All Banking Abbreviations for Upcoming Bank Exam 2021

Banking Abbreviations
Banking Abbreviations

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.

List of Important Banking Abbreviations Asked in Previous Exams & Other Important Banking Abbreviations

ADAuthorized Dealer
ADBAsian Development Bank
ADRAmerican Depository Receipt
AEPSAadhar Enabled Payment Switch
AFSAnnual Financial Statement
AGMAnnual General Meeting
AIFAlternative Investment Fund
AIDBsAll India Development Banks
AIFIsAll India Financial Institutions
ALCOAsset Liability Committee
ALMAsset Liability Management
AMFIAssociation of Mutual Funds in India
AMLAnti Money Laundering
ANBCAdjusted Net Banking Credit
APACSAssociation of Payment and Clearing Service
ARCAsset Reconstruction Company
ASBAApplications Supported by Blocked Account
ASSOCHAMAssociated Chambers of Commerce and Industry of India
ATMAutomated Teller Machine
Important Baking Abbreviations – Starts with “B”
BACSBankers Automated Clearing System
BCBSBasel Committee on Banking Supervision
BCPBranch Credit Plan
BCSBIBanking Codes and Standards Board of India
BISBank for International Settlements
BOBanking Ombudsman
BOBBank Of Baroda
BOEBill Of Exchange
BOIBank Of India
BOPBalance Of Payments
BPLRBenchmark Prime Lending Rate
BSBDABasic Savings Bank Deposit Account
BSEBombay Stock Exchange
BSRBasic Statistical Returns
Important Banking Abbreviations – Starts with “C”
CAChartered Account
CAAPCapital Adequacy Assessment Process
CAGRCompound Annual Growth Rate
CADCapital Account Deficit
CAGComptroller and Auditor General
CARCapital Adequacy Ratio
CARECredit Analysis and Research Limited
CASACurrent Account Savings Account
CBSCore Banking Solution
CBTComputer-Based Terminal
CCCash Credit
CCILClearing Corporation of India Limited
CDCertificate of Deposit
CDRCorporate Debt Restructuring
CEPAComprehensive Economic Partnership Management
CFMSCentralized Fund Management System
CIBILCredit Information Bureau of India Limited
CIIConfederation of Indian Industry
CMISCurrency Management Information System
CPCommercial paper
CPIConsumer Price Index
CRARCapital to Risk Weighted Asset Ratio
CRISILCredit Rating Information Service of India Limited
CRMDCredit Risk Management Department
CRRCash Reserve Ratio
CSIRCouncil of Scientific and Industrial Research
CSOCentral Statistical Office
CSRCorporate Social Responsibility
CTSCheque Truncation System
CVCCentral Vigilance Commission
Important Banking Abbreviations – Starts with “D”
DBDena Bank
DBSDepartment of Banking Supervision
DCCBDistrict Central Cooperative Bank
DDDemand Draft
DFIDevelopment Financial Institutions
DICGCDeposit Insurance and Credit Guarantee Corporation
DPsDepository Participants
DPGDeferred Payment Guarantee
DPNDemand Promissory Note
DRATDebt Recovery Appellate Tribunal
DRIDifferential rate of Interest
DSADirect Selling Agent
DSCRDebt Service Coverage Ratio
DTAADouble Taxation Avoidance Agreement
Important Banking Abbreviations – Starts with “E”
EBRDEuropean Bank for Reconstruction and Development
EBTElectronic Benefit Transfer
ECBExternal Commercial Borrowings
ECSElectronic Clearing Service
EDEnforcement Directorate
EDFExport Development Fund
EDIElectronic Data Interchange
EDMUExternal Debt Management Unit
EDPEntrepreneurship Development Programme
EFTElectronic Fund Transfer
EEFCExchange Earners Foreign Currency
ELSSEquity Linked Savings Scheme
EMIEquated Monthly Installment
EPSEarnings Per Share
EPFEmployee Provident Fund
ESOPEmployee Stock Options
ETFExchange Trade Fund
EXIMExport Import Bank of India
Important Banking Abbreviations – Starts with “F”
FATFFinancial Action Task Force
FCAFinancial Currency Assets
FCCBForeign Currency Convertible Bond
FCDFully Convertible Debentures
FCNRAForeign Currency Non – Resident Account
FCNRDForeign Currency Non – Repatriable Deposit
