Important Abbreviations in Banking

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Important Abbreviations in Banking Pdf - Dear Readers, here we are providing Important Abbreviations in Banking/ Important Banking Terms Full forms,  which will be asked in IBPS RRB SBI PO Clerk Bank Exam for 1 or 2 marks under Banking Awareness/ General Awareness  section. You can also download Important Abbreviations in Banking in Pdf format.

Important Abbreviations in Banking

Acronyms	Important Abbreviations in Banking
ADB	Asian Development Bank
ADF	Automated Data Flow
ADR	American Depository Receipt
AEPS	Aadhaar Enabled Payment System
AIF	Alternative Investment Fund
AIFI	All India Financial Institutions
AIIB	Asian Infrastructure Investment Bank
ALCO	Asset/ Liability Committee
ALM	Asset Liability Management
AMFI	Association of Mutual Funds in India
AML	Anti-Money Laundering
ANBC	Adjusted Net Bank Credit
APBS	Aadhaar Payment Bridge System
ARC	Asset Reconstruction Companies
ARCIL	Asset Reconstruction Companies India Limited
ARM	Adjustable-Rate Mortgage
ASBA	Applications Supported by Blocked Amount
ASSOCHAM	Associated Chambers of Commerce and Industry of India
ATM	Automated Teller Machine
BBB	Bank Board Bureau
BBPS	Bharat Bill Payment System
BCBS	Basel Committee on Banking Supervision
BCSBI	Banking Codes and Standards Board of India
BHIM App	Bharat Interface for Money Application
BIRD	Bankers Institute of Rural Development
BIS	Bank for International Settlements
BOP	Balance of Payments
BPLR	Benchmark Prime Lending Rate
BRBNMPL	Bharatiya Reserve Bank Note Mudran Private Limited
BSBDA	Basic Savings Bank Deposit Account
BSE	Bombay Stock Exchange
BSR	Basic Statistical Returns
CAG	Controller and Auditor General
CAR	Capital Adequacy Ratio
CARE	Credit Analysis and Research Limited
CASA	Current and Savings Accounts
CBDT	Central Board of Direct Taxes
CBLO	Collateralized Borrowing and Lending Obligation
CBS	CORE Banking Solution
CCEA	Cabinet Committee on Economic Affairs
CCIL	Clearing Corporation of India Limited
CD	Certificate of Deposit
CDR	Corporate Debt Restructuring
CDS	Credit Default Swap
CECA	Comprehensive Economic Cooperation Agreement
CEPA	Comprehensive Economic Partnership Agreement
CIBIL	Credit Information Bureau of India Limited
CII	Confederation of Indian Industry
CMS	Cash Management Services
CORE	Centralized Online Real-time Exchange
CP	Commercial Paper
CPFF	Commercial Paper Funding Facility
CPI	Consumer Price Index
CRAR	Capital To Risk Weighted Asset Ratio
CRISIL	Credit Rating Information Services Of India
CRM	Customer Relationship Management
CRR	Cash Reserve Ratio
CSP	Customer Service Point
CSR	corporate social responsibility
CTS	Cheque Truncation System
CUB	City Union Bank
CVA	Credit valuation adjustment
DICGC	Deposit Insurance and Credit Guarantee Corporation
DIPP	Department of Industrial Policy and Promotion
DPG	Deferred Payment Guarantee
DPN	Demand Promissory Note
DRAT	Debt Recovery Appellate Tribunal
DRI	Differential Rate Of Interest
DRT	Debts Recovery Tribunal
DSCR	Debt Service Coverage Ratio
D-SIBs	Domestic Systemically Important Banks
DTAA	Double Taxation Avoidance Agreement
ECB	External Commercial Borrowings
ECGC	Export Credit Guarantee Corporation of India
ECS	Electronic Clearing System
EDF	Export Development Fund
EDI	Electronic Data Interchange
EEFC	Exchange Earners Foreign Currency Account
EFSF	European Financial Stability Facility
EFTPOS	Electronic Funds Transfer At Point Of Sale
EIB	European Investment Bank
ELSS	Equity Linked Saving Scheme
EMI	Equated Monthly Installment
EPFO	Employees’ Provident Fund Organisation
EPOS	Electronic Point Of Sale
ETF	Exchange-traded fund
EXIM	Export Import Bank of India
