Banking

Banking Abbreviations

In banking exams like IBPS PO , IBPS clerk , IBPS RRB , SBI PO , SBI clerk etc. atleast one or two Banking abbreviations are always asked.So, here in this post we are providing you the full list of all the important banking abbreviations.

A

ACF : Auto-Correlation Function
AD : Authorized Dealer
ADB : Asian Development Bank
ADR: American Depository Receipt
AFS : Annual Financial Statement
AGM : Annual General Meeting
ASSOCHAM : Associated Chambers of Commerce and Industry of India
AMFL: Association of Mutual Funds in India
ALM: Asset Liability Management
ALM: Asset Liability Management
ATM: Automated Teller Machine

B

BIS : Bank for International Settlements
BoP :Balance of Payments
BSCS : Basel Committee on Banking Supervision
BSR : Basic Statistical Returns
BSE : Bombay Stock Exchange

C

CAD : Capital Account Deficit
CAG : Controller and Auditor General of India
CAR : Cash Adequacy Ratio
CBS : Core Banking Solution
CCEA : Comprehensive Economic Cooperation Agreement
CDBS : Committee of Direction on Banking Statistics
CEPA : Comprehensive Economic Partnership Management
CFRA : Combined Finance and Revenue Accounts
CGRA: Currency and Gold Revaluation Account
CIBIL: Credit Information Bureau (India) Limited
CII : Confederation of Indian Industries
CPI : Consumer Price Index
CRR: Cash Reserve Ration

D

DICGC: Deposit Insurance and Credit Guarantee Corporation of India
DTAA: Double Taxation Avoidance Agreement

E

ECB: External Commercial Borrowings
ECS : Electronic Clearing Scheme
EEFC : Exchange Earner’s Foreign Currency
EFSF : European Financial Stability Facility
EXIM : Export-Import Bank of India

F

FCA : Foreign Currency Assets
FCNRA : Foreign Currency Non-resident Account
FDI : Foreign Direct Investment
FERA : Foreign Exchange Regulation Act
FICCI : Federation of Indian Chambers of Commerce and Industry
FII : Foreign Institutional Investor
FIMMDA : Fixed Income Money Markets and Derivatives Association
FINO : Financial Inclusion Network Operation
FIPB : Foreign Investment Promotion Board
FPI : Foreign Portfolio Investment
FSDC : Financial Security and Development Council
FSLRC : Financial Sector Legislative Reforms Commission
FTA : Free Trade Agreement

G

GDP : Gross Domestic Product
GDR : Global Depository Receipt
GFD : Gross Fiscal Deficit
GIRO : Government Internal Revenue Order
GAAR : General Anti Avoidance Rule

H

HDFC : Housing Development Finance Corporation

S

SLR : Statutory Liquidity Ratio

I

ICICI : Industrial Credit and Investment Corporation of India
IDBI : Industrial Development Bank of India
IMF : International Monetary Fund
IPO : Initial Public Offering

L

LAF : Liquidity Adjustment Facility
LIBOR : London Inter Bank Offered Rate

M

MIBOR : Mumbai Inter- Bank Offer Rate

N

NABARD : National Bank for Agricultural and Rural Development
NASSCOM : National Association of Software and Services Companies
NBFC : Non- Banking and Finance companies
NEFT : National Electronic Funds Transfer System
NSE : National Stock Exchange
NPA : Non Performing Assets

O

OMO : Open Market Operations

R

RTGS : Real Time Gross Settlement System

S

SCC : Selective Credit Control
SHGs : Self Help Groups
SEBI : Securities and Exchange Board of India
SIDBI : Small Industries and Development Bank of India

W

WPI : Wholesale Price Index