Important Abbreviations in Banking

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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

AcronymsImportant Abbreviations in Banking
ADBAsian Development Bank
ADFAutomated Data Flow
ADRAmerican Depository Receipt
AEPSAadhaar Enabled Payment System
AIFAlternative Investment Fund
AIFIAll India Financial Institutions
AIIBAsian Infrastructure Investment Bank
ALCOAsset/ Liability Committee
ALMAsset Liability Management
AMFIAssociation of Mutual Funds in India
AMLAnti-Money Laundering
ANBCAdjusted Net Bank Credit
APBSAadhaar Payment Bridge System
ARCAsset Reconstruction Companies
ARCILAsset Reconstruction Companies India Limited
ARMAdjustable-Rate Mortgage
ASBAApplications Supported by Blocked Amount
ASSOCHAMAssociated Chambers of Commerce and Industry of India
ATMAutomated Teller Machine
BBBBank Board Bureau
BBPSBharat Bill Payment System
BCBSBasel Committee on Banking Supervision
BCSBIBanking Codes and Standards Board of India
BHIM AppBharat Interface for Money Application
BIRDBankers Institute of Rural Development
BISBank for International Settlements
BOPBalance of Payments
BPLRBenchmark Prime Lending Rate
BRBNMPLBharatiya Reserve Bank Note Mudran Private Limited
BSBDABasic Savings Bank Deposit Account
BSEBombay Stock Exchange
BSRBasic Statistical Returns
CAGController and Auditor General
CARCapital Adequacy Ratio
CARECredit Analysis and Research Limited
CASACurrent and Savings Accounts
CBDTCentral Board of Direct Taxes
CBLO Collateralized Borrowing and Lending Obligation
CBSCORE Banking Solution
CCEACabinet Committee on Economic Affairs
CCILClearing Corporation of India Limited
CDCertificate of Deposit
CDR Corporate Debt Restructuring
CDSCredit Default Swap
CECAComprehensive Economic Cooperation Agreement
CEPAComprehensive Economic Partnership Agreement
CIBILCredit Information Bureau of India Limited
CIIConfederation of Indian Industry
CMSCash Management Services
CORECentralized Online Real-time Exchange
CPCommercial Paper
CPFFCommercial Paper Funding Facility
CPIConsumer Price Index
CRARCapital To Risk Weighted Asset Ratio
CRISILCredit Rating Information Services Of India
CRMCustomer Relationship Management
CRRCash Reserve Ratio
CSPCustomer Service Point
CSRcorporate social responsibility
CTSCheque Truncation System
CUBCity Union Bank
CVACredit valuation adjustment
DICGCDeposit Insurance and Credit Guarantee Corporation
DIPPDepartment of Industrial Policy and Promotion
DPGDeferred Payment Guarantee
DPNDemand Promissory Note
DRATDebt Recovery Appellate Tribunal
DRIDifferential Rate Of Interest
DRTDebts Recovery Tribunal
DSCRDebt Service Coverage Ratio
D-SIBsDomestic Systemically Important Banks
DTAADouble Taxation Avoidance Agreement
ECBExternal Commercial Borrowings
ECGCExport Credit Guarantee Corporation of India
ECSElectronic Clearing System
EDFExport Development Fund
EDIElectronic Data Interchange
EEFCExchange Earners Foreign Currency Account
EFSFEuropean Financial Stability Facility
EFTPOSElectronic Funds Transfer At Point Of Sale
EIBEuropean Investment Bank
ELSSEquity Linked Saving Scheme
EMIEquated Monthly Installment
EPFOEmployees’ Provident Fund Organisation
EPOSElectronic Point Of Sale
ETFExchange-traded fund
EXIMExport Import Bank of India
FATFFinancial Action Task Force
FCAFinancial Conduct Authority
FCCBForeign Currency Convertible Bond
FCNRForeign Currency Non-Repatriable account deposits
FDIForeign Direct Investment
FEDAIForeign Exchange Dealers Association Of India
