What is the full form of RBS?
The full form of RBS is the Royal Bank of Scotland. RBS is a major retail & commercial bank in Scotland. It is one of the retail banking subsidiaries of the NatWest Group, along with NatWest in England & Wales and Ulster Bank. Although there are divisions in several larger cities and towns across England & Wales, there are about 700 RBS branches, mainly in Scotland. The bank is completely distinct from the Bank of Scotland, a fellow bank of Edinburgh, which is 32 years older than the Royal Bank.
The RBS was created in 1724, to include a bank with strong Hanoverian as well as Whig ties. In 2019, the bank became a direct subsidiary of NatWest Holdings with regard to ring-fencing the core domestic economy of the group. NatWest Markets is made up of the group’s wealth management arm. The former RBS entity was retitled as NatWest Markets in 2018 to offer legal form. Same time, Adam & Company that carried a different PRA banking license was changed its name to The Royal Bank of Scotland, with Adam and Company remaining in Scotland as an RBS private banking brand, along the same lines as Messrs. Drummond & Child & Co. firms in England.
Service offered by RBS
- RBS offers personal, commercial & business clients with an entire array of insurance & banking facilities.
- Since 1946, RBS has functioned mobile branches utilizing transformed vans to fulfil rural communities, along with traditional divisions, telephone, and online banking. Presently, 19 mobile branches exist.
- The bank is approved by the Authority for Prudential Regulation & regulated by both the Authority for Financial Conduct and the Authority for Prudential Regulation.
- RBS actively participated in the Faster Payments system, an initiative launched in 2008 to accelerate certain payments.
- The RBS Group undertook the very first trial of contactless PayPass credit & debit cards in Europe in 2006.
- The financial institutions in implementing Visa Debit cards with current bank account technology, that can be used to make purchases up to £ 30 by pressing the retailer’s terminal on an activated card.
- The RBS and NatWest incorporated hand-held devices in 2007 for use with a card to approve online transactions in an attempt to improve protection.
Another full form of RBS in medical terminology
Another full form of RBS is the Random Blood Sugar (Rbs) Test. A random blood sugar test is the testing of the blood sugar level at any time or random time of the day. It is a test performed beyond the regular testing schedule. RBS test is performed to ensure diabetes mellitus, during the treatment and after the treatment of diabetes mellitus. A level of 200 mg/dl or higher is an indication of diabetes mellitus.
Why one must consider RBS test?
The main purpose behind random blood sugar tests is to inspect random blood sugar levels. Having a random blood sugar range of 200mg/dl or more is a clear sign of the presence of diabetes mellitus. With the diagnosis of diabetes, random blood sugar test helps in the timely treatment of the disease via monitoring during and after the treatment. A doctor can prescribe an RBS test if the person is suffering from symptoms that are listed below
- Unintended Weight loss
- Dehydration and dry mouth
- Slow healing of the wound
- Blurry vision
- Frequent urination
The procedure of the test
RBS test procedure
This random glucose test is a quick test that a doctor or nurse can carry out at short notice in their office or clinic. The patient does not need to fast beforehand. The test demands a small sample of blood that the doctor or nurse will take using a needle, often from the finger.
Results of the test
A random blood sugar lab test is a handy tool to keep track of the blood sugar level. The sugar levels vary between prior to eating and post meals levels. The values may vary from one person to another. Based on standard values the sugar levels are determined.
- RBS test done within one or two hours of eating then the RBS normal value should be 180 mg/dl as per the American Diabetes Association
- The RBS normal range should be anywhere between 80 mg/dl and 130 mg/dl prior to eating for healthy blood sugar levels in the body.
- If the report reads 140 mg/dl to 199 mg/dl then the person is pre-diabetic and can develop diabetes type 2
- A person with a reading of 200 mg/dl and above is most probably diabetic.