80+ Important Banking Related Terms Full Forms
Banking Full Forms – Abbreviation is a group of words or sentences combined to make a shorter meaningful word. Banking system also uses various abbreviations. If you are preparing for bank & insurance exams or have an interest in the banking sector , then you must study the banking abbreviations. You can find here the list of important Banking Terms Full Forms.
List of Banking Full Forms
- ACU – Asian Currency Union
- ADB – Asian Development Bank
- ADR – American Depository Receipt
- AIIB – Asian Infrastructure Investment Bank
- ATM – Automated Teller Machine
- BOB – Bank of Baroda
- BHIM – Bharat Interface for Money
- CBL – Chest Balance Limited
- CBS – Core Banking System
- CAIIB – Certified Associate of Indian Institute for Bankers
- CIF – Customer Information File
- CMA – Credit Monitoring Analysis
- CASA – Current Account Saving Account
- CAD Capital Account Deficit
- CRR – Cash Reserve Ratio
- CTS – Cheque Truncation System
- DCB – Development Credit Bank
- DEAF – Depositor Education and Awareness Fund
- ECC – Excise Control Code
- ELSS – Equity Link Saving Scheme
- EMI – Equated Monthly Instalment
- EPFO – Employee Provident Fund Organization
- EFTPOS: Electronic funds transfer at point of sale
- EFT – Electronic Fund Transfer.
- ECS – Electronic Clearing Service
- ECB – External Commercial Borrowing
- ELSS – Equity linked Saving Scheme
- FCCB – Foreign Currency Convertible Bond
- FEMA – Foreign Exchange Management Act
- FICCI – Federation of Indian Chambers and Commerce and Industry
- HDFC – Housing Development Finance Corporation
- HSBC – Hongkong and Shanghai Banking Corporation
- HUDCO – Housing and Urban Development Corporation Limited
- IBBI – Insolvency and Bankruptcy Board of India
- ICICI – Credit and Investment Corporation of India
- IDBI – Industrial Development Bank of India
- IDFC – Infrastructure Development Finance Company
- IFS – Indian Foreign Service
- IFSC – Indian Financial System Code
- IMF – International Monetary Fund
- INR – Indian Rupee
- IPO – Initial Public Offering
- IRDA – Insurance Regulatory and Development Authority
- IROs – Interest Rate Options
- JAIIB – Junior Associate of the Indian Institute of Bankers
- KYC – Know Your Customer
- KCC – Kisan Credit Card
- KMB – Kotak Mahindra Bank
- KVB – Karur Vysya Bank
- LAB – Local Area Bank
- LAF- Liquidity Adjustment Facility
- LTV – Loan to Value
- MCLR – Marginal Cost of Funds Based Lending Rate
- MMID – Money Mobile Identifier
- NABARD – National Bank for Agriculture and Rural Development
- NBFC – Non-Banking Financial Companies
- NEFT – National Electronic Funds Transfer
- NPCI – National Payments Corporation of India
- OTP – One Time Password
- OTC – Over the counter
- PAN – Permanent Account Number
- PIN – Personal Identification Number
- PBX – Private Branch Exchange
- PFMS – Public Financial Management System
- PNB – Punjab National Bank
- PSB – Public Sector Bank
- QIB – Qualified Institutional Bankers
- RBL – Ratnakar Bank Limited
- RTGS – Real Time Gross Settlement
- SBI – State Bank of India
- SEBI – Securities and Exchange Board of India
- SIDBI – Small Industries Development Bank of India
- SIP – Systematic Investment Plan
- SIPS – Systematically Important Payment System
- SPNS – Shared Payment Network System
- TAN – Tax Deduction and Collection Account Number
- TDS – Tax Deducted at Source
- TIN – Tax Payer Identification Number
- UCO Bank – United Commercial Bank
- UPI – Unified Payment Interface.
- VAT – Value Added Tax
- WCTL – Working Capital Term Loan