Study Guide · Chapter 1
Banking Institutions & Regulators
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15 key terms | One-line exam reference
| Abbreviation | One-line meaning |
|---|---|
| ADB | Asian Development Bank — multilateral development bank for Asia-Pacific development. |
| BIS | Bank for International Settlements — forum for central banks and financial stability. |
| DICGC | Deposit Insurance and Credit Guarantee Corporation — provides deposit insurance to eligible depositors. |
| EXIM BANK | Export-Import Bank of India — supports international trade finance. |
| IMF | International Monetary Fund — promotes global monetary cooperation and stability. |
| IRDAI | Insurance Regulatory and Development Authority of India — regulator of insurance. |
| NABARD | National Bank for Agriculture and Rural Development — apex institution for rural development finance. |
| NHB | National Housing Bank — apex institution for housing finance development. |
| PFRDA | Pension Fund Regulatory and Development Authority — regulator of the pension sector. |
| PSB | Public Sector Bank — a bank with majority government ownership. |
| RBI | Reserve Bank of India — India’s central bank and monetary authority. |
| RRB | Regional Rural Bank — a bank focused on rural and semi-urban credit needs. |
| SBI | State Bank of India — India’s largest public-sector bank. |
| SEBI | Securities and Exchange Board of India — regulator of India’s securities market. |
| SIDBI | Small Industries Development Bank of India — principal financial institution for MSME development. |
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