Study Guide · Chapter 9
Additional Banking Institutions & Infrastructure
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18 key terms | One-line exam reference
| Abbreviation | One-line meaning |
|---|---|
| BCSBI | Banking Codes and Standards Board of India — former body promoting customer-service standards. |
| BRBNMPL | Bharatiya Reserve Bank Note Mudran Private Limited — company printing Indian banknotes. |
| FEDAI | Foreign Exchange Dealers’ Association of India — association connected with foreign-exchange markets. |
| FIMMDA | Fixed Income Money Market and Derivatives Association of India — market association for fixed-income products. |
| HFC | Housing Finance Company — financial company primarily engaged in housing finance. |
| IBA | Indian Banks’ Association — association representing banks and promoting banking-sector coordination. |
| IDRBT | Institute for Development and Research in Banking Technology — RBI-supported banking-technology institute. |
| IIBF | Indian Institute of Banking and Finance — professional banking education institute. |
| LAB | Local Area Bank — bank operating within a limited geographical area. |
| MFI | Microfinance Institution — institution providing small-value financial services to low-income customers. |
| NBFC | Non-Banking Financial Company — company providing specified financial services without being a bank. |
| NIBM | National Institute of Bank Management — institute for banking education and research. |
| NPCI | National Payments Corporation of India — umbrella organization for retail payment systems in India. |
| PACS | Primary Agricultural Credit Society — village-level co-operative credit society. |
| PB | Payments Bank — bank permitted to accept deposits and provide payments services within prescribed limits. |
| RSETI | Rural Self Employment Training Institute — institute supporting rural self-employment training. |
| SFB | Small Finance Bank — bank serving small businesses, farmers and underserved customers. |
| UCB | Urban Co-operative Bank — co-operative bank serving urban and semi-urban customers. |
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