FATF	Financial Action Task Force
FCA	Financial Conduct Authority
FCCB	Foreign Currency Convertible Bond
FCNR	Foreign Currency Non-Repatriable account deposits
FDI	Foreign Direct Investment
FEDAI	Foreign Exchange Dealers Association Of India
FERA	Foreign Exchange Regulation Act
FICCI	Federation of Indian Chambers of Commerce and Industry
FII	Foreign Institutional Investor
FIMMDA	Fixed Income Money Markets and Derivatives Association of India
FINO	Financial Inclusion Network Operations
FIPB	Foreign Investment Promotion Board
FPI	Foreign Portfolio Investment
FPO	follow-on public offer
FRBMA	Fiscal Responsibility and Budget Management Act
FSLRC	Financial Sector Legislative Reforms Commission
FSRASC	Financial Sector Regulatory Appointment Search Committee
FTA	Free Trade Agreement
GAAR	General Anti Avoidance Rule
GDP	Gross Domestic Product
GDR	Global Depository Receipt
GIRO	Goverment Internal Revenue Order
GMS	Gold Monetisation Scheme
G-SIBs	Global Systemically Important Banks
GST	Goods and Services Tax
GSTN	Goods and Services Network
GVA	Gross value added
HDFC	Housing Development Finance Corporation
HNI	High net worth individual
HUF	Hindu Undivided Family
IADB	Inter-American Development Bank
IAF	India Aspiration Fund
IBA	Indian Banks' Association
IBBI	Insolvency and Bankruptcy Board of India
IBPS	Institute of Banking Personnel Selection
IBRD	International Bank for Reconstruction and Development
IBU	IFSC Banking Unit
ICICI	Industrial Credit and Investment Corporation of India
ICRA	Investment Information and Credit Rating Agency of India Limited
IDB	Islamic Development Bank
IDBI	Industrial Development Bank of India
IDF	Infrastructure Development Fund
IDR	Indian Depository Receipts
IDRBT	Institute for Development & Research in Banking Technology
IDS	Income Declaration Scheme
IEPF	Investors Education and Protection Fund
IFC	International Finance Corporation
IGIDR	Indira Gandhi Institute of Development Research
IGST	Integrated Goods and Services Tax
IIB	International Investment Bank
IIBF	Indian Institute of Banking and Finance
IIBI	Industrial Investment Bank of India
IMF	International Monetary Fund
IMPS	Immediate Payment Service
IMT	Instant Money Transfer
INFINET	Indian Financial Network
InvITs	Infrastructure Investment Trusts
IPO	Initial Public Offering
IPPB	India Post Payments Bank
IRDA	Insurance Regulatory and Development Authority of India
IRR	Internal Rate Of Return
ISA	Individual Savings Account
ITF	in trust for
JLF	Joint Lenders' Forum
KCC	Kisan Credit Card
KGC	Kisan Gold Card
KMB	Kotak Mahindra Bank
KVB	Karur Vysya Bank
KVIC	Khadi and Village Industries Commission
KVP	Kisan Vikas Patra
KYC	Know Your Customer
LAB	Local Area Bank
LAF	Liquidity Adjustment Facility
LDB	Land Development Bank
LERMS	Liberalized Exchange Rate Management System
LIBOR	London Inter-Bank Offered Rate
LIC	Life Insurance Corporation Of India
MCLR	Marginal Cost of Funds based Lending Rate
MDB	Multilateral Development Banks
MDR	Merchant Discount Rate
MFDF	Micro Finance Development Fund
MFI	Micro Finance Institutions
MIBID	Mumbai Interbank Bid Rate
MIBOR	Mumbai Inter Bank Offered Rate
MICR	Magnetic Ink Character Recognition
MIS	Management Information System
MMID	Mobile Money Identifier
MMTC	Metals and Minerals Trading Corporation of India
MOD	Multi Option Deposit Account
MPC	Monetary Policy Committee
MSF	Marginal Standing Facility
MSMED	Micro, Small and Medium Enterprises Development
MSS	Market Stabilisation Scheme
MTN	Medium Term Note
MUDRA	Micro Units Development And Refinance Agency
NABARD	National Bank For Agricultural And Rural Development
NACH	National Automated Clearing House
NASDAQ	National Association for Securities Dealers Automated Quotations
