SBI Clerk Interview Experience II - 2010

1.      Why you choose bank rather that S/w as you are a B-tech student?

H:  I am interested in a bank that’s why I have chosen and moreover B-tech is just a graduation, to be strong in Computer Knowledge I have chosen it.

2.      What is the reason for Recession?

H:  Though there are many reasons for the recession, sub-prime crisis contributes the major.(Go for Interview Experience –I).

3.      What is Sub-prime crisis?

H:  Giving home loans to the people who don’t have good credit rating.

4.      Which sectors are affected due to recession in India?

H:  Almost all sectors are affected, mostly Real estate and IT sector.

5.      Was Indian Banking got affected due to recession?

H: Affected but it is negligible.

6.      Name some of the financial institutions in India?

H: SBI, NABARD, LIC.

7.      Who and what is important for bank?

H: Customers and Money.

8.      How you will be useful to the bank if you were selected?

H: I am a hard worker as i can complete the work accurately within the time and I have very good knowledge on computers and its applications.

9.      Do you think private banks are a threat to public banks?

H: No I don’t think so, Still India need more banking service to reach out different types of people. We have different types of banks in India, like Rural banks for Rural people , private banks for high net worth individuals and public sector banks for general public.

10. You are over qualified for clerical job? Why do u prefer clerk job? Why not Officer?

H: I have appeared for the Officers, but did not get through. So I decided to join as a clerk and then try for the officer post.

11. What is the meaning of Sbi logo? And what do you know about SBI?

H: Told whatever I known.

About SBI:

State Bank of India(SBI) is the largest bank in India.

The origin of the State Bank of India goes back to the first decade of the nineteenth century with the establishment of the Bank of Calcutta in Calcutta on 2 June 1806. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the apex of modern banking in India till their amalgamation as the Imperial Bank of India on 27 January 1921. The Government of India nationalized the Imperial Bank of India in 1955.

The State Bank Group having more than 17000 branches. SBI alone holds 12,448 branches. SBI has over 21,000 ATMs.

The bank has 141 overseas offices spread over 32 countries.

Symbol and Logo:

Symbol is the Key Hole, whose meaning is "Welcome to SBI".

Slogans are:

1) The Nation banks on us

2) Pure banking nothing else

3) The Banker to every Indian

4) With you all the way.

State Bank of India has the following six Associate Banks (ABs):

1.      State Bank of Bikaner and Jaipur (SBBJ)

2.      State Bank of Hyderabad (SBH)

3.      State Bank of Indore (SBIr)

4.      State Bank of Mysore (SBM)

5.      State Bank of Patiala (SBP)

6.      State Bank of Travancore (SBT)

The six ABs have a combined network of 4502 branches in India which are fully computerized and 2410 ATMs.

12. How can you find the fake currency note?

H: Don’t know.

Ways to detect a fake note

Optical Variable Ink: The colour of the numeral 1000 appears green when the banknote is held flat but would change to blue when the banknote is held at an angle. The font size is also reduced.

Latent Image: When the note is head horizontally, the vertical band on the right shows an image of the number 1000.

Security Thread: The note also has a three millimeter wide security thread with the inscriptions: one thousand, the word 'Bharat' in Hindi and RBI.

Micro lettering: The 'RBI' and the numeral, "1000" - which can be viewed with the help of a magnifying glass - are between the Mahatma Gandhi portrait and the vertical band.

Watermark: When the note is held against the light, the picture of Gandhi and an electrolyte mark showing the number 1000 appear in the white space.

Note: I Presented the Sbi Clerk Interview experience of Hari Jadhav who appeared on 29-03-10.

SBI Clerical Interview Experience - 2010

I present the Interview experience of a candidate named Balvinder who attended Sbi Associates Clerical interview in 2009 and submitted her interview experience to this blog.

Interviewer: why do u want to join the bank , as u have engineering background your performance is fantastic in every field n u r lecturer in engineering college?

balvinder: I told them that i always wanted to come into banking field after doing mba but due to some financial problems i could not make it. I have always admired my paternal uncle who is in one of the psb employee at a very reputed designation....n as far as my engineering background is concerned so i think i always stand one step ahead den those who r plain graduate as i can handle each n every thing in a smarter way den a plain graduate can do.

Int: Don’t you think that you are overqualified for this post?

bal: Yes i m aware of his fact but to me becoming a part of this organisation will b an honour for me moreover this is my dream bank n this post will act as a first step to get into this organisation.

