The full form of CAR -Capital Adequacy Ratio (CAR) is a measure of financial strength of a bank expressed as percentage ratio of a bank’s capital to its assets or risks.
The full form of IMPS – Immediate Payment Service
The full form of PDC – A post-dated cheque .
The full form of NEFT – National Electronic Funds Transfer is a nation-wide payment system that facilitates the electronic transfer of funds from one bank account to another within India. NEFT is not a real-time fund transfer system, it settles fund transfers in half-hourly batches.
GDP Stands for gross domestic product. In economics, a country’s GDP is the total value of goods and services produced within a country in a year.
The full form of ICICI – Industrial Credit and Investment Corporation of India. Headquartered in Mumbai (Maharashtra), ICICI is an Indian multinational banking and financial services company.
The full form of NEFT – National Electronic Funds Transfer (NEFT) is an Indian system of electronic transfer of money from one bank to another.
The full form of KYC – Know Your Customer. It is a process followed by a financial institution or an entity to collect the details to establish the identity of a client.
The full form of RBL BANK – Ratnakar Bank Limited. It is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra, India.
The full form of BANK-A bank is a financial institution where customers can save or borrow money. Banks also invest money to build up their reserve of money.