English Abbreviations for Bank Exams

★ ATM - Automated Teller Machine
★ BEP - Break Even Point
★ BPO - Business Process Outsourcing
★ CRM - Customer Relationship Management
★ CNP - Cardholder Not Present
★ EOQ - Economic Order Quality
★ FDR - Fixed Deposit Receipts
★ GDP - Gross Domestic Product
★ HNI - High Net worth Individual
★ MIS - Management Information System
★ IPO - Initial Public Offering
★ M & A - Mergers & Acquisitions
★ MR - Marginal Revenue
★ NPA - Non Performing Assets
★ PAN - Permanent Account Number
★ PIN - Personal Identification Number
★ SEO - Search Engine Optimization
★ SEBI - Securities Exchange Board of India
★ ROA - Return on Assets
★ SWOT - Strengths,Weaknesses, Opportunities and Threats
★ VAT - Value Added Tax
★ KYC - Know Your Customer
★ SIP - Systematic Investment Plan
★ NBFC - Non-Banking Financial Company
★ NEFT - National Electronic Fund Transfer
★ RTGS - Real Time Gross Settlement
★ SEZ - Special Economic Zone
★ GDP - Gross Domestic Product
★ GNP - Gross National Product
★ FDI - Foreign Direct Investment
★ FII - Foreign institutional Investor
★ PLR - Prime Lending Rate
★ SLR - Statutory Liquidity Ratio
★ CRR - Cash Reserve Ratio
★ SDR - Special Drawing Rights
★ LIBOR - London Inter Bank Offered Rate
★ YTM - Yield to Maturity
★ ALCO -Asset-Liability Management Committee
★ NII- Net Interest Income
★ NPA - Non Performing Assets
★ IMF - International Monetary Fund
★ IRDA - Insurance Regulatory and Development Authority
★ SIDBI - The Small Industries Development Bank of India
★ NABARD - National Bank for Agriculture and Rural Development
★ ASSOCHAM - The Associated Chambers of Commerce and Industry of India
★ NASSCOM - The National Association of Software and Services Companies
★ APR - Annual Percentage Rate
★ IDRA - Industries Development and Regulation Act
★ EFT - Electronic Fund Transfer
★ EMI - Equated Monthly Installments
★ IRR - Internal Rate of Return
★ LC - Letter of Credit
★ BG - Bank Guarantee
★ NAV - Net Asset Value
★ NPV - Net Present Value
★ SWIFT - Society for Worldwide Inter- bank Financial Telecommunication