Finance

The full form of MTD in banking and financial sector is Month Till Date or Month To Date. It makes frequent reference to the entire month of the current month. The Month To Date metric offers significant insights into financial performance and facilitates the monitoring of progress throughout a given month, rendering it indispensable for […]

The full form of OTR in banking and financial sector is Order to Remittance. It is a significant commercial and economic transaction. It includes payment and covers the entire order process, from inception to conclusion. Implementing this approach is critical for ensuring seamless transactions, contented clientele, and efficient business functioning. In this post, we’ll examine

The full form of CDM in banking and financial sector is Cash Deposit Machine. A Cash Deposit Machine is an automated banking device that facilitates the direct deposit of currency into bank customers’ accounts without requiring assistance. It is an automated bank teller that facilitates the safe and efficient deposit of currency. Continue reading to

The full form of CIBIL in banking and financial sector is Credit Information Bureau India Limited. As the first organization of its kind in India, the Credit Information Company (CIC) gathers and administers credit records for enterprises and individuals. Established in August 2000, the Credit Information Bureau of India (CIBIL) provides credit scores and reports

The full form of PNO in banking and financial sector is Principal Nodal Officer. It play a vital role in resolving consumer complaints and ensuring regulatory compliance. The individual or entity representing an organization in its interactions with regulatory agencies and consumers is termed the “primary contact.” The PNO is responsible for addressing customer complaints