Important Banking Abbreviations or Full Forms


Here is the list of all important Abbreviations or full forms related to banking.


  • What is the full form of CVV - Card Verification Value
  • CDS Mean in Banking Term - Credit Default Swap 
  • Full form of FIMMDA- Fixed Income Money Markets & Derivatives Association 
  • DICGC means - Deposit Insurance and Credit Guarantee Corporation 
  • Full form of IRR is - Internal Rate of Return 
  • CDSL means - Central Depository Services Limited 
  • FSDC full form - Financial Stability and Development Council 
  • TIBOR full from - Tokyo Interbank Offered Rate 
  • ALM full from used in banking sector - Asset Liability Management 
  • Full form of MTSS - Money Transfer Service Scheme 
  • NDTL means in banking Terminology - Net Demand & Time Liabilities
  • Full form of SWIFT - Society for Worldwide Interbank Financial Telecommunication 
  • Full form of LIBOR - London Inter Bank Offered Rate 
  • IFSC Full from - Indian Financial System Code 
  • What is the full form of NAV? - Net Asset Value 
  • What is the full form of NIM? - Net Interest Margin 
  • Full form of CRR is - Cash Reserve Ratio 
  • What is the full form of FCCB? - Foreign Currency Convertible Bond

List of Important Acronyms or Full Forms for Bank & SSC Exams




Acronyms
Abbreviations
ABEDA
Arab Bank for Economic Development in Africa.
ACF
Auto Correlation Function.
ACS
Automated Clearing Systm.
AD
Authorized Dealer.
ADB
Asian Development Bank.
ADF
Automated Data Flow
ADR
American Depository Receipt.
AEPS
Aadhaar Enabled Payments Switch
AFS
Annual Financial Statement.
AGM
Annual General Meeting.
AIC
Agricultural Insurance Company.
AIF
Alternative Investment Fund
ALCO
Asset Liability Committee
ALM
Asset Liability Management
AMFL
Association of Mutual Funds in India.
AML
Anti-Money Laundering
AMRMS
Audit and Risk Monitoring Mechanism
ANBC
Adjusted Net Bank Credit
APBS
Aadhaar Payment Bridge System
ARC
Asset Reconstruction Companies
ASBA
Applications Supported Bank Accounts
ASSOCHAM
Associated Chambers of Commerce and Industry of India.
ATM
Automated Teller Machine.
BCBS
Basel Committee on Banking Supervision
BCSBI
Banking Codes and Standards Board of India
BIS
Bank for International Settlements.
BOB
Bank of Baroda.
BOE
Bill of Exchange
BOI
Bank of India.
BOP
Balance of Payments.
BOR
Bank of Rajasthan.
BOT
Build,Operate and Transfer.
BR Act
Banking Regulations Act, 1949.
BSCS
Basel Committee on Banking Supervision.
BSE
Bombay Stock Exchange.
BSR
Basic Statistical Returns.
CA
Chartered Accountant.
CAD
Current Account Deficit
CAG
Controller and Auditor General.
CAR
Capital Adequacy Ratio
CARE
Credit Analysis and Research Limited
CASA
Current and Savings Accounts
CB
Canara Bank.
CBLO
 Collateralized Bank Lending Obligations
CBS
Core Banking Solution.
CCIL
Clearing Corporation of India Limited
CCL
Cash Credit Limit
CDB
Caribbean Development Bank.
CDBS
Committee of Direction on Banking Statistics.
CDRS
 Corporate Debt Restructuring
CDS
Credit Default Swap.
CEPA
Comprehensive Economic Partnership Management.
CFRA
Combined Finance and Revenue Accounts.
CGRA
Currency and Gold Revaluation Account.
CIBIL
Credit Information Bureau of India Limited
CMIS
Currency Management Information
System
COB
Corporation Bank.
CP
Colombo Plan.
CPFF
Commercial Paper Funding Facility
CPI
Consumer Price Index.
CRAR
Capital To Risk Weighted Asset Ratio.
CRILC
Central Repository of Information on Large Credits
CRISIL
Credit Rating Information Services Of India
CRMD
Credit Risk Management Department.