NAV	Net Asset Value
NBFC	Non-Banking Financial Company
NDS	Negotiated Dealing System
NDTL	Net Demand and Time Liabilities
NECS	National Electronic Clearing Service
NEFT	National Electronic Funds Transfer
NFC	Near-field communication
NFS	National Financial Switch
NHB	National Housing Bank
NIBM	National Institute of Bank Management
NPA	Non-Performing Assets
NPCI	National Payments Corporation Of India
NPS	National Pension System
NPV	Net Present Value
NRE	Non Resident External Account
NRI	Non Resident Indian
NRO	Non-Resident Ordinary savings account
NSE	National Stock Exchange
NSFDC	National Scheduled Castes Finance And Development Corporation
NUUP	National Unified USSD Platform
OECD	Organisation For Economic Cooperation And Development
OLTAS	Online Tax Accounting System
OMO	Open Market Operations
ORM	Operational Risk management
OTCEI	Over the Counter Exchange Of India
OTP	One-Time Password
OVD	Officially Valid Documents
PACS	Primary Agricultural Credit Society
PAN	Permanent Account Number
PDO	Public Debt Office
PFRDA	Pension Fund Regulatory and Development Authority
PIN	Personal Identification Number
PIS	Portfolio Investment Scheme
P-Notes	Participatory Notes
POA	Power of Attorney
PoS	Point of Sale
PPF	Public Provident Fund
PPI	Payment protection insurance
PPP	Public Private Partnership/ Purchasing Power Parity
PRSF	Partial Risk Sharing Facility
PSBs	Public Sector Banks
PSL	Priority Sector Lending
PSS Act	Payment and Settlement Systems Act
QFI	Qualified Foriegn Investors
QIB	Qualified Institutional Buyer
QIP	Qualified Institutional Placement
RBI	Reserve Bank of India
RBS	Royal Bank of Scotland
RDBMS	Relational Database Management System
RDDBFI	Recovery of Debts Due to Banks and Financial Institutions
REC	Rural Electrification Corporation
REITs	Real Estate Investment Trusts
RFC	Resident Foreign Currency
RFID	Radio-Frequency Identification
RIDF	Rural Infrastructure Development Fund
RoA	Return On Assets
RoE	Return On Equity
RRB	Regional Rural Bank
RTGS	Real Time Gross Settlement
RWA	Risk Weighted Assets
S4A	Scheme for Sustainable Structuring of Stressed Assets
SARFAESI	Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
SBI	State Bank of India
SBNs	Specified Bank Notes
SCB	Scheduled Commercial Bank
SCC	Selective Credit Control
SDR	Special Drawing Rights
SEBI	Securities and Exchange Board of India
SENSEX	Sensitive Index
SEPA	Single Euro Payments Area
SEZ	Special Economic Zone
SFMS	Structured Financial Messaging System
SGB	Sovereign Gold Bond
SHG	Self Help Group
SIDBI	Small Industries Development Bank Of India
SIFI	Systematically Important Financial Institution
SIP	Systematic Investment Plan
SIPS	Systemically Important Payment Systems
SLR	Statutory Reserve Ratio
SMERA	SME Rating Agency of India Limited
SMILE	SIDBI Make in India Loan for Enterprises
SPMCIL	Security Printing and Minting Corporation of India Limited
SPNS	Shared Payment Network System
SSSBE	Small-scale Service and Business Enterprises
STP	Straight-through Processing
SWIFT	Society For World Wide Inter Bank Financial Telecommunication
TARC	Tax Administration Reform Commission
TCS	Tax Collected at Source
TDR	Term Deposit Receipt
TDS	Tax Deducted at Source
TIEA	Tax Information Exchange Agreement
TIN	Taxpayer Identification Number
UEBA	Universal Electronic Bank Account
UIDAI	Unique Identification Authority of India
UPI	Unified Payment Interface
USB	Ultra Small Branch
USSD	Unstructured Supplementary Service Data
UTI	Unit Trust of India
VDBS	Vertically Differentiated Banking System
VPA	Virtual Payment Address
WBCIS	Weather Based Crop Insurance Scheme
WCTL	Working Capital Term Loan
WLAs	White Label ATMs
WMA	Ways and Means Advances
