Sunday, June 14, 2015

Banking Abbreviations List- Bank Full Form

Banking abbreviations list- bank full form. Here.I am presenting you the list of banking abbreviations which is going to help you in Competitive exams (especially in bank exams). Nowadays abbreviations are often asked in the exam (like IBPS PO, Clerk, SBI PO and Clerk Examsfor 2 to 3 marks and sometimes even more in the general awareness section. If you are well versed with these abbreviations then you can grab these marks easily and needless to say that what these 2 or 3 marks can do in such a cut-throat competition. So just go through these abbreviations as many times as you can and have a solid edge over your competitors in the exams. I have arranged these banking abbreviations in alphabetical order so as to enable you to memorize them with ease.

Banking abbreviations list- bank full form

Banking abbreviations list- bank full form

Banking abbreviations list: Alphabet A

ADB: Asian Development Bank
ADR: American Depositary Receipt
AIDWA: All India Democratic Woman’s Association
AITUC: All India Trade Union Congress
ALM: Asset Liability Management
AMFI: Association of Mutual Funds in India
APEC: Asia-Pacific Economic Cooperation
APL: Above Poverty Line
APM: Administered Pricing Mechanism

Banking abbreviations list: Alphabet B

BIFR: Board of Industrial and Financial Reconstruction
BCBS: Basel committee for Banking Supervision
BCSBI: Banking Codes and Standards Board of India
BIS: Bureau of Indian Standards
BOLT: BSE On-Line Trading (System)
BOT: Build, Operate and Transfer
BPL: Below Poverty Line
BPO: Business Process Outsourcing
BSBDA: Basic Savings Bank Deposit Account

Banking abbreviations list: Alphabet C

CA: Chartered Accountant
CABE: Central Advisory Board of Education
CACP: Commission of Agriculture Cost and Price
C & AG: Comptroller & Auditor General
CAMELS: C – Capital adequacy, A – Asset quality, M – Management quality, E – Earnings, L – Liquidity, S – Sensitivity to Market Risk
CAPART: Council for People’s Action and Advancement of Rural Technology
CAR: Capital adequacy ratio
CARE: Credit Analysis & Research Ltd.
CBS: Core banking solution
CCI: Competition Commission of India
CCIL: Clearing Corporation of India limited
CCEA – Cabinet Committee on Economic Affairs
CDSL: Central Securities Depository Limited
CECA: Comprehensive Economic Cooperation Agreement
CEPA: Comprehensive Economic Partnership Agreement
CIBIL: Credit Information Bureau (India) Ltd
CII: Confederation of Indian Industry
CIS: Commonwealth of Independent States
CHOGM: Commonwealth Heads of Government Meeting
CITES: Convention on International Trade in Endangered Species
CITU: Centre Of Indian Trade Unions
CMP: Common Minimum Programme
CPI (UNME): The Consumer Price Index for Urban Non-Manual Employees.
CPI (AL): Consumer Price Index for Agricultural Laboures.
CPI (IW): Consumer Price Index for Industrial Workers
CPI (RL): Consumer Price Index for Rural Labourers
CRAR: Capital to Risk (Weighted) Assets Ratio
CRISIL: Credit Rating Information Services of India Limited
CRR: Cash Reserve Ratio
CSIR: Council of Scientific and Industrial Research
CST: Central Sales Tax
CTT: Commodities Transaction Tax

Banking abbreviations list: Alphabet D

DA: Dearness Allowance; Daily Allowance
DEAF: Depositor Education and Awareness Fund
DMIC: Delhi-Mumbai Industrial Corridor
DPEP: District Primary Education Programme
DTAA: Double Taxation Avoidance Agreement
DTC: Direct Tax Code

Banking abbreviations list: Alphabet E

ECA: Essential Commodity Act
ECB: External Commercial Borrowings
ECS: Electronic clearing system
EDUSAT: Education Satellite
EEE: Exempt Exempt Exempt
EEFC Accounts: Exchange Earners Foreign Currency Account
EET: Exempt Exempt Taxation
EFA: Education for All
EPF: Employees Provident Fund
EPFO: Employees Provident Fund Organization
EFSF: European Financial Stability Facility
EFT: Electronic fund transfer
EGoM: Empowered Group of Ministers
EMI: Equated Monthly Installment
EMS: European Monetary System
ERNET: Educational and Research Network
ESA: European Space Agency
ESCAP: Economic and Social Commission for Asia and Pacific
ESMA: Essential Services Maintenance Act
ESOP: Employee Stock Option Programme
EU: European Union

Banking abbreviations list: Alphabet F

FAO: Food and Agriculture Organisation
FCCB: Foreign Currency Convertible Bond
FCNR: Foreign Currency (Non-Resident) Accounts Scheme
FDI: Foreign Direct Investment
FEMA: Foreign Exchange Management Act
FERA: Foreign Exchange Regulations Act
FICCI: Federation of Indian Chambers Of Commerce and Industry
FII: Foreign Institutional Investors
FIPB: Foreign Investment Promotion Board (Of India)
FMCG: Fast Moving Consumer Goods
FPO: Follow on Public Offer
FRBM: Fiscal Responsibility And Budget Management
FRBMA: Fiscal Responsibility and Budget Management Act
FSLRC: Financial Sector Legislative Reforms Commission
FSSA: Food Safety And Standards Authority (Of India)
FTA: Free Trade Area

