRE - Internal Rating Based


● IFSC - Indian Financial System Code


● IMPS - Immediate Payment Service


● IMPS - Interbank Mobile Payment Service


● IPO - Initial Public Offering


● IRDA - Insurance Regulatory and Development Authority of India


● IRR - Internal Rate Of Return


● KCC - Kisan Credit Card


● KYC - Know Your Customer 


● KVP - Kisan Vikas Patra


● LAF - Liquidity Adjustment Facility


● LIBOR - London Inter-Bank Offered Rate


● LGD - Loss Given Default


● LBS - Lead Bank Scheme


● LETS - Local Exchange Trading Systems


● LOC - Lines of Credit


● LTF - Long-Term Finance


● MCLR - Marginal cost of fund based lending rate


● MTN - Medium Term Note


● MUDRA - Micro Units Development And Refinance Agency


● MMID - Mobile Money Identifier


● MPIN - Mobile Personal Identification Number


● MFI - Micro Finance Institutions


● MFDC - Micro Finance Development Council


● MSF - Marginal Standing Facility


● MIBOR - Mumbai Inter Bank Offered Rate


● MICR - Magnetic Ink Character Recognition


● MBFC - Mutual Benefit Financial Company


● MPBF - Maximum Permissible Bank Finance


● MRD - Market Regnlation Department


● MSS - Market Stabilisation Scheme