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 |