Banking abbreviations list: Alphabet G

GAAR: General anti-avoidance rule
GATT: General Agreement On Tariffs And Trade
GCC: Gulf Cooperation Council
GDP: Gross Domestic Product
GDR: Global Depositary Receipt
GEF: Global Environment Fund
GIC: General Insurance Corporation
GIRO: Government Internal Revenue Order
GNP: Gross National Product
GST: Goods and Service Tax

Banking abbreviations list: Alphabet H

HDFC: Housing Development Finance Corporation Limited
HDI: Human Development Index
HSBC: Hongkong and Shanghai Banking Corporation Limited
HUDCO: Housing And Urban Development Corporation

Banking abbreviations list: Alphabet I

IAAI: International Airport Authority Of India
IAAS: Indian Audit and Accounts Service
IADF: International Agricultural Development Fund
IAEA: International Atomic Energy Agency
IASB: The International Accounting Standards Board
IBRD: International Bank for Reconstruction And Development
ICAI: Institute of Chartered Accountants of India
ICAR: Indian Council of Agricultural Research
ICCW: Indian Council for Child Welfare
ICDS: Integrated Child Development Service
ICMR: Indian Council of Medical Research
ICICI: Industrial Credit and Investment Corporation of India
ICOR: Incremental capital output ratio
ICRA: Investment information and Credit Rating Agency
ICRC: International Committee of Red Cross
IDA: International Development Association
IDR: Indian Depository Receipts
IES: Indian Economic Service
IEX: Indian Energy Exchange
IFRS: International Financial Reporting Standard
IFSC: Indian financial system code
IFTU: International Federation of Trade Unions
IFWJ: Indian Federation of Working Journalists
IIP: The Index of Industrial Production
IIPA: Indian Institute of Public Administration
IISS: International Institute of Strategic Studies
ILO: International Labour Organisation
IMF: International Monetary Fund
IMO: International Maritime Organisation
IDR: Indian Depository Receipts
IDBI: Industrial Development Bank of India
IMF: International monetary fund
IMRB: Indian Market Research Bureau
INMARSAT: International Maritime Satellite Organisation
INTERPOL: International Police Organisation
INTUC: Indian National Trade Union Congress
IOC: International Olympic Committee
IPCC: Intergovernmental Panel on Climate Change
IPEC: International Programme on Elimination Of Child Labour
IPO: Initial public offer
IPR: Intellectual Property Right
IRDA: Insurance Regulatory and Development Authority
IREP: Integrated Rural Energy Planning
ISO: International Standardisation Organisation
ISS: International Space Station
ITDC: Indian Tourism Development Corporation
ITEs: Intra-Group Transactions and Exposures
ITO: International Trade Organisation; Income-Tax Officer
ITU: International Tele-Communication Union

Banking abbreviations list: Alphabet J

JNNURM: Jawahar Lal Nehru National Urban Renewal Mission

Banking abbreviations list: Alphabet K

KPO: Knowledge Process Outsourcing
KYC: Know your customer

Banking abbreviations list: Alphabet L

LAF: Liquidity Adjustment Facility
LDC: Least Developed Countries
LIBOR: London Inter-Bank Offer Rate
LIC: Life Insurance Corporation (Of India)
LLP: Limited Liability Partnership

Banking abbreviations list: Alphabet M

MAT: Minimum Alternative Tax
MAIT: Manufacturers’ Association for Information Technology
MCAP: Market capitalization / Mid cap
MDG: Millennium development goals
MEP: Minimum Export Price
MFA: Multi-Fibre Agreement
MFI: Micro finance institution
MFIN: Micro finance institution network
MFN: Most Favoured Nation
MIBOR: Mumbai Interbank offer rate
MIN: Mutual fund identification no.
MNC: Multi-National Corporation
MRTPC: Monopolies and Restrictive Trade Practices Commission
MRTS: Mass Rapid Transit System
MSME: Micro Small and Medium Enterprises
MSF-Marginal Standing Facility
MSP: Minimum support price
MTO: Multilateral Trade Organisation

