Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

MCB Full Form | Meaning of MCB

What is the Full Form of MCB?

We found many meaning regarding to MCB which is given below -

Miniature Circuit Breaker is the full form of MCB in Electrical field. It is an electrical switch which operates automatically to protect circuit from damage caused by Short circuit or overload.

Mauritius Commercial Bank - Mauritius Commercial Bank is one of the oldest and largest bank in Mauritius. Which was founded in 1838 and founded by Mr. James Blyth.

Muslim Commercial Bank - It was well known as Mansoor Co-operative Bank but this is old name Now it is well known as Muslim Commercial Bank incorporated by the Adamjee Group on July 9, 1947. It is a Pakistani Bank. It was nationalized in 1974. It provides some products which is - Loans, credit cards, savings, consumer banking etc.

Muslim Council of Britain - It was established in 1997. It is a self-appointed umbrella body for 500 mosques, schools and associations in Britain. It's main purpose is to incur education for Islam.


HSBC Full Form | Meaning of HSBC

What is the full form of HSBC?

Hong Kong and Shanghai Banking Corporation is the HSBC full form which is a British multi-national banking and financial services company head quartered in London, England, United Kingdom. HSBC was founded in London in 1991 by Thomas Sutherland.

HSBC is named after its founding member, The Hong Kong and Shanghai Banking Corporation Limited, which was originated in 1865 to finance the raising trade between Europe, India and China. founded by Scotsman Sir Thomas Sutherland

HSBC has around 7,200 offices in 85 countries and territories across Africa, Asia, Europe, North America and South America, and around 89 million customers.

Services:-
  • Credit cards, 
  • consumer banking, 
  • corporate banking, 
  • investment banking, 
  • mortgage loans, 
  • private banking, 
  • wealth management
Website = www.hsbc.com


BPO Full Form | Meaning of BPO

What is the BPO full form?

Business Process Outsourcing is the meaning of BPO. Which is simply in other term "outsourcing".

It is back end works in Business categorized in Human Resources, Finances, Accounting. In BPO sector, the main work is customer satisfaction. It also works in Front end such as - customer care and technical support. In this sector, where company takes contract from another company for give service to their customers.

For example - Airtel is the client of First Source Limited where First Source is the B.P.O. firm.

Famous Companies in India:-
  • Aegis Global
  • Firstsource Solutions Pvt Ltd
  • Innova Technologies
  • NSB BPO Solutions Pvt Ltd
Bank payments obligation is the meaning of B P O which is use in Finance. Belgrade Philharmonic Orchestra is the another meaning of B P O which is an orchestra in Serbia.


Full form of ICICI | Meaning of ICICI Bank

Industrial Credit and Investment Corporation of India is the ICICI full form. It is a Banking company in India. It was first come in existence in 1994 by ICICI limited as financial institute in India. Its head quarter is located in Mumbai, Maharashtra.
As declared on It's official website that it's a private sector bank with total assets of Rs. 5,946.42 Billion at 31st March 2014. In 2000, ICICI Limited was became the first Indian bank to listed on the NYSE or New York Stock Exchange.

Awards
In 2014 - The bank ceo, Ms. Chanda Kochhar received the 'Mumbai Women Of The Decade' award by ASSOCHAM.
-Best Bank in India Award presented by Euromoney Magazine.
In 2013 - It was won the Best domestic bank, India by The Asset Triple A Country Awards.

Products:-
  • Credit cards
  • Consumer banking
  • Corporate banking
  • Finance and insurance
  • Investment banking
  • Mortgage loans
  • Private banking
  • Wealth management
It was founded at Vadodra which is serving it's service world wide. ICICI has auxiliary companies in the UK(UK subsidiary has also established branches in Belgium and Germany), Russia, and Canada and branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia.
Above given information about the ICIC full form which is recently updated.


CIBIL Full Form | Meaning of CIBIL

What is the CIBIL full form?

Credit Information Bureau (India) Limited

It is stand for Credit Information Bureau (India) Limited which is first CIC firm which was founded in August 2000. Here CIC is stand for Credit Information Company. It store's and maintain all records regarding to loans and credit cards.