FERAForeign Exchange Regulation Act
FICCIFederation of Indian Chambers of Commerce and Industry
FIIForeign Institutional Investor
FIMMDAFixed Income Money Markets and Derivatives Association of India
FINOFinancial Inclusion Network Operations
FIPBForeign Investment Promotion Board
FPIForeign Portfolio Investment
FPOfollow-on public offer
FRBMAFiscal Responsibility and Budget Management Act
FSLRCFinancial Sector Legislative Reforms Commission
FSRASCFinancial Sector Regulatory Appointment Search Committee
FTAFree Trade Agreement
GAARGeneral Anti Avoidance Rule
GDPGross Domestic Product
GDRGlobal Depository Receipt
GIROGoverment Internal Revenue Order
GMSGold Monetisation Scheme
G-SIBsGlobal Systemically Important Banks
GSTGoods and Services Tax
GSTNGoods and Services Network
GVAGross value added
HDFCHousing Development Finance Corporation
HNIHigh net worth individual
HUFHindu Undivided Family
IADBInter-American Development Bank
IAFIndia Aspiration Fund
IBAIndian Banks' Association
IBBIInsolvency and Bankruptcy Board of India
IBPSInstitute of Banking Personnel Selection
IBRDInternational Bank for Reconstruction and Development
IBUIFSC Banking Unit
ICICIIndustrial Credit and Investment Corporation of India
ICRAInvestment Information and Credit Rating Agency of India Limited
IDBIslamic Development Bank
IDBIIndustrial Development Bank of India
IDFInfrastructure Development Fund
IDRIndian Depository Receipts
IDRBTInstitute for Development & Research in Banking Technology
IDSIncome Declaration Scheme
IEPFInvestors Education and Protection Fund
IFCInternational Finance Corporation
IGIDRIndira Gandhi Institute of Development Research
IGSTIntegrated Goods and Services Tax
IIBInternational Investment Bank
IIBFIndian Institute of Banking and Finance
IIBIIndustrial Investment Bank of India
IMFInternational Monetary Fund
IMPSImmediate Payment Service
IMTInstant Money Transfer
INFINETIndian Financial Network
InvITsInfrastructure Investment Trusts
IPOInitial Public Offering
IPPBIndia Post Payments Bank
IRDAInsurance Regulatory and Development Authority of India
IRRInternal Rate Of Return
ISAIndividual Savings Account
ITFin trust for
JLFJoint Lenders' Forum
KCCKisan Credit Card
KGCKisan Gold Card
KMBKotak Mahindra Bank
KVBKarur Vysya Bank
KVICKhadi and Village Industries Commission
KVPKisan Vikas Patra
KYCKnow Your Customer
LABLocal Area Bank
LAFLiquidity Adjustment Facility
LDBLand Development Bank
LERMSLiberalized Exchange Rate Management System
LIBORLondon Inter-Bank Offered Rate
LICLife Insurance Corporation Of India
MCLRMarginal Cost of Funds based Lending Rate
MDBMultilateral Development Banks
MDRMerchant Discount Rate
MFDFMicro Finance Development Fund
MFIMicro Finance Institutions
MIBIDMumbai Interbank Bid Rate
MIBORMumbai Inter Bank Offered Rate
MICRMagnetic Ink Character Recognition
MISManagement Information System
MMIDMobile Money Identifier
MMTCMetals and Minerals Trading Corporation of India
MODMulti Option Deposit Account
MPCMonetary Policy Committee
MSFMarginal Standing Facility
MSMEDMicro, Small and Medium Enterprises Development
MSSMarket Stabilisation Scheme
MTNMedium Term Note
MUDRAMicro Units Development And Refinance Agency
NABARDNational Bank For Agricultural And Rural Development
NACHNational Automated Clearing House
NASDAQNational Association for Securities Dealers Automated Quotations
NAVNet Asset Value
NBFCNon-Banking Financial Company
NDSNegotiated Dealing System
NDTLNet Demand and Time Liabilities
NECSNational Electronic Clearing Service
