List of Important Abbreviations used in Banking Industry

Banking and Financial Abbreviations are commonly asked all banking and related exams like SBI PO, IBPS PO/Clerk, IBPS RRB, RBI Grade B/Assistant, IPPB, LIC, UIIC, OICL, NICL, NIACL, etc.
We are sharing a list of important Abbreviations which will be useful for the upcoming Exams.

List of Important Abbreviations used in Banking and Finance Industry:

Abbreviations Full Form
ABPS Aadhaar Payment Bridge System
ACS Automated Clearing System
ADF Automated Data Flow
AEPS Aadhaar Enabled Payments Switch
ALM Asset Liability Management
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
BBNL Bharat Broadband Network Limited
BBPS Bharat Bill Payment System
BBPCU Bharat Bill Payment Central Unit
BBPOU Bharat Bill Payment Operating Unit
BC Business Correspondent
BCBS Basel Committee on Banking Supervision
BCSBI Banking Codes and Standards Board of India
BHIM Bharat Interface for Money
BIS Bank for International Settlements
BOE Bill of Exchange
BOP Balance of Payments
BSBDA Basic Savings Bank Deposit Account
BSR Basic Statistical Returns
CAD Current Account Deficit
CAR Capital Adequacy Ratio
CARE Credit Analysis and Research Limited
CASA Current and Savings Accounts
CBLO Collateralized Bank Lending Obligations
CBS Core Banking Solution
CCL Cash Credit Limit
CDRS Corporate Debt Restructuring
CDS Credit Default Swap
CHI Clearing House Interface
CIBIL Credit Information Bureau of India Limited
CNP Card Not Present transaction
CPI Consumer Price Index
CRAR Capital To Risk Weighted Asset Ratio
CRISIL Credit Rating Information Services Of India
CRR Cash Reserve Ratio
CSR Corporate Social Responsibility
CVV Card Verification Value
DRAT Debt Recovery Appellate Tribunal
DRI Differential Rate Of Interest
DTAA Double Taxation Avoidance Agreement
ECB External Commercial Borrowings
ECS Electronic Clearing System
ECCS Express Cheque Clearing System
EDF Export Development Fund
EDI Electronic Data Interchange
EEFC Exchange Earners’ Foreign Currency
EFTPOS Electronic Funds Transfer At Point Of Sale
ELSS Equity Linked Saving Scheme
EMI Equated Monthly Instalments
EMV Europay, MasterCard, and Visa
EPOS Electronic Point Of Sale
ESOP Employee Stock Options
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
FICCI Federation of Indian Chambers of Commerce and Industry
FII Foreign Institutional Investor
FIMMDA Fixed Income Money Markets and Derivatives Association
FIPB Foreign Investment Promotion Board
FPI Foreign Portfolio Investment
Fiscal Responsibility and Budget Management Act, 2003
Financial Stability and Development Council
FTA Free Trade Agreement
GAAR General Anti Avoidance Rule
GDP Gross Domestic Produce
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
IBBI Insolvency and Bankruptcy Board of India
ICRA Investment Information and Credit Rating Agency of India Limited
IDF Infrastructure Debt Fund
IDR Indian Depository Receipts
IDRBT Institute for Development and Research Of Banking
IFSC Indian Financial System Code
IIB Inflation-indexed bonds
IMF International Monetary Fund
IMPS Immediate Payment Service
IMT Instant Money Transfer
InvIT Infrastructure Investment Trust
IPO Initial Public Offering
IRF Interest Rate Futures
IROs Interest rate options
IRR Internal Rate Of Return
JLF Joint Lender’s Forum
KYC Know Your Customer
LAB Local Area Bank.
LAF Liquidity Adjustment Facility
LEI Legal Entity Identifier
LIBOR London Inter Bank Offered Rate
LTV Loan-to-value
MCLR Marginal Cost Of Lending Rate
MICR Magnetic Ink Character Recognition
MDR Merchant Discount Rate
MSS Market Stabilisation Scheme
MUDRA Micro Units Development And Refinance Agency
NABARD National Bank For Agricultural And Rural Development
NACH National Automated Clearing House
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
NFS National Financial Switch
NHB National Housing 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
NUUP National Unified USSD Platform
OLTAS Online Tax Accounting System
OMO Open Market Operations
OTP One-Time Password
PACS Primary Agricultural Credit Societies
PAN Permanent Account Number
PCA Prompt Corrective Action
PFRDA Pension Fund Regulatory and Development Authority
PIN Personal Identification Number
PKI Public Key Infrastructure
PMLA Prevention of Money Laundering Act
P-Notes Participatory Notes
PoS Point of Sale
PPF Public Provident Fund
PPIs Prepaid Payment Instruments
QFI Qualified Foreign Investors
QIB Qualified Institutional Bankers
QR Code Quick Response Code
QSAM Query Service on Aadhaar Mapper
REIT Real Estate Investment Trusts
RFC Resident Foreign Currency
RIDF Rural Infrastructure Development Fund
RoA Return On Assets
RoE Return On Equity
RTGS Real Time Gross Settlement System
RWA Risk Weighted Assets
SARFAESI Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
SDR Special Drawing Rights
SEBI Securities and Exchange Board of India
SGB Sovereign Gold Bond
SHG Self Help Group
SIDBI Small Industries And Development Bank Of India
SIFI Systematically Important Financial Intermediaries
SIP Systematic Investment Plans
SIPS Systemically Important Payment System
SLBC State Level Bankers’ Committee
SLR Statutory Reserve Ratio
SME Small and Medium Industries
SWIFT Society For World Wide Inter Bank Financial Telecommunication.
TDS Tax Deducted at Source
TIN Tax Information Network
UBIN Unique Business Identification Number
UEBA Universal Electronic Bank Account
UIDAI Unique Identification Authority of India
UPI Unified Payments Interface
UPIN Unique Property Identification Numbers
USB Ultra Small Branch.
USSD Unstructured Supplementary Service Data
UTI Unit Trust of India
VDBS Vertically Differentiated Banking System
VPA Virtual Payment Address
WCTL Working Capital Term Loan
WL ATM White Label ATM
WMA Ways and Means Advances
WPI Wholesale Price Index
YTM Yield to Maturity

