Important Banking Abbreviations

Banking Abbreviations notes


Abbreviations Details

ABEDA Arab Bank for Economic Development in Africa.
ACF Auto Correlation Function.
AFSPA Armed Force Special Power Acts.
AIF Alternative Investment Fund
ACS Automated Clearing System.
AD Authorized Dealer.
ADB Asian Development Bank.
ADR American Depository Receipt.
AEPS Aadhar Enabled Payments Switch.
AFS Annual Financial Statement.
AGM Annual General Meeting.
AIC Agricultural Insurance Company.
ASSOCHAM Associated Chambers of Commerce and Industry of India.
AMFL Association of Mutual Funds in India.
AML Anti Money Laundering.
ALM Asset Liability Management.
ATM Automated Teller Machine.
BCSBI Banking Codes and Standards Board of India.
BIS Bank for International Settlements.
BIN Business Identification Number
BOB Bank of Baroda.
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.
BSR Basic Statistical Returns.
BSE Bombay Stock Exchange.
BSR Basic Statistical Returns.
BIS Bank for International Settlements.
CAD Capital Account Deficit.
CAG Controller and Auditor General.
CAG Controller and Auditor General of India.
CAR Cash Adequacy Ratio.
CB Canara Bank.
CBS Core Banking Solution.
CBDT Central Board f Direct Taxes.
CDB Caribbean Development Bank.
CDBS Committee of Direction on Banking Statistics.
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 (India) Limited.
CPI Consumer Price Index.
CPEC China Pakistan Economic Corridor
CRAR Capital To Risk Weighted Asset Ratio.
CRMD Credit Risk Management Department.
CRR Cash Reserve Ratio.
CTI Country Threat Index.
COB Corporation Bank.
CP Colombo Plan.
CSO Central Statistics Organisation
CUB City Union Bank
DB Dena Bank.
DB Dhanlakshmi Bank.
DTAA Double Taxation Avoidance Agreement.
ECB External Commercial Borrowings.
ECS Electronic Clearing System.
EEFC Exchange Earner’s Foreign Currency.
ELSS Equity Linked Saving Scheme.
EADB East African Development Bank.
EBRD European Bank for Reconstruction and Development.
EIB European Investment Bank.
EXIM Export Import Bank of India.
FCA Foreign Currency Assets.
FCCB Foreign Currency Convertible Bonds.
FCNRA Foreign Currency Non resident Account.
FDI Foreign Direct Investment.
FERA Foreign Exchange Regulation Act.
FICCI Federation of Indian Chambers of Commerce and Industry.
FICV Future Infantry Combat Vehicle
FII Foreign Institutional Investor.
FIMMDA Fixed Income Money Markets and Derivatives Association.
FIPB Foreign Investment Promotion Board.
FPI Foreign Portfolio Investment.
FSSAI Food Safety and Standards Authority of India
FTA Free Trade Agreement.
GDP Gross Domestic Product.
GDR Global Depository Receipt.
GFD Gross Fiscal Deficit.
GIRO Government Internal Revenue Order.
GAAR General Anti Avoidance Rule.
GNH Gross National Happiness
HDFC Housing Development Finance Corporation.
HCOC Hague Code of Conduct
IADB Inter American Development Bank.
IBPS Institute of Banking Personnel Selection.
IBRD International Bank For Reconstruction And Development.
ICA Indian Council of Agricultural Research.
ICICI Industrial Credit and Investment Corporation of India.
IDB Islamic Development Bank.
IDBI Industrial Development Bank of India.
IDR Indian Depository Receipts.
IIB International Investment Bank.
IIBF  Indian Institute of Banking and Finance.
IRR  Internal Rate Of Return.
IMD India Millennium Deposits.
IMF International Monetary Fund.
IMPS Immediate Mobile Payment System.
INIP India Nuclear Insurance Pool
IOB Indian Overseas Bank.
IPO Initial Public Offering.
IPP India Pride Project
IRBI Industrial Reconstruction Bank of India.
KCC Kisan Credit Card.
KMB Kotak Mahindra Bank.
KVB Karur Vysya Bank.
KYC Know Your Customer.
LAB Local Area Bank.
LAF Liquidity Adjustment Facility.
LDB Land Development Bank.
LIBOR London Inter Bank Offered Rate.
MIBOR Mumbai Inter Bank Offer Rate.
MTCR Missile Technology Control Regime
NABARD National Bank for Agricultural and Rural Development.
NAS National Account Statistics.
NAV Net Asset Value.
NBC Non Banking Companies.
NBFC Non Banking and Finance companies.
NEFT National Electronic Funds Transfer System.
NEDA North East Democratic Alliance
NFA No Frills Account.
NFC Non Banking Finance Companies.
NHB National Housing Bank.
NIB Nordic Investment Bank.
NPA Non Performing Assets.
NPS National Pensions Scheme.
NSE National Stock Exchange.
OMO Open Market Operations.
OTP One Time Password.
PGS Payment Gateway System.
PMAY Pradhan Mantri Awaas Yojana.
PMKVY Pradhan Mantri Kaushal Vikas Yojana.
RBI Reserve Bank Of India.
RBS Royal Bank of Scotland.
RRB Regional Rural Bank.
RTGS Real Time Gross Settlement System.
SCB Scheduled Commercial Bank.
SBM Swachh Bharat Mission
SCC Selective Credit Control.
SEPA Single Euro Payment Area.
SEBI Security Exchange Board Of India.
SHGs Self Help Groups.
SIDBI Small Industries and Development Bank of India.
SLR Statutory Liquidity Ratio.
SPNS Shared Payment Network System.
SWIFT Society For World Wide Inter Bank Financial Telecommunication.
SAWEN South Asia Regional Training and Technical Assistance Centre.
TFA Trade Facilitation Agreement
ULIP Unit Linked Insurance Plan.
UCB Urban Cooperative Bank.
UEBA Universal Electronic Bank Account.
UIDAI Unique Identification Authority of India.
USITC United States International Trade Commission
ULIP Unit Linked Insurance Policies.
UNCED United Nations Conference on Environment and Development.
UPIN Unique Property Identification Numbers.
USB Ultra Small Branch.
USD United States Dollar.
USAID U.S Agency for International Development
VDBS Vertically Differentiated Banking System.
VVPAT Voter-verified Paper Audit Trail
WBCIS Weather Based Crop Insurance Scheme.
WL ATM White Label ATM.
WPFI World Press Freedom Index.
WPI Wholesale Price Index.

!!! All the Best!!!

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