CRR
Cash Reserve Ratio.
CSR
corporate social responsibility
CTI
Country Threat Index.
CUB
City Union Bank
DB
Dena Bank.
DPG
Deferred Payment Guarantee
DPN
Demand Promissory Note
DRAT
Debt Recovery Appellate Tribunal
DRI
Differential Rate Of Interest
DSCR
Debt Service Coverage Ratio
DTAA
Double Taxation Avoidance Agreement.
EADB
East African Development Bank.
EBRD
European Bank for Reconstruction and Development.
ECB
External Commercial Borrowings.
ECS
Electronic Clearing System.
EDF
Export Development Fund
EDI
Electronic Data Internchange
EDP
Entrepreneurship Development Programme
EEFC
Exchange Earners’ Foreign Currency
EFTPOS
Electronic Funds Transfer At Point Of Sale
EIB
European Investment Bank.
ELSS
Equity Linked Saving Scheme.
EMI
Equated Monthly Instalments
EPFO
Employees’ Provident Fund Organisation
EPOS
Electronic Point Of Sale
EPS
Earning per Share
ESOP
Employee Stock Options
EXIM
Export Import Bank of India.
FCA
Foreign Currency Assets.
FCCB
Foreign Currency Convertible Bond
FCNR
Foreign Currency Non Resident Deposit Accounts
FCNRA
Foreign Currency Non resident Account.
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.
FINO
Financial Information Network and Operation Limited
FIPB
Foreign Investment Promotion Board.
FOB
Free On Board
FPI
Foreign Portfolio Investment.
FSRASC
Financial Sector Regulatory Appointment Search Committee
FTA
Free Trade Agreement.
GAAR
General Anti Avoidance Rule.
GDP
Gross Domestic Product
GDR
Global Depository Receipt.
GFD
Gross Fiscal Deficit.
GIRO
Government Internal Revenue Order.
GMS
Gold Monetisation Scheme
GST
Goods and Services Tax
GSTN
Goods and Services Network
HDFC
Housing Development Finance Corporation.
IADB
Inter American Development Bank.
IAS
Integrated Accounting Systems
IBBI
Insolvency and Bankruptcy Board of India
IBPS
Institute of Banking Personnel Selection.
IBRD
International Bank for Reconstruction and Development
IBRD
International Bank For Reconstruction And Development.
IBU
International Banking Unit
ICA
Indian Council of Agricultural Research.
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.
IDR
Indian Depository Receipts.
IDRBT
Institute for Development and Research Of Banking
IEPF
Investors Education and Protection Fund
IFC
International Finance Corporation
IIB
International Investment Bank.
IIBF
Indian Institute of Banking and Finance.
IMD
India Millennium Deposits.
IMF
International Monetary Fund.
IMPS
Immediate Payment Service
IMT
Instant Money Transfer
IOB
Indian Overseas Bank.
IPO
Initial Public Offer
IPO
Initial Public Offering
IPPB
India Post Payments Bank
IRBI
Industrial Reconstruction Bank Of India.
IRDA
Insurance Regulatory and Development Authority of India
IROs
Interest rate options
IRR
Internal Rate Of Return.
ISCI
International Standard Industrial Classification
KCC
Kisan Credit Card
KMB
Kotak Mahindra Bank.
KVB
Karur Vysya Bank.
KVIC
Khadi and Village Industries Corporation
KVP
Kisan Vikas Patra
KYC
Know Your Customer Guidelines
LAB
Local Area Bank.
LAF
Liquidity Adjustment Facility
LAMPS
Large Sized Adivasi Multipurpose Societies
LDB
Land Development Bank.
LERMS
Liberalized Exchange Rate Management System
LIBOR
London Inter Bank Offered Rate.
LIC
Life Insurance Corporation Of India
LTCG
Long-Term Capital Gains
LTN
Long Term Note
MCA
Ministry Of Company Affairs
MCLR
Marginal Cost Of Lending Rate
MFDF
Micro Finance Development Fund
MIBOR
Mumbai Inter Bank Offer Rate.