Banking abbreviations list: Alphabet N

NABARD: National Bank for Agriculture and Rural Development.
NAEP: National Adult Education Programme
NAFED: National Agricultural Cooperative Marketing Federation of India Ltd
NAFTA: North America Free Trade Agreement
NAM: Non-Aligned Movement
NAMA: Non-Agriculture Market Access
NASDAQ: National Association of Securities Dealers Automated Quotation
NATO: North Atlantic Treaty Organisation
NAV: Net Asset Value
NBFC: Non Banking Finance Companies
NCAER: National Council Of Applied Economic Research
NCERT: National Council Of Education Research And Training
NCPCR: National Commission for Protection of Child Rights
NCTC – National Counter-Terrorism Centre
NDC: National Development Council
NEFT: National Electronic Fund Transfer
NEGP: National E-Governance Plan
NEP: National Education Policy
NFO: New Fund Offers
NHAI: National Highways Authority of India
NHDP: National Highways Development Project
NHRC: National Human Rights Commission
NIFT: National Institute of Fashion Technology
NIO: National Institute of Oceanography
NLMA: National Literacy Mission Authority
NMDC: National Mineral Development Corporation
NNP: Net National Production
NPA: Non Performing Asset
NPR: National Population Register
NSE: National Stock Exchange
NSDL: National Securities Depository Limited
NSE: National Stock Exchange
NSFR: Net Stable Funding Ratio
NSG: Nuclear Suppliers Group
NSSO: National Sample Survey Organization
NTPC: National Thermal Power Corporation

Banking abbreviations list: Alphabet O

ODA: Official Development Assistance
OECD: Organisation of Economic Co-Operation and Development
OGL: Open General License
OIC: Organisation of Islamic Countries
OIL: Oil India Limited
OMCS: Oil Marketing Companies
ONGC: Oil And Natural Gas Commission
OPEC: Organisation Of Petroleum Exporting Countries
OSCE: Organisation For Security And Cooperation In Europe

Banking abbreviations list: Alphabet P

PAC: Public Accounts Committee
PAN: Permanent Account Number (Of Income-Tax)
PATA: Pacific-Asia Travel Association
PCI: Per capita income
PDS: Public Distribution System
PIL: Public Interest Litigation
PIO: Persons Of Indian Origin
PN: Participatory Note
PoP: Point Of Purchase
PPF: Public Provident Fund
PPP: Public-private partnership / Purchasing power parity
PTA: Preferential Trade Area
PURA: Providing urban amenities in rural areas

Banking abbreviations list: Alphabet Q

QIB: Qualified Institutional Buyer
QIP: Qualified Institutional Placement
QR: Quantitative Restriction

Banking abbreviations list: Alphabet R

RBI: Reserve Bank Of India
RIDF: Rural infrastructure development fund
RRB: Regional Rural Bank
RRPI: Rural Retail Price Index
RTGS: Real Time Gross Settlement System

Banking abbreviations list: Alphabet S

SAARC: South Asian Association for Regional Co-Operation
SAFTA: South Asian Free Trade Area
SAIL: Steel Authority of India Limited
SAPTA: SAARC Preferential Trading Agreement
SARFAESI ACT: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
SCO: Shanghai Cooperation Organisation
SCOPE: Standing Conference On Public Enterprises
SDR: Special Drawing Rights
SEBI: Securities And Exchange Board Of India
SEZ: Special Economic Zone
SIDBI: Small Industries Development Bank of India
SEWA: Self employed woman’s association
SLR: Statutory Liquidity Ratio
STT: Securities Transaction Tax
SWIFT: Society for Worldwide Financial Telecommunications

Banking abbreviations list: Alphabet T

TARC: Tax Administration Reform Commission
TDS: Tax Deduction at Source
TIEA: Tax Information Exchange Agreement
TIFR: Tata Institute Of Fundamental Research
TIN: Tax Information Network
TINXSYS: Tax Information Exchange System
TISCO: Tata Iron and Steel Company
TPDS: Targeted Public Distribution System
TRAI: Telecom Regulatory Authority Of India
TRIMS: Trade Related Investment Measures
TRIPS: Trade Related Intellectual Property Rights
TRYSEM: Training Of Rural Youth For Self Employment

Banking abbreviations list: Alphabet U

UN: United Nations
UNCTAD: United Nations Conference On Trade And Development
UNDP: United Nations Development Programme
UNEF: United Nations Emergency Force
UNEP: United Nations Environment Programme
UNESCO: United Nations Educational, Scientific And Cultural Organisation
UNFCCC: United nation framework convention on climate change
UNFPO: United Nations Fund For Population Activities
UNHCR: United Nations High Commissioner For Refugees
UNHRC: United Nations Human Rights Commission
UNICEF: United Nations International Children’s (Emergency) Fund
UNIDO: United Nations Industrial Development Organisation
UNRRA: United Nations Relief And Rehabilitation Administration

Banking abbreviations list: Alphabet V

VAT: Value-Added Tax
VDIS: Voluntary Disclosure Of Income Scheme
VRS: Voluntary Retirement Scheme
VVPAT: Voter Verifiable Paper Audit Trail’

Banking abbreviations list: Alphabet W

WEF: World Economic Forum
WFP: World Food Programme
WHO: World Health Organization
WIPO: World Intellectual Property Organisation

Guys, after going through  the above abbreviation list if you notice that I have missed out any term or abbreviation then do let me know via comment, I will definitely add it to the above list. I want to make such a list that contains all the terms related to banking sector but without your participation that can not be made, so do participate to make it complete.

Happy Reading ;-)

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