FDIForeign Direct Investment
FEMAForeign Exchange Management Act
FEDAIForeign Exchange Dealers Association of India
FICCIFederation of International Chambers of Commerce and Industry
FIIForeign Institutional Investors
FIPBForeign Investment Promotion Board
FisFinancial Institutions
FINOFinancial Information Network and Operations Limited
FPIForeign Portfolio Investment
FRBMFiscal Responsibility and Budget Management Act, 2003
FTAFree Trade Agreement
Important Banking Abbreviations – Starts with “G”
GAARGeneral Anti Avoidance Rule
GDPGross Domestic Product
GDRGlobal Depository Receipt
GFDGross Fiscal Deficit
GICGeneral Insurance Corporation
GIROGovernment Internal Revenue Order
GMSGold Monetization Scheme
GSTGoods and Service Tax
GVAGross Value Added
GPDGross Primary Deficit
G-secGovernment Securities
Important Banking Abbreviations – Starts with “H”
HDFCHousing Development Finance Corporation
HFCHousing Finance Company
HFTHeld For Trading
HSBCHong Kong and Shanghai Banking Cooperation
HUDCOHousing and Urban Development Corporation
Important Banking Abbreviations – Starts with “I”
IAInternal Audit
IASIntegrated Account System
IBAIndian Banks Association
IBBIInsolvency and Bankruptcy Board of India
IBRDInternational Bank for Reconstruction and Development
IBUInternational Banking Unit
ICAOInternational Civil Aviation Organization
ICARInternational Council of Agricultural Research
ICMRInternational Council of Medical Research
ICICIIndustrial Credit and Investment Corporation of India
ICRAInvestment Information and Credit Rating Agency
IDBIslamic Development Bank
IDBIIndustrial Development Bank of India
IDRIndian Depository receipt
IDRBTInstitute for Development and Research in Banking Technology
IEPFInvestors Education and Protection Fund
IFSCIndian Financial System Code
IFCInternational Finance Corporation
IFCIIndustrial Finance Corporation of India
IIBFInternational Institute of Banking and Finance
IIBIIndustrial Investment Bank of India
IMPSImmediate Payment Service
IMFInternational Monetary Fund
IMTInstant Money Transfer
INFINETIndian Financial Network
IPOInitial Public Offer
IPPBIndia Post Payment Bank
IRDAInsurance Regulatory and Development Authority
IRDPIntegrated Rural Development Programme
IRRInternal Rate of Return
ISINInternational Securities Identification Number
ISOInternational Standard Organization
Important Banking Abbreviations – Starts with “J”
JLGsJoint Liability Groups
KCCKissan Credit Card
KMBKotak Mahindra Bank
KVBKarur Vysya Bank
KVICKhadi and Village Industries Corporation
KVPKissan Vikas Patra
KYCKnow Your Customer
LABLocal Area Bank
LAFLiquidity Adjustment Facility
LBSLead Bank Scheme
LDBLand Development Bank
LERMSLiberalized Exchange Rate Management System
LOCLines of Credit
LTCGLong-term Capital gain
LTVLoan To Value
LTFLong-term Finance
LTIFLong Term Irrigation Fund
Important Banking Abbreviations – Starts with “M”
MCAMinistry of Company Affairs
MCLRMarginal Cost of Fund based Lending Rate
MDRMerchant Discount Rate
MFDFMicro Finance Development Fund
MFIsMicro Financial Institutions
MIBORMumbai Inter Bank Offer Rate
MICRMagnetic Ink Character Recognition
MISManagement Information System
MSFMarginal Standing Facility
MSSMarket Stabilization Scheme
MUDRAMicro Units Development and Refinance Agency Bank
Important Banking Abbreviations – Starts with “N”
NABARDNational Bank for Agricultural and Rural Development
NACHNational Automated Clearing House
NAFCUBNational Federation of Urban Cooperative Banks and Credit Societies
NAVNet Asset Value
NASSCOMNational Association of Software and Services Companies
NBCNet Bank Credit
NBFCsNon Banking Financial Companies
NDANet Domestic Asset
NDTLNet Demand Time Liabilities
NEERNominal Effective Exchange Rate
NECSNational Electronic Clearing System
NEFTNational Electronic Fund Transfer