NEFTNational Electronic Funds Transfer
NFCNear-field communication
NFSNational Financial Switch
NHBNational Housing Bank
NIBMNational Institute of Bank Management
NPANon-Performing Assets
NPCINational Payments Corporation Of India
NPSNational Pension System
NPVNet Present Value
NRENon Resident External Account
NRINon Resident Indian
NRONon-Resident Ordinary savings account
NSENational Stock Exchange
NSFDCNational Scheduled Castes Finance And Development Corporation
NUUPNational Unified USSD Platform
OECDOrganisation For Economic Cooperation And Development
OLTASOnline Tax Accounting System
OMOOpen Market Operations
ORMOperational Risk management
OTCEIOver the Counter Exchange Of India
OTPOne-Time Password
OVDOfficially Valid Documents
PACSPrimary Agricultural Credit Society
PANPermanent Account Number
PDOPublic Debt Office
PFRDAPension Fund Regulatory and Development Authority
PINPersonal Identification Number
PISPortfolio Investment Scheme
P-NotesParticipatory Notes
POAPower of Attorney
PoSPoint of Sale
PPFPublic Provident Fund
PPIPayment protection insurance
PPPPublic Private Partnership/ Purchasing Power Parity
PRSFPartial Risk Sharing Facility
PSBsPublic Sector Banks
PSLPriority Sector Lending
PSS ActPayment and Settlement Systems Act
QFIQualified Foriegn Investors
QIBQualified Institutional Buyer
QIPQualified Institutional Placement
RBIReserve Bank of India
RBSRoyal Bank of Scotland
RDBMSRelational Database Management System
RDDBFIRecovery of Debts Due to Banks and Financial Institutions
RECRural Electrification Corporation
REITsReal Estate Investment Trusts
RFCResident Foreign Currency
RFIDRadio-Frequency Identification
RIDFRural Infrastructure Development Fund
RoAReturn On Assets
RoEReturn On Equity
RRBRegional Rural Bank
RTGSReal Time Gross Settlement
RWARisk Weighted Assets
S4AScheme for Sustainable Structuring of Stressed Assets
SARFAESISecuritization and Reconstruction of Financial Assets and Enforcement of Security Interest
SBIState Bank of India
SBNsSpecified Bank Notes
SCBScheduled Commercial Bank
SCCSelective Credit Control
SDRSpecial Drawing Rights
SEBISecurities and Exchange Board of India
SENSEXSensitive Index
SEPASingle Euro Payments Area
SEZSpecial Economic Zone
SFMSStructured Financial Messaging System
SGBSovereign Gold Bond
SHGSelf Help Group
SIDBISmall Industries Development Bank Of India
SIFISystematically Important Financial Institution
SIPSystematic Investment Plan
SIPSSystemically Important Payment Systems
SLRStatutory Reserve Ratio
SMERASME Rating Agency of India Limited
SMILESIDBI Make in India Loan for Enterprises
SPMCILSecurity Printing and Minting Corporation of India Limited
SPNSShared Payment Network System
SSSBESmall-scale Service and Business Enterprises
STPStraight-through Processing
SWIFTSociety For World Wide Inter Bank Financial Telecommunication
TARCTax Administration Reform Commission
TCSTax Collected at Source
TDRTerm Deposit Receipt
TDSTax Deducted at Source
TIEATax Information Exchange Agreement
TINTaxpayer Identification Number
UEBAUniversal Electronic Bank Account
UIDAIUnique Identification Authority of India
UPIUnified Payment Interface
USBUltra Small Branch
USSDUnstructured Supplementary Service Data
UTIUnit Trust of India
VDBSVertically Differentiated Banking System
VPAVirtual Payment Address
WBCISWeather Based Crop Insurance Scheme
WCTLWorking Capital Term Loan
WLAsWhite Label ATMs
WMAWays and Means Advances
WPIWholesale Price Index
YTMYield to Maturity

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