Int: Don’t you get frustrated if a person with less knowledge and qualification will b your boss/ senior?

bal: Absolutely not because if that person is a part of this organisation and holding a respected designation then definitely he will b having some knowledge ...moreover i will try to learn new things from that person n will try to move ahead in my professional life.

Int: Were do you see yourself after 5 yrs?

bal: Well i c my self at a managerial post (officer) in this organisation itself .

Int: r u mobile?

bal: yes i am .

Int: Do you any problem if u will b posted in a village?

Bal: Absolutely not.

Int: What will u do if an illiterate customer comes to you?

bal: I will first ask his purpose for visiting the bank on that basis will deal with him.

Int: What will u do if he has to open an saving a/c n at that time when you are busy in your work?

bal: I will keep aside my work as every customer comes with a purpose. I will attend him , will fill up his form and will complete all the formalities as he can help us in increasing our business.

Int: As you have written in your bio-data form that you won soo many prizes in quiz competition, so tell me tha news channels u watch?

bal: I told him few news channels (all were hindi).

Int: Don’t you watch English Channel?

bal: I said i do,

Int: He asked me to name them?

bal: i told him few channels like cnbc 18, cnbc awaaz,  zee business, etc.

Int: lastly they asked me to define bank?

bal: It is a financial institution which facilitates to make deposits, provided loans for education, agriculture, and may other things.

Bank PO Interview Experience II - 2010

1.      Why do you want to enter banking?

Banking is one of the fastest growing sectors in India with more stable and high growth and more over providing wide range of career opportunities for graduates. So I want to take an opportunity to join in a bank.

2.      Have you applied to any other areas apart from banking?

No.

3.      What is the difference between Cheque and Demand Draft?

Both are used for transfer the amount b/w two accounts of same or different Bank. Cheque is written by an individual and withdrawn from the account whereas Demand draft is issued by a bank where you have to pay before issuing.

4.      What are NBFCs and difference between NBFCs and Bank?

Non-bank financial companies (NBFCs) are financial institutions that provide banking services, but do not hold a banking license. NBFCs do offer all sorts of banking services, such as loans and credit facilities, retirement planning, money markets, underwriting, and merger activities. These institutions are not allowed to take deposits from the public.

5.      What is Free Market economy?

A market economy based on supply and demand with little or no government control is said to be free market economy.

6.      What are the functions of Nabard?

National Bank for Agriculture and Rural Development(NABARD) is one of the premiere agency to provide credit in rural areas. It provides credit flow for the development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.

7.      Is there any specialized company for home finance in India?

National Housing Bank(NHB)

8.      Do you think that you are over qualified for this position?

No, I don’t think so, but I am very well qualified for this position.

9.      2 years down the line if you would be offered 50k or 70k by other organization, Will you leave this organizations? If not why?

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10. What is National Electronic Fund Transfer system (NEFT)? What is the difference between RTGS and NEFT?

National Electronic Fund Transfer (NEFT) is an online system for transferring funds of Indian financial institution (especially banks). This facility is used mainly to transfer funds below Rs. 1,00,000. The Reserve Bank of India has instructed banks that they should not use RTGS for amounts below Rs 1 lakh.

The key difference between RTGS and NEFT is that while RTGS is on gross settlement basis, NEFT is on net settlement basis. The minimum transaction value for RTGS is Rs. 1,00,000, whereas there is no minimum value for NEFT.

11. What is Private Banking?

Banking services offered to high net-worth individuals. Private banking institution assists the high net-worth individual in investing his/her money in exchange for commissions and fees. The term "private" refers to the customer service being rendered on a more personal basis.

12. What is an Investment Bank and Commercial Bank and what is the difference between them?

Investment Bank: A financial institution that deals primarily with raising capital, corporate mergers and acquisitions, and securities trades. It aids companies in acquiring funds.

Commercial Bank: An institution which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as checking, savings, and time deposit. These institutions are run to make a profit and owned by a group of individuals.

A Commercial bank is commonly referred to as simply a bank. The term ‘Commercial’ is used to distinguish it from an investment bank. The term ‘Commercial’ is used to refer to any banking organization or division that deals with the deposits and loans of business organizations.

Traditionally, banks either engaged in commercial banking or investment banking. In commercial banking, the institution collects deposits from clients and gives direct loans to businesses and individuals.