Click here to Download Important Banking & Finance Abbreviations PDF



Related posts

39 Thoughts to “List of Important Abbreviations used in Banking Industry”

  1. I just like the helpful information you supply in your articles. I will bookmark your weblog and test once more right here regularly. I’m somewhat sure I will be informed a lot of new stuff proper here! Best of luck for the next!

  2. I haven?t checked in here for a while because I thought it was getting boring, but the last several posts are great quality so I guess I?ll add you back to my everyday bloglist. You deserve it my friend 🙂

  3. Thanks for your write-up. Another thing is that to be a photographer requires not only problems in taking award-winning photographs and also hardships in getting the best photographic camera suited to your requirements and most especially issues in maintaining the standard of your camera. It is very true and evident for those photographers that are in capturing the particular nature’s engaging scenes – the mountains, the actual forests, the wild and the seas. Going to these daring places definitely requires a digicam that can meet the wild’s tough setting.

  4. Fae

    Thanks for your post on this web site. From my experience, often times softening way up a photograph may possibly provide the photographer with a little an creative flare. Oftentimes however, this soft cloud isn’t precisely what you had planned and can often times spoil a normally good picture, especially if you thinking about enlarging the item.

  5. Thanks for the concepts you are revealing on this blog. Another thing I’d like to say is the fact that getting hold of copies of your credit profile in order to check out accuracy of each detail would be the first step you have to execute in repairing credit. You are looking to clean your credit profile from detrimental details flaws that mess up your credit score.

  6. Hello, you used to write great, but the last several posts have been kinda boring? I miss your super writings. Past few posts are just a little bit out of track! come on!

  7. I realized more something totally new on this weight reduction issue. 1 issue is a good nutrition is highly vital when dieting. A big reduction in junk food, sugary food, fried foods, sugary foods, pork, and white flour products may perhaps be necessary. Holding wastes harmful bacteria, and poisons may prevent targets for losing fat. While specific drugs quickly solve the problem, the awful side effects are not worth it, and so they never provide more than a short-lived solution. This is a known incontrovertible fact that 95 of celebrity diets fail. Thank you for sharing your opinions on this blog.

  8. Very great post. I simply stumbled upon your weblog and wished to mention that I have really enjoyed surfing around your blog posts. After all I will be subscribing to your rss feed and I hope you write once more very soon!

  9. A powerful share, I just given this onto a colleague who was doing a bit evaluation on this. And he in truth purchased me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to debate this, I feel strongly about it and love studying extra on this topic. If potential, as you develop into experience, would you mind updating your weblog with extra details? It is highly useful for me. Massive thumb up for this blog submit!

  10. okmark your weblog and check again here frequently. I’m quite certain I will learn a lot of new stuff right here! Best of luck for the next!

  11. Usually I do not read post on blogs, but I would like to say that this write-up very compelled me to take a look at and do it!
    Your writing taste has been surprised me. Thanks, very nice post.

  12. Pretty nice post. I just stumbled upon your blog and wished to
    say that I have truly enjoyed browsing your blog posts.
    After all I’ll be subscribing to your feed and I hope you write again very soon!

  13. Simply desire to say your article is as astonishing. The clarity on your post is simply great and i could suppose you’re a professional in this subject.

    Well along with your permission allow me to take hold of your feed to stay up to date with forthcoming post.
    Thanks 1,000,000 and please keep up the enjoyable work.

  14. I’m extremely impressed with your writing skills and also with the layout on your blog.

    Is this a paid theme or did you modify it yourself?
    Anyway keep up the nice quality writing, it’s rare to see a great blog like this one today.