WPI	Wholesale Price Index
YTM	Yield to MaturityImportant Abbreviations in Banking Pdf - Dear Readers, here we are providing Important Abbreviations in Banking/ Important Banking Terms Full forms,  which will be asked in IBPS RRB SBI PO Clerk Bank Exam for 1 or 2 marks under Banking Awareness/ General Awareness  section. You can also download Important Abbreviations in Banking in Pdf format. Important Abbreviations in Banking Acronyms Important Abbreviations in Banking ADB Asian Development Bank ADF Automated Data Flow ADR American Depository Receipt AEPS Aadhaar Enabled Payment System AIF Alternative Investment Fund AIFI All India Financial Institutions AIIB Asian Infrastructure Investment Bank ALCO Asset/ Liability Committee ALM Asset Liability Management AMFI Association of Mutual Funds in India AML Anti-Money Laundering ANBC Adjusted Net Bank Credit APBS Aadhaar Payment Bridge System ARC Asset Reconstruction Companies ARCIL Asset Reconstruction Companies India Limited ARM Adjustable-Rate Mortgage ASBA Applications Supported by Blocked Amount ASSOCHAM Associated Chambers of Commerce and Industry of India ATM Automated Teller Machine BBB Bank Board Bureau BBPS Bharat Bill Payment System BCBS Basel Committee on Banking Supervision BCSBI Banking Codes and Standards Board of India BHIM App Bharat Interface for Money Application BIRD Bankers Institute of Rural Development BIS Bank for International Settlements BOP Balance of Payments BPLR Benchmark Prime Lending Rate BRBNMPL Bharatiya Reserve Bank Note Mudran Private Limited BSBDA Basic Savings Bank Deposit Account BSE Bombay Stock Exchange BSR Basic Statistical Returns CAG Controller and Auditor General CAR Capital Adequacy Ratio CARE Credit Analysis and Research Limited CASA Current and Savings Accounts CBDT Central Board of Direct Taxes CBLO  Collateralized Borrowing and Lending Obligation CBS CORE Banking Solution CCEA Cabinet Committee on Economic Affairs CCIL Clearing Corporation of India Limited CD Certificate of Deposit CDR  Corporate Debt Restructuring CDS Credit Default Swap CECA Comprehensive Economic Cooperation Agreement CEPA Comprehensive Economic Partnership Agreement CIBIL Credit Information Bureau of India Limited CII Confederation of Indian Industry CMS Cash Management Services CORE Centralized Online Real-time Exchange CP Commercial Paper CPFF Commercial Paper Funding Facility CPI Consumer Price Index CRAR Capital To Risk Weighted Asset Ratio CRISIL Credit Rating Information Services Of India CRM Customer Relationship Management CRR Cash Reserve Ratio CSP Customer Service Point CSR corporate social responsibility CTS Cheque Truncation System CUB City Union Bank CVA Credit valuation adjustment DICGC Deposit Insurance and Credit Guarantee Corporation DIPP Department of Industrial Policy and Promotion DPG Deferred Payment Guarantee DPN Demand Promissory Note DRAT Debt Recovery Appellate Tribunal DRI Differential Rate Of Interest DRT Debts Recovery Tribunal DSCR Debt Service Coverage Ratio D-SIBs Domestic Systemically Important Banks DTAA Double Taxation Avoidance Agreement ECB External Commercial Borrowings ECGC Export Credit Guarantee Corporation of India ECS Electronic Clearing System EDF Export Development Fund EDI Electronic Data Interchange EEFC Exchange Earners Foreign Currency Account EFSF European Financial Stability Facility EFTPOS Electronic Funds Transfer At Point Of Sale EIB European Investment Bank ELSS Equity Linked Saving Scheme EMI Equated Monthly Installment EPFO Employees’ Provident Fund Organisation EPOS Electronic Point Of Sale ETF Exchange-traded fund EXIM Export Import Bank of India FATF Financial Action Task Force FCA