NFANo Frills Account
NGONon Government Organization
NHBNational Housing Bank
NIINet Interest Income
NPAsNon Performing Assets
NPCINational Payment Corporation of India
NPSNational Pension Scheme
NRENon Resident External (Rupee Account)
NRINon Resident Indian
NRONon Resident Ordinary Account
NSENational Stock Exchange
NSSNational Savings Scheme
NSFDCNational Scheduled castes Finance and Development Corporation
NSSFNational Small Savings Fund
Important Banking Abbreviations – Starts with “O”
OBCOriental Bank of Commerce
OCBOverseas Corporate Bodies
ODOver Draft
ODIOverseas Derivative Instruments
OECDOrganization for Economic Cooperation and Development
OLTASOnline Tax Accounting System
OMOOpen Market Operations
OTCEIOver The Counter Exchange of India
OTPOne Time Password
OTSOne Time Settlement
Important Banking Abbreviations – Starts with “P”
PACSPrimary Agricultural Credit Society
PANPermanent Account Number
PBTProfit Before Tax
PCAPrompt Corrective Action
PCDsPartly Convertible Debentures
PDsPrimary Dealers
PDOPublic Debt Office
PFRDAPension Fund Regulatory and Development Authority
PGSPayment Gateway System
PMAYPradhan Mantri Awas Yojana
PINPersonal Identification number
PIOPeople of Indian Origin
PISPortfolio Investment Scheme
PKIPublic Key Infrastructure
PLIsPrime Lending Institutions
PLRPrime Lending Rate
PMLAPrevention of Money Laundering Act
POAPower Of Attorney
POSPoint Of Sale
PPFPublic Provident Fund
PPIsPrepaid Payment Instruments
PUCPaid Up Capital
Important Banking Abbreviations
QIBsQualified Institutional Bankers
RBIReserve Bank of India
RBSRoyal Bank of Scotland
RDBMSRelational Database Management System
RFIDRadio Frequency Identification
RFCResident Foreign Currency
RIDFRural Infrastructure Development Fund
RMLReverse Mortgage loan
RNBCsResiduary Non Banking Companies
RoAReturn on Asset
RoEReturn on Equity
RRBRegional Rural Bank
RTGSReal Time Gross Settlement
RWARisk Weighted Asset
Important Banking Abbreviations – Starts with “S”
SARFAESISecuritization And Reconstruction of Financial Asset And Enforcement of Securities Interest Act
SCBScheduled Commercial Bank
SCCSelective Credit Control
SDRSpecial Drawing Rights
SEBISecurities and Exchange Board of India
SEACState Expert Appraisal Committee
SEPASingle Euro Payment Area
SGBSovereign Gold Bond
SGSYSwarna Jayanthi Gram Swarojgar Yojana
SHGSelf Help group
SIDBISmall Industries and Development Bank of India
SIDCState Industrial Development Corporation
SCBState Cooperative Apex Bank
SEZsSpecial Economic Zones
SFCsState Financial Corporations
SIDCState Industrial Development Corporation
SIPSystematic Investment Plan
SLRStatutory Liquidity Ratio
SMESmall Medium Enterprises
SPNSShared Payment Network System
SSIsSmall Scale Industries
STFShort Term Finance
SWIFTSociety for Worldwide Interbank Telecommunication
Important Banking Abbreviations – Starts with “T”
T/TTelegraphic Transfer
TANTransaction Number/Tax Deduction Account Number
TINTax Information Number
TBsTreasury Bills
TDSTax Deducted at Source
UBIUnited Bank of India
UBINUnique Business Identification Number
UCBUrban Cooperative Bank
UIDAIUnique Identification Authority of India
UPIUnified Payment Interface
UPINUnique Property Identification Number
USDUnited States Dollar
USSDUnstructured Supplementary Service Data
UTIUnit Trust of India
VDBSVertically Differentiated Banking System
VCFsVenture Capital funds
VCPVillage Credit Plan
VPAVirtual Payment Address
Important Banking Abbreviations – Starts with “W”
WANWide Area Network
WBCISWeather Based Crop Insurance Scheme
WCDLWorking Capital Demand Loan
WCTLWorking Capital Term Loan
WL ATMWhite Label ATM
WMAWays and Means Advances
WPIWholesale Price Index
WOSWholly Owned Subsidiary
WWWWorld Wide Web
YTMYield To Maturity

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