Banking

 Banks:

  • RBI – Reserve Bank of India
  • SBI - State Bank of India
  • IDBI – Industrial Bank of India
  • ICICI – Industrial Credit and Investment Corporation of India
  • HDFC – Housing Development Finance Corporation
  • HSBC – Hongkong and Shanghai Banking Corporation
  • KVB – Karur Vysya Bank
  • RBL – Ratnakar Bank Limited
  • IDFC – Industrial Development Finance Company
  • PNB – Punjab National Bank
  • TMB - Tamilnad Mercantile Bank
  • UCO – United Commercial bank
  • RRBs – Regional Rural Banks
  • SCBs – State Cooperative Banks
  • UCBs – Urban Cooperative Banks

Terms used for Banking: 

  • ATM – Automated Teller Machine
  • IFSC – Indian Financial Code
  • INR – Indian Rupee
  • NEFT – National Electronic Fund Transfer
  • RTGS – Real-Time Gross Settlement
  • ECS – Electronic Clearing Service
  • UPI – Unified Payments Interface
  • RD – Recurring Deposit
  • FD – Fixed Deposit
  • IMPS – Immediate Payment Service
  • MMID - Mobile Money Identification Number
  • VPA – Virtual Payment Address

 

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