What is the full form of PVC in banking?
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In a banking context, PVC can mean Preventive Vigilance Committee, Personal Verification Code, or a physical Polyvinyl Chloride card (like a PVC PAN card). A Preventive Vigilance Committee is a group within a bank to prevent fraud, while a Personal Verification Code is a one-time security code used for online transactions. The term can also refer to a durable, plastic Polyvinyl Chloride (PVC) card, such as a PVC PAN card, used for identification.
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