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RC in Banking Meaning

The RC meaning in Banking terms is "Risk Control". There are 6 related meanings of the RC Banking abbreviation.

RC on Banking Full Forms

  1. Risk Control
  2. Routinq Code
  3. Risk Committee
  4. Reconstruction Companies
  5. Revolving Credit A type of credit agreement, e.g., a credit card, in which a person is given a specified credit limit which can be paid in full or in part, usually on a monthly basis. If the amount owing is paid in full in the first month then usually no interest is charged. When the full credit limit has been reached a payment must be made before the credit card can be used again.
  6. Receivable Charges

Frequently Asked Questions (FAQ)

  1. What does RC stand for Banking?

    RC stands for Revolving Credit in Banking terms.

  2. What is the shortened form of Routinq Code in Banking?

    The short form of "Routinq Code" is RC for Banking.

Citation

RC in Banking. Acronym24.com. (2022, March 30). Retrieved December 22, 2024 from https://acronym24.com/rc-meaning-in-banking/

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