The full form of RNBCs is Residuary Non-Banking Companies Residuary Non-Banking Company is a class of NBFC which is a company and has as its principal business the receiving of deposits, under any scheme or arrangement or in
The full form of PTCs is Pass-Through Certificates A modified pass-through certificate is a type of fixed-income security that provides investors with income generated from a pool of underlying assets or loans. They are
The full form of PSBs is Public Sector Banks Public Sector Banks (PSBs) are a major type of government owned banks in India, where a majority stake (i.e. more than 50%) is held by the Ministry of Finance of the Government of
The full form of PPIs is Prepaid Payment Instruments The Prepaid instruments can be issued as smart cards, magnetic stripe cards, internet accounts, internet wallets, mobile accounts, mobile wallets, paper vouchers and any
The full form of ODIs is Offshore/Overseas Derivative Instruments Offshore Derivative Instruments (ODIs), also known as Participatory notes (p-notes) are instruments used by the foreign investors to invest in India’s
The full form of NPAs is Non-Performing Assets A nonperforming asset (NPA) is a debt instrument where the borrower has not made any previously agreed upon interest and principal repayments to the designated lender for an
The full form of NIl is Net Interest Income Net interest income (NII) is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors. Net interest income =
The full form of NBFCs is Non-Bank Financial Companies Nonbank financial companies (NBFCs), also known as nonbank financial institutions (NBFIs) are financial institutions that offer various banking services but do not have a
The full form of MTNs is Medium-Term Notes A medium-term note (MTN) is a debt note that usually matures (is paid back) in 5–10 years, but the term may be less than one year or as long as 100 years. They can be issued on a
The full form of lIB I is Industrial Investment Bank of India Limited The Industrial Investment Bank of India (IIBI) was a government of India-owned financial investment institution that operated from its inception in 1971
The full form of JLGs is Joint Liability Groups A Joint Liability Group (JLG) is an informal group comprising of 4-10 individuals coming together for the purpose of availing bank loan on individual basis or through group
The full form of EXIM Bank is Export Import Bank of India The Export and Import Bank of India, popularly known as the EXIM Bank was set up in 1982. It is the principal financial institution in India for foreign and