Page-61 of Finance Current Affairs, GK & News

Abbreviations B

BC Business Correspondence BCBS Basel Committee on Banking SupervisionBCP Business Continuity Planning ProcessBCP Basel Core PrinciplesBCSBI Banking Codes and Standards Boards of IndiaBF Banking FacilitatorBFS Board for Financial SupervisionBIA Basic Indicator ApproachBIFR Board for Industrial and Financial ReconstructionBIS Bank for International SettlementsBLA Bond Ledger AccountBO Banking OmbudsmanBoP Balance of PaymentsBOS Banking Ombudsman SchemeBPLR Benchmark Prime ..

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Business Abbreviations C

CALCS Capital Adequacy, Asset Quality, Liquidity, Compliance and SystemCAMELS Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems and ControlCAR Capacity Assessment RatingCAS Common Accounting SystemCASA Current & Saving AccountsCBLO Collateralised Borrowing and Lending ObligationCBS Core Banking SolutionsCBS Corporate Bond SpreadsCCCS Consumer Credit Counselling ServiceCCDM Credit Counselling and Debt ManagementCCF Credit Conversion FactorsCCIL Clearing Corporation of ..

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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. ..

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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 ..

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Quick Current Affairs 4.

1. World Bank has agreed to provide $ 3 billion loan to Indian Infrastructure Finance Company, SIDBI, Power Grid Corporation limited. 2. Government is proposed to establish National Science and Engineering Research Board on the line of Ntional Science Foundation of US. 3. Jalandhar is one among five cities of the selected by World Bank ..

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