Through investment banking, an institution generates funds in two different ways. They may draw on public funds through the capital market by selling stock in their company, and they may also seek out venture capital or private equity in exchange for a stake in their company.

Examples of Investment Banks: Bank of America, J P Morgan Chase, Citigroup.

Note: Give your best possible answer for the question 9.

Bank PO Interview Experience - 2010

I present the Interview Experience of a candidate in Central Bank of India for the post of Probationary Officer (PO) whose name is ‘Akash, who completed his B-tech in Computer Science in 2008.

Þ    Why banking?

I am interested in banking and my father is also a banker.

Þ    In which bank your father will work?

He works in State bank of India as a clerk in Hyderabad.

Þ    If you are interested in Banking, then why you have done B-tech? and what you have done after the completion of your graduation?

Actually I had a plan to do MBA after my graduation, but due to financial problems I can’t do it, so i postponed to do my MBA until I get a job. In the mean time I have been preparing for banks.

Þ    How many banks have you appeared so far?

So far I have written five exams in that I cleared two exams one is this bank & another is Canara Bank and I didn’t cleared the interview round in Canara Bank.

Þ    What do you think the reason behind for not clearing the interview round(Canara Bank)?

I didn’t prepare well at that time.

Þ    Where is the Headquarters of this bank?

Mumbai.

Þ    What is the Use of Computers in a Bank?

Computers are used for many purposes in banks like:

Computer store details of customers account information.

Computers can solve billions of complex mathematical operations in fractions of a second.

Computers can be used for user authentication.

Computers can be used on a network to instantly contact other branches. When you use an ATM, you are using a networked computer terminal.

It's easier to access/update the information.

An employee can also check a customer's account balance instantly.

Computers help a bank save time and money, and can be used as an aid to generate profits.

Þ    What is recession? What is the cause for the present recession?

It can be defined as if country’s GDP growth is negative for two or more consecutive years and the main cause for the present recession is Sub-Prime crisis where it started in US.

Þ    What is Sub-prime crisis?

The current Subprime crisis is due to sub-prime lending. These are the loans given to the people having low credit rating.

Þ    Why India is affected? Which sectors are affected?

Bcoz many of the Indian companies have major outsourcing deal from the US and moreover India is one of the largest exporter to US. Almost all sectors are affected majorly Industrial, Real estate and IT sectors.

Þ    Why Indian Banks are much not affected?

Why bcoz RBI has adjusted some key rates like CRR, Repo rate, bank rate( that in turn decreases interest rates that in turn increases money supply and that in turn increases Investment) and also Indian’s bank are less interested in giving sub prime loans.

Þ    What is CRR?

It is defined as the Cash Reserve Ration. It is the amount of funds that the banks have to keep with RBI.

Þ    How much amount that banks have to keep with RBI?

Five percent of the total amount.

Þ    What is Social Banking?

It is a banking process that caters specially to the development needs of the poor in sharp contrast with conventional commercial banking, which has marginalized the poor.

Þ    What is Federal Reserve?

It is the Central Bank of US like what we have RBI in our country.

Þ    Where you will be in five years from now if you are selected?

In the same bank with one or two promotions.

Note: Almost all the questions and answers are taken from Akash except for the question: Use of Computers in banks and Social Banking.

Weightage for GK section in Bank PO Examination - 2010

I am presenting the weightage for General Awareness Section in Bank PO Examinations. So that you can have an idea in which areas the questions are being asked. It will be helpful for you in which areas you have concentrate more. Topics covered in Gk sections are shown in the below:

·        Economy Questions – 5 or 6 bits.

·        Union Budget & Railway Budget 2009-10 – 3 or 4 bits.

·        Sports - 3 or 4 bits.

·        National & International Awards – 3 or 4 bits.

·        National & International Summits – 2 -3 bits.

·        Missiles/Satellites used by countries – 2 or 3 bits.

·        Banking terms & rates (like repo & bank rate, etc) – 2 or 3 bits.

·        New Presidents/PMs of a country – 2 or 3 bits.

·        Related to Finance – 2 or 3 bits.

·        Government Schemes – 2 bits.

·        Important positions held by people – 1 or 2 bit.

·        Aid by International/national Organizations to states/countries/etc – 1 or 2 bits.

·        Acronyms - 1 or 2 bits.

·        Authors & Books - 1 or 2 bits.

