BANKING ACRONYMS / ABBREVIATIONS

BANKING ACRONYMS/ABBREVIATIONS 

List of important Banking and Finance abbreviations used. Important Banking Abbreviations asked in various banking exams.

Here, we are providing A-Z list of important banking abbreviations which is one of the most important topic that was asked in various competitive exams like Lokseva, Banking exam, Banking interviews , NRB etc.

 

  Related to Nepal Banking and World Banking

	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 CNP Card Not Present 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 BSE  Bombay Stock Exchange ROI  Return on Investment LSE  London Stock Exchange IFRS  International Financial Reporting Standards IASB  International Accounting Standards Board ACELP  Algebraic Code Excitation Linear Prediction ADBL  Agricultural Development Bank Ltd AAGR  Average Annual Growth Rates AFRs  Applicable Federal Rates AEC  Agro Enterprise Center ADB  Agriculture Development Bank AB  Amsterdamsche Bank AABB  American Association of Blood Bank ADBL  Agricultural Development Bank Nepal