They have 15 crore individual and 6.5 Million plus firm's database. It is located at Mumbai city which is in Maharashtra. Bank and other legal financial organizations submit record to them every month. It is helping to other loan provider's, manage their business and increase growth.

Any customer can see his information on Rs. 500/- only. No Matter! who you are? An individual or a small / large firm.

Any one can see. Payment can be process by online and online detail is available. This page was last updated on 19 September 2015. if any error found about CIBIL full form so you can leave your comment.


KYC Full Form | Meaning of KYC

What is the KYC full form?

KYC - So you came here to find out the KYC meaning and what does it stand for.

This word is mostly uses in financial institution such as bank's, loan provider's, Insurance firms, etc but it is also found's in all companies specially for those who provides service for customer.

It is a process where customer services provider verifying the customer as well as check all mandatory details for security.

Any financial institute can verify the customer's identity by - Passport, Voter's Identity Card, Driving Licence, Aadhaar Letter/Card, NREGA Card, PAN Card etc in India.

If customer age is less than 10 or on 10 so ID proof of the person will be submitted by who will operate the account.

If customer is NRI so some document must be require to submit - Foreign offices, Notary Public, Indian Embassy etc In India, RBI has been launched this rule for all over banks in India that all bank or other financial institute or companies must have to follow the KYC policies.


HDFC Full Form | Meaning of HDFC bank

What is the full form of HDFC? Housing Development Finance Corporation is the meaning of HDFC Bank which is an Indian financial services organization in Mumbai, Maharashtra that was come in live on August 1994. It is the fifth largest bank in India by their property and the largest bank by market capitalization as of 1 November 2012.
HDFC had property of Inr 4.08 trillion as on 31 March 2013. Products :-
  • Credit cards,
  • consumer banking,
  • corporate banking,
  • finance and insurance,
  • investment banking,
  • mortgage loans,
  • private banking,
  • private equity,
  • wealth management
Awards:- HDFC Bank Limited gets many awards, some awards in below list. In 2014, -Forbes Asia - Fab 50 Companies List for the 8th year. -BrandZ TM Top 50 Most Valuable Indian Brands study by Millward Brown - India's Most Valuable Brand Website = HDFCBank.com If you have any HDFC full form or HDFC Bank which is not listed above so you can help us by comment.


YES Full Form | YES Bank

What is the full form of YES Bank? We found two type of famous full form of YES. In India, YES is the short form of Youth Enterprise Scheme which is a bank. Mumbai is the place where YES bank head quarter is placed. It was founded in 2004 by Mr. Rana Kapoor and Late Ashok Kapur(who was died in terrorist attack in 2008 Mumbai). Products by YES Bank
  • Corporate and Institutional Banking
  • Financial Markets
  • Investment Banking
  • Corporate Finance
  • Retail Banking
  • Business and Transaction Banking
  • Wealth Management
  • NRI Banking
  • SMEs
Awards and Recognitions
  • In 2013, The Golden Peacock Award for Corporate Social Responsibility.
  • It was awarded with 'The Strongest Bank Balance Sheet in India' by the Asian Banker Magazine.
  • Again in 2013, Asia Awards for Branding & Marketing, won four awards at the 4th CMO.
Young European Socialists is the another meaning of YES. It was opened in 1993, It is the Youth Organization of the PES and is a part of IUSY. If you have any different YES bank full form, so please tell us through comment.

AXIS Bank

AXIS Bank does not has any meaning and it is a name, generally. It is a third largest bank in India which was formed in 1994. Previously it was known as UTI bank which is a fast grower financial organization in India. Products:-
  1. Credit cards
  2. Consumer banking
  3. Corporate banking
  4. Finance and insurance
  5. Investment banking
  6. Mortgage loans
  7. Private banking
  8. Private equity
  9. Wealth management
Basically, AXIS Bank is Mumbai based financial organization and it's head quarter is also place at same city. The first branch was inaugurated at 2 April 1994 in Ahmedabad by Dr. Manmohan Singh, then Finance Minister of India. It is also opened in Singapore, Shanghai, Hong Kong, Dubai, London.