Financial Conduct Authority FCCB Foreign Currency Convertible Bond FCNR Foreign Currency Non-Repatriable account deposits FDI Foreign Direct Investment FEDAI Foreign Exchange Dealers Association Of India FERA Foreign Exchange Regulation Act FICCI Federation of Indian Chambers of Commerce and Industry FII Foreign Institutional Investor FIMMDA Fixed Income Money Markets and Derivatives Association of India FINO Financial Inclusion Network Operations FIPB Foreign Investment Promotion Board FPI Foreign Portfolio Investment FPO follow-on public offer FRBMA Fiscal Responsibility and Budget Management Act FSLRC Financial Sector Legislative Reforms Commission FSRASC Financial Sector Regulatory Appointment Search Committee FTA Free Trade Agreement GAAR General Anti Avoidance Rule GDP Gross Domestic Product GDR Global Depository Receipt GIRO Goverment Internal Revenue Order GMS Gold Monetisation Scheme G-SIBs Global Systemically Important Banks GST Goods and Services Tax GSTN Goods and Services Network GVA Gross value added HDFC Housing Development Finance Corporation HNI High net worth individual HUF Hindu Undivided Family IADB Inter-American Development Bank IAF India Aspiration Fund IBA Indian Banks' Association IBBI Insolvency and Bankruptcy Board of India IBPS Institute of Banking Personnel Selection IBRD International Bank for Reconstruction and Development IBU IFSC Banking Unit ICICI Industrial Credit and Investment Corporation of India ICRA Investment Information and Credit Rating Agency of India Limited IDB Islamic Development Bank IDBI Industrial Development Bank of India IDF Infrastructure Development Fund IDR Indian Depository Receipts IDRBT Institute for Development & Research in Banking Technology IDS Income Declaration Scheme IEPF Investors Education and Protection Fund IFC International Finance Corporation IGIDR Indira Gandhi Institute of Development Research IGST Integrated Goods and Services Tax IIB International Investment Bank IIBF Indian Institute of Banking and Finance IIBI Industrial Investment Bank of India IMF International Monetary Fund IMPS Immediate Payment Service IMT Instant Money Transfer INFINET Indian Financial Network InvITs Infrastructure Investment Trusts IPO Initial Public Offering IPPB India Post Payments Bank IRDA Insurance Regulatory and Development Authority of India IRR Internal Rate Of Return ISA Individual Savings Account ITF in trust for JLF Joint Lenders' Forum KCC Kisan Credit Card KGC Kisan Gold Card KMB Kotak Mahindra Bank KVB Karur Vysya Bank KVIC Khadi and Village Industries Commission KVP Kisan Vikas Patra KYC Know Your Customer LAB Local Area Bank LAF Liquidity Adjustment Facility LDB Land Development Bank LERMS Liberalized Exchange Rate Management System LIBOR London Inter-Bank Offered Rate LIC Life Insurance Corporation Of India MCLR Marginal Cost of Funds based Lending Rate MDB Multilateral Development Banks MDR Merchant Discount Rate MFDF Micro Finance Development Fund MFI Micro Finance Institutions MIBID Mumbai Interbank Bid Rate MIBOR Mumbai Inter Bank Offered Rate MICR Magnetic Ink Character Recognition MIS Management Information System MMID Mobile Money Identifier MMTC Metals and Minerals Trading Corporation of India MOD Multi Option Deposit Account MPC Monetary Policy Committee MSF Marginal Standing Facility MSMED Micro, Small and Medium Enterprises Development MSS Market Stabilisation Scheme MTN Medium Term Note MUDRA Micro Units Development And Refinance Agency NABARD National Bank For Agricultural And Rural Development NACH National Automated Clearing House NASDAQ National Association for Securities Dealers Automated Quotations NAV Net Asset Value NBFC