Important Abbreviations: Banking Term

1.    ITEs: Intra-Group Transactions and Exposures

2.    LCR: Liquidity Coverage Ratio

3.    NSFR: Net Stable Funding Ratio

4.    LRMT: Liquidity risk monitoring tools

5.    CBS: Core Banking Solution

6.    DEAF: Depositor Education and Awareness Fund

7.    CRAR: Capital to Risk-weighted Assets Ratio

8.    ECB - External Commercial Borrowings

9.    SWIFT: Society for Worldwide Interbank Financial Telecommunication

10.  FSLRC: Financial Sector Legislative Reforms Commission

11.  MIBOR: Mumbai Inter-Bank Offer Rate

12.  LIBOR: London Inter-Bank Offer Rate

13.  LAF – Liquidity Adjustment Facility

14.  GIRO -  Government Internal Revenue Order

15.  EEFC - Exchange Earner's Foreign Currency

16.  FRBMA:  Fiscal Responsibility and Budget Management Act

Important Committees: For RBI Exam

1.    Suma Verma Committee - to update, and revise the Banking Ombudsman Scheme, 2006     2.    Damodran Committee: on improvement of customer services in banks 

3.    Shri M. Narasimham Committee: on Banking Sector Reforms

4.    Shri Raghuram Rajan Committee: on Financial Sector Reforms,

5.    Shri B. Mahapatra Committee: to review the existing prudential guidelines on restructuring of advances by banks/financial institutions

6.    Shri Aditya Puri Committee: Dissemination of Credit Information

7.    Shri K.U.B. Rao Committee: recommended aligning gold import regulations 

8.    K M Chandrasekhar committee : for rationalization of foreign investment norms

9.    Shri Pulak Kumar Sinha Committee: to study the feasibility of Aadhaar as an additional factor for authentication of card present transactions

10.  Mukul Mudgal Committee:  looking into US giant Walmart's lobbying activities to enter India

11.  MBN Rao Committee: to prepare the blueprint of India’s first women’s bank

12.  Arvind Mayaram Committee  –for giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII),

13. Bimal Jalan committee, which is scrutinising the applications for the new bank licences, is expected to submit the final list to the Reserve bank of India