Banking Terms for competitive exams PART-6

1. DBOD :- DBOD stands for Department of Banking Operations and development. This department helps to regulate and develop the commercial banks in India.
2. DBS :- DBS stands for Department of Banking Supervision. This department supervises all the banks.
3. DCA :- DCA stands for Department of Company Affairs. This department keeps the companies updated with all current affairs.
4. DTC :- DTC stands for Direct Tax Code. The direct tax code replaced the existing income tax act. It reduces the scope of litigation.
5. DCCB :- DCCB stands for District Cooperative Central Bank. This bank was established by RBI in India. These banks are established for serving in the rural areas.