·        Deaths – 1 bit.

·        Questions related to Indian Defence – 1 bit.

·        Imp days – 1 bit.

·        Reports by International Organizations – 1 bit.

·        Persons in News – 1 bit.

·        Places in News – 1 bit.

·        International Organizations their members/non-members. – 1 bit.

Note: The number of bits mentioned above are approaximately (>90%) calculated by viewing previous General Awareness question Paper asked in Bank PO Exams. All sections mentioned above may be covered or may not be. But most of the questions are from these areas. Apart from these you must have the knowledge of Countries their Capitals, Currencies and their current Presidents/PM’s. For these you can visit this link. Hope this information is helpful for preparing your next bank exams.

Financial & Economic Acronyms

1)     ACF Auto-Correlation Function

2)     AD Authorized Dealer

3)     ADB Asian Development Bank

4)     ADR American Depository Receipt

5)     AFS Annual Financial Statement

6)     AGM Annual General Meeting

7)     AIRCSC All India Rural Credit Survey Committee

8)     AO Additive Outliers

9)     AR Auto Regression

10)ARIMA Auto-Regressive Integrated Moving Average

11)AFS Available For Sale

12)ATM Asynchronous Transfer Mode

13)ATM Automated Teller Machine

14)BIS Bank for International Settlements

15)BOI Bank of India

16)BOP Balance of Payments

17)BPM5 Balance of Payments Manual, 5^th edition

18)BPSD Balance of Payments Division,

19)BSCS Basel Committee on Banking Supervision

20)BSR Basic Statistical Returns

21)CAD Capital Account Deficit

22)CAG Controller and Auditor General of

23)CBS Consolidated Banking Statistics India

24)CC Cash Credit

25)CD Certificate of Deposit

26)CD Ratio Credit Deposit Ratio

27)CDBS Committee of Direction on Banking Statistics

28)CF Company Finance.

29)CFRA Combined Finance and Revenue Accounts

30)CGRA Currency and Gold Revaluation Account

31)CII Confederation of Indian Industries

32)CO Capital Outlay

33)CP Commercial Paper

34)CPI Consumer Price Index

35)CR Capital Receipts

36)CRAR Capital to Risk Weighted Asset Ratio

37)CRR Cash Reserve Ratio

38)CSIR Council of Scientific and Industrial Research

39)CSO Central Statistical Organization

40)CVC Central Vigilance Commission

41)DAP Development Action Plan

42)DBOD Department of Banking Operations and Development

43)DBS Department of Banking Supervision, RBI

44)DCA Department of Company Affairs

45)DCB Demand Collection and Balance

46)DCCB District Central Cooperative Bank

47)DCM Department of Currency Management, RBI

48)DD Demand Draft

49)DDS Data Dissemination Standards

50)DEIO Department of External Investments and Operations

51)DESACS Department of Statistical Analysis & Computer Services, RBI

52)DGBA Department of Government and

53)Bank Accounts, RBI

54)DGCI&S Directorate General of Commercial Intelligence and Statistics

55)DI Direct Investment

56)DICGC Deposit Insurance and Credit Guarantee Corporation of India

57)DID Discharge of Internal Debt

58)DMA Departmentalized Ministries Account

59)DRI Differential Rate of Interest Scheme

60)DSBB Dissemination Standards Bulletin Board

61)DVP Delivery versus Payment

62)ECB External Commercial Borrowing

63)ECB European Central Bank

64)ECGC Export Credit and Guarantee Corporation

65)ECS Electronic Clearing Scheme

66)EDMU External Debt Management Unit

67)EEA Exchange Equalization Account

68)EEC European Economic Community

69)EEFC Exchange Earners Foreign Currency

70)EFR Exchange Fluctuation Reserve

71)EPF Employees Provident Fund

72)EXIM Bank Export Import Bank of India

73)FCA Foreign Currency Assets

74)FCCB Foreign Currency Convertible Bond

75)FCNR Foreign Currency Non-resident

76)FCNRA Foreign Currency Non-resident Account

77)FCNRD Foreign Currency Non-Repatriable Deposit

78)FDI Foreign Direct Investment

79)FEMA Foreign Exchange Management Act

80)FI Financial Institution

81)FICCI Federation of Indian Chambers of Commerce and Industry

82)FII Foreign Institutional Investor

83)FIMMDA Fixed Income Money Market and Derivatives Association of India

84)FISIM Financial Intermediation Services Indirectly Measured

85)FLAS Foreign Liabilities and Assets Survey.

