All Banking Abbreviations for Upcoming Bank Exam 2020

Dear Dreamers, Here We Are Providing The List Of Important Banking Abbreviations Which Is One Of The Most Important Static Topic That Was Asked In Various Competitive Exams Like IBPS, LIC, UIC. For Every Bank Competitive Exams And Insurance Exams Banking Abbreviations Plays A Vital Role. Compulsorily There Will Be 1 Or 2 Questions From These Banking Abbreviations Topic From That We Can Score Easily From This Banking Abbreviations Section.

ADB- Asian Development Bank
ADR- American Depository Receipt
BPLR- Benchmark Prime Lending Rate
AEPS- Aadhar Enabled Payment Switch
AFS- Annual Financial Statement
BSBDA- Basic Savings Bank Deposit Account
AGM- Annual General Meeting
AIF- Alternative Investment Fund
AIDB- All India Development Banks
BSE- Bombay Stock Exchange
AIFI- All India Financial Institutions
ALCO- Asset Liability Committee
BOP Balance Of Payments
BSR- Basic Statistical Returns
ALM- Asset Liability Management
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AMFI- Association of Mutual Funds in India
AML- Anti Money Laundering
BACS Bankers Automated Clearing System
ANBC- Adjusted Net Banking Credit
APACS- Association of Payment and Clearing Service
ARC- Asset Reconstruction Company
BCBS- Basel Committee on Banking Supervision
BCP- Branch Credit Plan
ASBA Applications Supported by Blocked Account
ASSOCHAM- Associated Chambers of Commerce and Industry of India
BO- Banking Ombudsman
ATM- Automated Teller Machine
BCSBI- Banking Codes and Standards Board of India
BIS- Bank for International Settlements
DSCR- Debt Service Coverage Ratio
DTAA- Double Taxation Avoidance Agreement
ECB- External Commercial Borrowings
ECS- Electronic Clearing Service
ED- Enforcement Directorate
EDF- Export Development Fund
EDI- Electronic Data Interchange
EDMU- External Debt Management Unit
BOE- Bill Of Exchange
CAAP- Capital Adequacy Assessment Process
CAGR- Compound Annual Growth Rate
CAD- Capital Account Deficit
CAG Comptroller and Auditor General
CAR- Capital Adequacy Ratio
CARE- Credit Analysis and Research limited
CASA- Current Account Savings Account
CC- Cash Credit
CCIL- Clearing Corporation of India Limited
CD- Certificate of Deposit
CDR- Corporate Debt Restructuring
CEPA- Comprehensive Economic Partnership Management
CFMS- Centralized Fund Management System
CIBIL- Credit Information Bureau of India Limited
DBS- Department of Banking Supervision
DCCB-  District Central Cooperative Bank
DD- Demand Draft
DFI- Development Financial Institutions
DICGC- Deposit Insurance and Credit Guarantee Corporation
DP- Depository Participants
CII- Confederation of Indian Industry
CMIS- Currency Management Information System
CP- Commercial Paper
CPI- Consumer Price Index
CRAR- Capital to Risk-Weighted Asset Ratio
CBS- Core Banking Solution
CTS- Cheque Truncation System
CVC- Central Vigilance Commission
DPG- Deferred Payment Guarantee
DPN- Demand Promissory Note
DRAT- Debt Recovery Appellate Tribunal
DRI- Differential rate of Interest
DSA- Direct Selling Agent
EDP- Entrepreneurship Development Programme
EFT- Electronic Fund Transfer
EEFC- Exchange Earners Foreign Currency
ELSS- Equity Linked Savings Scheme
NDA- Net Domestic Asset
NDTL- Net Demand Time Liabilities
NEER- Nominal Effective Exchange Rate
NECS- National Electronic Clearing System
NEFT- National Electronic Fund Transfer
NFA- No Frills Account
NHB- National Housing Bank
NII- Net Interest Income
NPA- Non Performing Assets
NPCI- National Payment Corporation of India
NPS- National Pension Scheme
FATF- Financial Action Task Force
FCA- Financial Currency Assets
FCCB- Foreign Currency Convertible Bond
FCD- Fully Convertible Debentures
FCNRA- Foreign Currency Non – Resident Account
FCNRD- Foreign Currency Non – Repatriable Deposit
FDI- Foreign Direct Investment
FEMA- Foreign Exchange Management Act
FEDAI- Foreign Exchange Dealers Association of India
FICCI- Federation of International Chambers of Commerce and Industry
FII- Foreign Institutional Investors
FIPB- Foreign Investment Promotion Board
GDP- Gross Domestic Product
GDR- Global Depository Receipt
GFD- Gross Fiscal Deficit
GIC- General Insurance Corporation
GIRO- Government Internal Revenue Order
GMS- Gold Monetization Scheme
GST- Goods and Service Tax
GVA- Gross Value Added
IAS-Integrated Account System
IBA- Indian Banks Association
IBBI-  Insolvency and Bankruptcy Board of India
IBRD-  International Bank for Reconstruction and Development
IBU- International Banking Unit
ICICI- Industrial Credit and Investment Corporation of India
ICRA- Investment Information and Credit Rating Agency
IDB- Islamic Development Bank
IDBI- Industrial Development Bank of India
IDR- Indian Depository receipt
IDRBT- Institute for Development and Research in Banking Technology
IEPF- Investors Education and Protection Fund
IFSC- Indian Financial System Code
IFC- International Finance Corporation
KCC- Kissan Credit Card
KMB- Kotak Mahindra Bank
KVB- Karur Vysya Bank
KVIC- Khadi and Village Industries Corporation
KVP- Kissan Vikas Patra
KYC- Know Your Customer
LAB- Local Area Bank
LAF- Liquidity Adjustment Facility
LBS- Lead Bank Scheme
LDB- Land Development Bank
LERMS- Liberalized Exchange Rate Management System
OBC- Oriental Bank of Commerce
OCB- Overseas Corporate Bodies
OD- Over Draft
ODI- Overseas Derivative Instruments
RFC- Resident Foreign Currency
RIDF- Rural Infrastructure Development Fund
RML- Reverse Mortgage loan
RNBC- Residuary Non-banking Companies
RoA- Return on Asset
RoE- Return on Equity
OECD- Organization for Economic Cooperation and Development
OLTAS- Online Tax Accounting System
OMO- Open Market Operations
SARFAESI- Securitization And Reconstruction of Financial Asset And Enforcement of Securities Interest Act
SCB- Scheduled Commercial Bank
SCC- Selective Credit Control
SDR- Special Drawing Rights
SEBI- Securities and Exchange Board of India
SEAC- State Expert Appraisal Committee
SEPA- Single Euro Payment Area
SGB- Sovereign Gold Bond
SGSY- Swarna Jayanthi Gram Swarojgar Yojana
OTCEI- Over The Counter Exchange of India
SIDC- State Industrial Development Corporation
SCB- State Cooperative Apex Bank
SEZs- Special Economic Zones
SFCs- State Financial Corporations
SIDC- State Industrial Development Corporation
SIP- Systematic Investment Plan
SLR- Statutory Liquidity Ratio
TAN-  Transaction Number
TAN- Tax Deduction Account Number
TIN- Tax Information Number
TB- Treasury Bills
TDS- Tax Deducted at Source
UBI- United Bank of India
UBIN- Unique Business Identification Number
UCB- Urban Cooperative Bank

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