Non-Banking Financial Company NDS Negotiated Dealing System NDTL Net Demand and Time Liabilities NECS National Electronic Clearing Service NEFT National Electronic Funds Transfer NFC Near-field communication NFS National Financial Switch NHB National Housing Bank NIBM National Institute of Bank Management NPA Non-Performing Assets NPCI National Payments Corporation Of India NPS National Pension System NPV Net Present Value NRE Non Resident External Account NRI Non Resident Indian NRO Non-Resident Ordinary savings account NSE National Stock Exchange NSFDC National Scheduled Castes Finance And Development Corporation NUUP National Unified USSD Platform OECD Organisation For Economic Cooperation And Development OLTAS Online Tax Accounting System OMO Open Market Operations ORM Operational Risk management OTCEI Over the Counter Exchange Of India OTP One-Time Password OVD Officially Valid Documents PACS Primary Agricultural Credit Society PAN Permanent Account Number PDO Public Debt Office PFRDA Pension Fund Regulatory and Development Authority PIN Personal Identification Number PIS Portfolio Investment Scheme P-Notes Participatory Notes POA Power of Attorney PoS Point of Sale PPF Public Provident Fund PPI Payment protection insurance PPP Public Private Partnership/ Purchasing Power Parity PRSF Partial Risk Sharing Facility PSBs Public Sector Banks PSL Priority Sector Lending PSS Act Payment and Settlement Systems Act QFI Qualified Foriegn Investors QIB Qualified Institutional Buyer QIP Qualified Institutional Placement RBI Reserve Bank of India RBS Royal Bank of Scotland RDBMS Relational Database Management System RDDBFI Recovery of Debts Due to Banks and Financial Institutions REC Rural Electrification Corporation REITs Real Estate Investment Trusts RFC Resident Foreign Currency RFID Radio-Frequency Identification RIDF Rural Infrastructure Development Fund RoA Return On Assets RoE Return On Equity RRB Regional Rural Bank RTGS Real Time Gross Settlement RWA Risk Weighted Assets S4A Scheme for Sustainable Structuring of Stressed Assets SARFAESI Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest SBI State Bank of India SBNs Specified Bank Notes SCB Scheduled Commercial Bank SCC Selective Credit Control SDR Special Drawing Rights SEBI Securities and Exchange Board of India SENSEX Sensitive Index SEPA Single Euro Payments Area SEZ Special Economic Zone SFMS Structured Financial Messaging System SGB Sovereign Gold Bond SHG Self Help Group SIDBI Small Industries Development Bank Of India SIFI Systematically Important Financial Institution SIP Systematic Investment Plan SIPS Systemically Important Payment Systems SLR Statutory Reserve Ratio SMERA SME Rating Agency of India Limited SMILE SIDBI Make in India Loan for Enterprises SPMCIL Security Printing and Minting Corporation of India Limited SPNS Shared Payment Network System SSSBE Small-scale Service and Business Enterprises STP Straight-through Processing SWIFT Society For World Wide Inter Bank Financial Telecommunication TARC Tax Administration Reform Commission TCS Tax Collected at Source TDR Term Deposit Receipt TDS Tax Deducted at Source TIEA Tax Information Exchange Agreement TIN Taxpayer Identification Number UEBA Universal Electronic Bank Account UIDAI Unique Identification Authority of India UPI Unified Payment Interface USB Ultra Small Branch USSD Unstructured Supplementary Service Data UTI Unit Trust of India VDBS Vertically Differentiated Banking System VPA Virtual Payment Address WBCIS Weather Based Crop Insurance Scheme WCTL Working Capital Term Loan WLAs White Label ATMs WMA Ways and Means Advances WPI Wholesale Price Index YTM Yield to Maturity