INR represents Indian Rupee.
It is official money of the Republic of India which is given and constrained by the Reserve Bank of India. Rupee can be separated into paisa. 1 Rupee = 100 paise, for example in 1957, the Rupee is separated into 100 new paise. The Indian rupee is accessible in the section of coins and the category of notes. Coin division has 1, 2, 5, 10 rupee coins and Notes group contains 1, 2, 5, 10, 20, 50, 100, 500, 2000 rupee notes. Now and then back, there was additionally the division of 1 paisa, 2 paise, 5 paise, and so on however these little sections have been eliminated now.
It is accepted that the rupee was first presented in the Middle Ages (1486-1545) by the Sher Shah Suri at an estimation of 40 copper pieces for each Rupee. Paper rupees were given in 1770. During and after the British guideline, a rupee was separated into or equivalent to16 annas.
The image of the Indian rupee "?" was received by the Government of India in 2010. it is gotten from Devanagari consonant "?".
Acronym | Full Form |
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ADB | Asian Development Bank |
ATM | Automated Teller Machine |
CBI | Central Bank of India |
ECS | Electronic Clearing Service |
ESI | Employees' State Insurance |
HDFC | Housing Development Finance Corporation |
HSBC | Hong-Kong and Shanghai Banking Corporation |
ICICI | Industrial Credit and Investment Corporation of India |
IDBI | Industrial Development Bank of India |
IFSC | Indian Financial System Code |
IRDA | Insurance Regulatory and Development Authority |
NEFT | National Electronic Funds Transfer |
PAN | Permanent Account Number |
PO | Post Office |
PO | Probationary Officer |
RBL | Ratnakar Bank Limited |
RTGS | Real-Time Gross Settlement |
SEBI | Securities and Exchange Board of India |
SIDBI | Small Industries Development Bank of India |
TDS | Tax Deducted at Source |
UCO | United Commercial Bank |
IBPS Clerk | Institute of Banking Personnel Selection Clerks |
IBPS PO | Institute of Banking Personnel Selection Probationary Officer |
IBPS SO | Institute of Banking Personnel Selection Specialist Officer |
IBPS RRB | Institute of Banking Personnel Selection Regional Rural Banks |
SBI Clerk | State Bank of India Clerk |
SBI PO | State Bank of India Probationary Officer |
SBI SO | State Bank of India Specialist Officer |
RBI Recruitment | Recruitment Reserve Bank of India Recruitment |
RBI Grade B | Reserve Bank of India Grade B |