Some important full-forms in relation to Banking:





RAFA : Recurring Account Fix Account
CASA : Current Account Saving Account
CVC : Central Vigilance Commission
CAG : Comptroller Auditor General
PAC : Public Account Committee

BRA : Banking Regulation Act
IBA : Indian Banking Association
GST : Goods and Service Tax
CP I : Consumer Price Index
WPI : Wholesale Price Index

CRAR : Capital to Risk weighted Assets Ratio
CAR : Capital Adequacy Ratio
START :Strategic Armed Reduction Treaty
DTAA :Double Taxation Avoidance Agreement
DTC : Direct Tax Code
CCEA : Cabinet Committee on Economic Affairs
ALM :Asset Liability Management
FSC : Indian Financial System Code
FTA : Free Trade Organization
NAFTA :North Atlantic Free Trade Agreement
GDR :Global Depositary Receipt
FPO :Followan Public Offering
IPO : Initial Public Offering
FDI : Foreign Direct Investment
FII : Foreign Institutional Investors

SDR : Special Drawing Rights
IDR :Indian Depositary Receipt
ADR :American Depositary Receipt
CNG :Compressed Natural Gas
LNG :Liquefied Natural Gas
LPG : Liquid Petroleum Gas
CDR : Cash Deposit Restructuring
ECB : External Commercial Borrowing
CBS :CORE Banking Solution
ECS : Electronic Clearing System

EFT : Electronic Fund Transfer
NEFT : National Electronic Fund Transfer
RTGS : Real Time Gross Settlement
ULIP : Unit Link Insurance Plan
NAV : Nat Asset Value
LAF : Liquidity Adjustment Facility
PAN : Permanent Account Number
KYC : Know Your Customer
NPA : Non Performing Assets
PSLV : Pollar Satellite Launching Vehicle
SAFTA : South Asean Free Trade Agreement





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