MICR
Magnetic Ink Character Recognition
MIS
Management Information System
MSS
Market Stabilisation Scheme
MTN
Medium Term Note
MUDRA
Micro Units Development And Refinance Agency
NABARD
National Bank For Agricultural And Rural Development.
NAS
National Account Statistics.
NAV
Net Asset Value.
NBC
Non Banking Companies.
NBFC
Non Banking Finance Companies
NDA
Net Domestic Asset
NDS
Negotiated Dealing Systems
NDTL
Net Demand And Time Liability
NECS
National Electronic Clearing System
NEFT
National Electronic Funds Transfer System.
NFA
No Frills Account.
NFC
Non Banking Finance Companies.
NFS
National Financial Switch
NHB
National Housing Bank.
NIB
Nordic Investment Bank.
NPA
Non Performing Assets.
NPCI
National Payments Corporation Of India
NPS
National Pensions Scheme.
NPV
Net Present Value
NRE
Non Resident External Account
NRI
Non Resident Indian
NSE
National Stock Exchange.
NSFDC
National Scheduled Castes Finance And Development Corporation
OCB
Overseas Corporate Bodies
ODIs
Offshore/Overseas Derivative Instruments
OECD
Organisation For Economic Cooperation And Development
OLTAS
Online Tax Accounting System
OMO
Open Market Operations
OTCEI
Over the Counter Exchange Of India
OTP
One-Time Password
PACS
Primary Agricultural Credit Societies
PAN
Permanent Account Number
PDO
Public Debt Office
PFRDA
Pension Fund Regulatory and Development Authority
PGS
Payment Gateway System.
PIN
Personal Identification Number
PIS
Portfolio Investment Scheme
 P-Notes
Participatory Notes
POA
Power of Attorney
PoS
Point of Sale
PPF
Public Provident Fund
PPIs
Prepaid Payment Instruments
PRSF
Partial Risk Sharing Facility
QIB
Qualified Institutional Bankers
RBI
Reserve Bank of India
RBS
Royal Bank of Scotland.
RDBMS
Relational Database Management System
RDDBFI
Recovery of Debt due to Banks and Financial Institutions
REC
Rural Electrification Corporation
RFC
Resident Foreign Currency
RIDF
Rural Infrastructure Development Fund
RoA
Return On Assets
RoE
Return On Equity
RRB
Regional Rural Bank.
RTGS
Real Time Gross Settlement System.
RWA
Risk Weighted Assets
SARFAESI
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
SBI
State Bank of India
SCB
Scheduled Commercial Bank
SCC
Selective Credit Control.
SDBS
Service Discharge Benefit Scheme
SDR
Special Drawing Rights
SEBI
Securities and Exchange Board of India
SEPA
Single Euro Payment Area.
SFMS
Structured Financial Messaging Services
SGB
Sovereign Gold Bond
SHG
Self Help Group
SIDBI
Small Industries And Development Bank Of India.
SIDC
State Industrial Development Corporation
SIFI
Systematically Important Financial Intermediaries
Sip
Systematic Investment Plans
SIPS
Systemically Important Payment System
SJSRY
Swarna Jayanthi Shahari Rozgar Yojana
SLR
Statutory Reserve Ratio
SLRS
Scheme for Liberation and Rehabilitation of Scavengers
SME
Small and Medium Industries
SMERA
SME Rating Agency of India Limited
SMILE
SIDBI Make in India Loan for small Enterprises
SPNS
Shared Payment Network System.
SSI
Small Scale Industries
SSSBE
Small Scale Service and Business Enterprises
SWIFT
Society For World Wide Inter Bank Financial Telecommunication.
TDS
Tax Deducted at Source
TIN
Tax Information Network
UBIN
Unique Business Identification Number
UCB
Urban Cooperative Bank.
UCNs
Uniform Code Numbers
UEBA
Universal Electronic Bank Account.
UIDAI
Unique Identification Authority of India
UPI
Unified Payments Interface
UPIN
Unique Property Identification Numbers.
USB
Ultra Small Branch.
USD
United States Dollar.
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
WL ATM
White Label ATM.
WMA
Ways and Means Advances
WPI
Wholesale Price Index
YTM
Yield to Maturity