86)FOF Flow Of Funds

87)FPI Foreign Portfolio Investment

88)FRA Forward Rate Agreement

89)FRBM Fiscal Responsibility and Budget Management Act, 2003

90)FRN Floating Rate Note

91)FSS Farmers’ Service Societies

92)FWG First Working Group on Money

93)GDP Gross Domestic Product

94)GDR Global Depository Receipt

95)GFD Gross Fiscal Deficit

96)GFS Government Finance Statistics

97)GIC General Insurance Corporation

98)GLS Generalized Least Squares

99)GNIE Government Not Included Elsewhere

100)        GoI Government of India

101)        GPD Gross Primary Deficit

102)        G-Sec Government Securities

103)        HDFC Housing Development Finance Corporation

104)        HFT Held For Trading

105)        HICP Harmonized Index of Consumer Prices

106)        HO Head Office

107)        HUDCO Housing & Urban Development Corporation

108)        IBRD International Bank for Reconstruction and Development

109)        IBS International Banking Statistics

110)        ICAR Indian Council of Agricultural Research

111)        ICICI Industrial Credit and Investment Corporation of India

112)        ICMR Indian Council of Medical Research

113)        IDB India Development Bonds

114)        IDBI Industrial Development Bank of India

115)        IDD Industrial Development Department

116)        IFAD International Fund for Agricultural Development

117)        IFC International Finance Corporation

118)        IFCI Industrial Finance Corporation of India.

119)        IFR Investment Fluctuation Reserve

120)        IFS International Financial Statistics

121)        IGLS Iterative Generalized Least Squares

122)        IIBI Industrial Investment Bank of India

123)        IIP Index of Industrial Production

124)        IIP/InIP International Investment Position

125)        IMD India Millennium Deposits

126)        IMF International Monetary Fund

127)        INR Indian Rupee

128)        IOTT Input-Output Transaction Table

129)        IP Interest Payment

130)        IRBI Industrial Reconstruction Bank of India

131)        ISDA International Swaps and Derivative Association

132)        ISIC International Standard Industrial Classification

133)        ISO International Standards Organization

134)        ITRS International Transaction Reporting  System

135)        IWGEDS International Working Group on External Debt Statistics

136)        KVIC Khadi & Village Industries Corporation

137)        LAF Liquidity Adjustment Facility

138)        LAMPS Large-sized Adivasi Multipurpose Societies

139)        LAS Loan & Advances by States

140)        LBD Land Development Bank

141)        LBS Locational Banking Statistics

142)        LERMS Liberalised Exchange Rate Management System

143)        LIC Life Insurance Corporation of India

144)        LS Level Shift

145)        LT Long Term

146)        LTO Long Term Operation

147)        M1 Narrow Money

148)        M3 Broad Money

149)        MA Moving Average

150)        MCA Ministry of Company Affairs

151)        MIGA Multilateral Investment Guarantee Agency

152)        MIS Management Information System

153)        MMSE Minimum Mean Squared Errors

154)        MoF Ministry of Finance

155)        MOF Master Office File

156)        MRM Monitoring and Review Mechanism

157)        MSS Market Stabilisation Scheme

158)        MT Mail Transfer

159)        MTM Mark-To-Market

160)        NABARD National Bank for Agriculture and Rural Development

161)        NAC(LTO) National Agricultural Credit (Long Term Operatiion)

