SOME IMPORTANT BANKING TERMS

1. LAF – Liquidity Adjustment Facility 

2. EPS – Earnings Per Share 
3. ESOP – Employee Stock Options
4. NPV – Net Present Value
5. FFMC – Full Fledged Money Changers
6. ICRA – Investment Information and Credit Rating Agency of India Limited
7. LIBOR – London Inter Bank Operations Rate
8. MIBOR – Mumbai Inter Bank Operations Rate
9. MOU – Memorandum of Understanding
10. MCA – Ministry of Company Affairs
11. EMI – Equated Monthly Instalments
12. OCB – Overseas Corporate Bodies
13. POA – Power of Attorney
14. RKBY – Rashtriya Krishi Bima Yojana
15. SEBI – Securities and Exchange Board of India
16. FEDAI – Foreign Exchange Dealers Association of India
17. IDBI – Industrial Development Bank of India
18. FOB – Free on Board
19. MCX – Multi Commodity Exchange
20. DICGC – Deposit Insurance and Credit Guarantee Corporation
21. BCSBI – Banking Codes and Standards Board of India
22. CRISIL – Credit Rating Information Services of India Limited
23. IRDA – Insurance Regulatory Development Authority
24. CARE – Credit Analysis and Research Limited
25. SPV – Special Purpose Vehicle