Bank: GK, General Studies and Current Affairs

Abbreviations A

ABS Asset Backed SecuritiesACH Automatic Clearing HouseAACS As Applicable to Cooperative SocietiesAD Authorised DealerADR American Depository ReceiptAEBC American Express Banking CorporationAEBL American Express Bank LimitedAFC Asset Finance CompaniesAFS Available For SaleAICCCA Association of Independent Consumer Credit Counselling AgenciesAIFI All-India Financial InstitutionALD Aggregate Liability to DepositorsALM Asset-Liability ManagementAMC Asset Management CompanyAML Anti-Money LaunderingANBC Adjusted Net Bank ..

Kisan Credit Card Scheme

The aim of Kisan Credit Card Scheme (KCC) is to provide adequate and timely support from the banking system to the farmers for their short-term credit needs during their cultivation for purchase of inputs etc., during the cropping season. Credit card scheme proposed to introduce flexibility to the system and improve cost efficiency. Memorable Points:1. ..

Abbreviations N

NABARD National Bank for Agriculture and Rural DevelopmentNAV Net Asset ValueNBC Net Bank CreditNBFC Non-Banking Financial CompanyNBFC-ND Non-Deposit taking Non-Banking Financial CompanyNBFC-ND-SI Systemically Important Non-Deposit taking Non-Banking Financial CompanyNBFI Non-Banking Financial InstitutionsNBV Net Book ValueNCAF New Capital Adequacy FrameworkNCEUS National Commission for Enterprises in Unorganised SectorNCR National Capital RegionNDC No Due CertificateNDS Negotiated Dealing SystemNDS-OM ..

Business & Economy

testing tags………..Banking , Investment & Capital Markets Business & Industrial Policy of India India’s International Business Reports, Datas, Lists, Statistics IT Business Updates