162)        NAIO Non Administratively Independent Office

163)        NAS National Account Statistics

164)        NASSCOM National Association of Software and Services Companies

165)        NBC Non-Banking Companies

166)        NBFC Non Banking Financial Companies

167)        NEC Not Elsewhere Classified

168)        NEER Nominal Effective Exchange Rate

169)        NFA Non-Foreign Exchange Assets

170)        NFD Net Fiscal Deficit

171)        NGO Non-Governmental Organization

172)        NHB National Housing Bank

173)        NIC National Industrial Classification

174)        NIF Note Issuance Facility

175)        NNML Net Non-Monetary Liabilities

176)        NPA Non-Performing Assets

177)        NPD Net Primary Deficit

178)        NPRB Net Primary Revenue Balance

179)        NPV Net Present Value

180)        NR(E)RA Non-Resident (External) Rupee Account

181)        NR(NR)RA Non-Resident (Non-Reparable) Rupee Account

182)        NRE Non-Resident External

183)        NRG Non-Resident Government

184)        NRI Non-Resident Indian

185)        NSC National Statistical Commission

186)        NSSF National Small Savings Fund

187)        OD Over Draft

188)        ODA Official Development Assistance

189)        OECD Organization for Economic

190)        Cooperation and Development

191)        OECO Organisation for Economic Co-operation

192)        OFI Other Financial Institutions

193)        OLTAS Online Tax Accounting System

194)        OMO Open Market Operations

195)        OSCB Other Indian Scheduled Commercial Bank

196)        PACF Partial Auto-Correlation Function

197)        PACS Primary Agriculture Credit Societies

198)        PCARDB Primary Cooperative Agriculture and Rural Development Bank

199)        PD Primary Deficit

200)        PDAI Primary Dealers Association of India

201)        PDO Public Debt Office

202)        PDO-NDS Public Debt Office-cum-Negotiated Dealing System

203)        PDs Primary Dealers

204)        PES Public Enterprises Survey

205)        PF Provident Fund

206)        PIO Persons of Indian Origin

207)        PNB Punjab National bank

208)        PO Principal Office

209)        PRB Primary Revenue Balance

210)        PSE Public Sector Enterprises

211)        PUC Paid Up Capital

212)        QRR Quick Review Report

213)        RBI Reserve Bank of India

214)        RD Revenue Deficit

215)        RDBMS Relational Database Management System

216)        RE Revenue Expenditure

217)        REC Rural Electrification Corporation

218)        REER Real Effective Exchange Rate

219)        RFC Residents Foreign Currency

220)        RIB Resurgent India Bonds

221)        RIDF Rural Infrastructure Development Fund

222)        RLA Recoveries of Loans & Advances

223)        RLC Repayment of Loans to Centre

224)        RMB Renminbi (Chinese)

225)        RNBC Residuary Non-Banking Companies

226)        RO Regional Office

227)        RoCs Registrars of Companies

228)        RPA Rupee Payment Area

229)        RPCD Rural Planning and Credit

230)        Department, RBI

231)        RR Revenue Receipts

232)        RRB Regional Rural Bank

233)        RTP Reserve Tranche Position

234)        RUF Revolving Underwriting Facility

235)        RWA Risk Weighted Asset

236)        SAM Social Accounting Matrix

237)        SAS Statistical Analysis System

238)        SBI State Bank of India

239)        SC Schedule Caste

240)        SCARDB State Cooperative Agriculture and

241)        Rural Development Bank

242)        SCB State Cooperative Bank

243)        SCB Scheduled Commercial Bank

244)        SCS Size Class Strata

245)        SDDS Special Data Dissemination Standards

246)        SDR Special Drawing Right

247)        SEBI Securities and Exchange Board of India

248)        SEBs State Electricity Boards

249)        SFC State Financial Corporation

250)        SGL Subsidiary General Ledger

251)        SGSY Swarnajayanthi  Gram Swarrojgar Yojana

252)        SHGs Self-Help Groups

253)        SIDBI Small Industries Development Bank of India

254)        SIDC State Industrial Development Corporation

255)        SI-SPA Systems Improvement Scheme under Special Project Agriculture

256)        SJSRY Swarna Jayanti Shahari Rojgar Yojana

257)        SLR Statutory Liquidity Ratio

258)        SLRS Scheme for Liberation & Rehabilitation of Scavangers

259)        SMG Standing Monitoring Group

260)        SNA System of National Accounts

261)        SRWTO Small road & Water Transport Operators

262)        SSI Small-Scale Industries

263)        SSSBEs Small Scale Service & Business Enterprises

264)        ST Schedule Tribe

265)        SWG Second Working Group on Money

266)        TBs Treasury Bills

267)        TC Temporary Change

268)        TT Telegraphic Transfer

269)        UBB Uniform Balance Book

270)        UBD Urban Banks Department

271)        UCB Urban Cooperative Bank

272)        UCN Uniform Code Number

273)        US United States

274)        USD US Dollars

275)        UTI Unit Trust of India

276)        VC Venture Capital

277)        WGMS Working Group on Money Supply:

278)        WPI Wholesale Price Index

279)        WSS Weekly Statistical Supplement

280)        YTM Yield to Maturity

281)        ZO Zonal Office.