  15. I have been surfing online more than 3 hours today, yet I never found any interesting article like yours. It?s pretty worth enough for me. In my opinion, if all webmasters and bloggers made good content as you did, the net will be much more useful than ever before.

  16. I have observed that over the course of creating a relationship with real estate owners, you’ll be able to come to understand that, in most real estate contract, a commission amount is paid. All things considered, FSBO sellers do not “save” the commission rate. Rather, they try to earn the commission by doing the agent’s task. In doing so, they expend their money plus time to conduct, as best they can, the responsibilities of an adviser. Those jobs include uncovering the home through marketing, delivering the home to prospective buyers, constructing a sense of buyer emergency in order to prompt an offer, preparing home inspections, dealing with qualification assessments with the loan provider, supervising maintenance tasks, and aiding the closing.

  17. Fantastic web site. Plenty of useful info here. I am sending it to some buddies ans also sharing in delicious. And certainly, thank you on your effort!

  18. I have seen that nowadays, more and more people are attracted to surveillance cameras and the discipline of digital photography. However, being a photographer, you have to first devote so much time period deciding the exact model of video camera to buy plus moving via store to store just so you could potentially buy the lowest priced camera of the trademark you have decided to decide on. But it does not end now there. You also have to think about whether you should buy a digital digicam extended warranty. Thanks a lot for the good guidelines I gathered from your blog.

  19. A person essentially help to make significantly posts I might state. This is the very first time I frequented your website page and so far? I amazed with the research you made to make this particular post amazing. Excellent activity!

  20. Hiya, I’m really glad I have found this information. Today bloggers publish just about gossips and net and this is actually annoying. A good blog with interesting content, this is what I need. Thanks for keeping this web site, I will be visiting it. Do you do newsletters? Can not find it.

  21. 548527 209239As soon as I discovered this internet website I went on reddit to share some of the love with them. 745511

  22. Yesterday, while I was at work, my sister stole my iphone and tested to see if it can survive a twenty five foot drop, just so she can be a youtube sensation. My apple ipad is now broken and she has 83 views. I know this is totally off topic but I had to share it with someone!

  23. Thanks a bunch for sharing this with all people you actually understand what you’re talking approximately! Bookmarked. Kindly also seek advice from my website =). We could have a hyperlink trade arrangement among us!

  24. I am very happy to read this. This is the kind of manual that needs to be given and not the accidental misinformation that is at the other blogs. Appreciate your sharing this greatest doc.

  25. This is without a doubt one of the greatest articles I’ve read on this topic! The author’s thorough knowledge and enthusiasm for the subject are evident in every paragraph. I’m so appreciative for finding this piece as it has enhanced my comprehension and sparked my curiosity even further. Thank you, author, for dedicating the time to create such a phenomenal article!

  26. Hi! I know this is kind of off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having trouble finding one? Thanks a lot!

  27. Appreciating the time and energy you put into your blog and in depth information you provide. It’s nice to come across a blog every once in a while that isn’t the same unwanted rehashed information. Excellent read! I’ve bookmarked your site and I’m adding your RSS feeds to my Google account.

  28. Thank you, I have been looking for information about this topic for ages and yours is the best I have found so far.

  29. This is a excellent website, would you be interested in doing an interview about how you designed it? If so e-mail me!

  30. I know of the fact that now, more and more people are attracted to digital cameras and the industry of photography. However, really being a photographer, you must first commit so much time frame deciding the exact model of digital camera to buy as well as moving from store to store just so you may buy the least expensive camera of the brand you have decided to pick. But it will not end right now there. You also have to contemplate whether you can purchase a digital digicam extended warranty. Thanks alot : ) for the good ideas I obtained from your web site.

  31. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You obviously know what youre talking about, why throw away your intelligence on just posting videos to your site when you could be giving us something informative to read?

  32. This is very attention-grabbing, You are an overly professional blogger. I’ve joined your rss feed and stay up for in the hunt for extra of your wonderful post. Also, I’ve shared your website in my social networks!

  33. My brother suggested I might like this blog. He was entirely right. This post truly made my day. You cann’t imagine just how much time I had spent for this info! Thanks!

  34. Helpful info. Lucky me I discovered your site unintentionally, and I’m shocked why this accident didn’t came about in advance!
    I bookmarked it.

  35. My partner and I stumbled over here by a different website and thought I might
    as well check things out. I like what I see so i am just following you.
    Look forward to finding out about your web page again.

  36. F*ckin? amazing issues here. I?m very satisfied to peer your post. Thank you so much and i am having a look forward to contact you. Will you please drop me a mail?

  37. Great post. I used to be checking continuously this weblog and I’m inspired! Very useful info specifically the last section 🙂 I take care of such information much. I was seeking this certain information for a very long time. Thank you and good luck.

Comments are closed.