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

  1. ACU – Asian Currency Union
  2. ADB – Asian Development Bank
  3. ADR – American Depository Receipt
  4. AIIB – Asian Infrastructure Investment Bank
  5. ATM – Automated Teller Machine
  6. BOB – Bank of Baroda
  7. BHIM – Bharat Interface for Money
  8. CBL – Chest Balance Limited
  9. CBS – Core Banking System
  10. CAIIB – Certified Associate of Indian Institute for Bankers
  11. CIF – Customer Information File
  12. CMA – Credit Monitoring Analysis
  13. CASA – Current Account Saving Account
  14. CAD Capital Account Deficit
  15. CRR – Cash Reserve Ratio
  16. CTS – Cheque Truncation System
  17. DCB – Development Credit Bank
  18. DEAF – Depositor Education and Awareness Fund
  19. ECC – Excise Control Code
  20. ELSS – Equity Link Saving Scheme
  21. EMI – Equated Monthly Instalment
  22. EPFO – Employee Provident Fund Organization
  23. EFTPOS: Electronic funds transfer at point of sale
  24. EFT – Electronic Fund Transfer.
  25. ECS – Electronic Clearing Service
  26. ECB – External Commercial Borrowing
  27. ELSS – Equity linked Saving Scheme
  28. FCCB – Foreign Currency Convertible Bond
  29. FEMA – Foreign Exchange Management Act
  30. FICCI – Federation of Indian Chambers and Commerce and Industry
  31. HDFC – Housing Development Finance Corporation
  32. HSBC – Hongkong and Shanghai Banking Corporation
  33. HUDCO – Housing and Urban Development Corporation Limited
  34. IBBI – Insolvency and Bankruptcy Board of India
  35. ICICI – Credit and Investment Corporation of India
  36. IDBI – Industrial Development Bank of India
  37. IDFC – Infrastructure Development Finance Company
  38. IFS – Indian Foreign Service
  39. IFSC – Indian Financial System Code
  40. IMF – International Monetary Fund
  41. INR – Indian Rupee
  42. IPO – Initial Public Offering
  43. IRDA – Insurance Regulatory and Development Authority
  44. IROs – Interest Rate Options
  45. JAIIB – Junior Associate of the Indian Institute of Bankers
  46. KYC – Know Your Customer
  47. KCC – Kisan Credit Card
  48. KMB – Kotak Mahindra Bank
  49. KVB – Karur Vysya Bank
  50. LAB – Local Area Bank
  51. LAF- Liquidity Adjustment Facility
  52. LTV – Loan to Value
  53. MCLR – Marginal Cost of Funds Based Lending Rate
  54. MMID – Money Mobile Identifier
  55. NABARD – National Bank for Agriculture and Rural Development
  56. NBFC – Non-Banking Financial Companies
  57. NEFT – National Electronic Funds Transfer
  58. NPCI – National Payments Corporation of India
  59. OTP – One Time Password
  60. OTC – Over the counter
  61. PAN – Permanent Account Number
  62. PIN – Personal Identification Number
  63. PBX – Private Branch Exchange
  64. PFMS – Public Financial Management System
  65. PNB – Punjab National Bank
  66. PSB – Public Sector Bank
  67. QIB – Qualified Institutional Bankers
  68. RBL – Ratnakar Bank Limited
  69. RTGS – Real Time Gross Settlement
  70. SBI – State Bank of India
  71. SEBI – Securities and Exchange Board of India
  72. SIDBI – Small Industries Development Bank of India
  73. SIP – Systematic Investment Plan
  74. SIPS – Systematically Important Payment System
  75. SPNS – Shared Payment Network System
  76. TAN – Tax Deduction and Collection Account Number
  77. TDS – Tax Deducted at Source
  78. TIN – Tax Payer Identification Number
  79. UCO Bank – United Commercial Bank
  80. UPI – Unified Payment Interface.
  81. VAT – Value Added Tax
  82. WCTL – Working Capital Term Loan