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Latest banking terms and full form

Demonetization has given rise to some very important banking terms. Which are very important for banking exams:

What is Demonetization?
Demonetization is the act of stripping a currency unit of its status as legal tender. Demonetization is necessary whenever there is a change of national currency. The old unit of currency must be retired and replaced with a new currency unit.

Some latest banking terms:

1. Financial Software and Systems (FSS)

2. Bank Note Acceptor (BNAs)

3. Consumer Price Index (CPI)

4. Fake Indian currency notes (FICNs)

5. External Commercial Borrowings (ECB)

6. National Payments Corporation of India (NPCI)

7. Original equipment manufacturers (OEMs)

8. Cash in transit (CIT)

9. White label ATM (WLA)

10. automated teller machines (ATM)

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नवीनतम बैंकिंग नियमों और पूर्ण रूप

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