● IFSC- the Indian financial system code
● MICR- magnetic ink character recognition
● NBFC- non Banking Finance Companies
● RTGS- real time gross settlement system
● PAN- permanent account number
● MSME- micro small and medium enterprises
● FERA-Foreign exchange Regulation Act
● CBS- core banking solution
● EFT- electronic fund transfer
● CRISIL- credit rating Information Service of India Limited