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Banking & FinanceTerm

 Banking & FinanceTerm

(IT related)


1.        

ATM

Automated Teller Machine

2.        

APES

Aadhar EnablePayment System

3.        

BHIM

Bharat Interface for Money

4.        

CBT

Computer-based terminal

5.        

CBS

Core banking solution

6.        

ECS

Electronic Clearance Service

 

7.        

EFT

Electronic funds transfer

 

8.        

NEFT

National Electronic Funds Transfer

 

9.        

RTGS

Real-Time Gross Settlement

 

10.    

IMPS

Immediate Payment Service

 

11.    

IFSC

Indian financial system code

 

12.    

PIN

Personal Identification Number

 

13.    

USSD

 Unstructured Supplementary Service Data

 

14.    

UPI

Unified Payments Interface

 

 

 

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