Top 50 Most Asked Banking Abbreviations in Competitive Exams

Top 50 Most Asked Banking Abbreviations in Competitive Exams

Hello Readers, Banking Abbreviations are the most important topic to study in Banking Awareness if you are involved in preparation of any banking sector exams.

Two or more questions are asked in banking recruitment exams from this topic and thus Loud Study brings for you a list of Top 50 Most Asked Banking Abbreviations in Competitive Exams.

The abbreviations in this list are repeatedly asked in various competitive exams and thus you need to go through the list and try to remember it.

ABM - Assistant Branch Manager

AEPS - Aadhaar Enabled Payments Switch

AFS - Annual Financial Statement

AIF - Alternative Investment Fund

ALM - Asset Liability Management

AMFI - Association of Mutual Funds in India

APBS - Aadhaar Payment Bridge System

ANBC - Adjusted Net Bank Credit

ABEDA - Arab Bank for Economic Development in Africa

ALCO - Asset Liability Committee

ASBA - Application Supported Bank Account

ATM - Automated Teller Machine

BOP - Balance of Payments

BSE - Bombay Stock Exchange

BCBS - Basel Committee on Banking Supervision

BCSBI - Banking codes and standards board of India

BIRD - Bankers Institute of Rural Development

BIS - Bank for International Settlements

BPLR - Benchmark Prime Lending Rate

CASA - Current and Savings Account

COB - Corporation Bank

CAR - Capital Adequacy Ratio

CRR - Cash Reserve Ratio

CARE - Credit Analysis and Research Limited

CBS - Core Banking Solutions

CCEA - Cabinet Committee on Economic Affairs.

CRILC - Central Repository of Information on Large Credits

CDR - Corporate Debt Restructuring

CRISIL - Credit Rating Information Services Of India

CRMD - Credit Risk Management Department

CBLO - Collateralized Bank Lending Obligations

CDS - Credit Default Swap

CECA - Comprehensive Economic Cooperation Agreement

CEPA - Comprehensive Economic Partnership Agreement

CIBIL - Credit Information Bureau of India Limited

CRAR - Capital to Risk-weighted Assets Ratio

CRISIL - Credit Rating and Investment Services India Limited

Banking Abbreviations for Competitive Exams

DRAT - Debt Recovery Appellate Tribunal

DSCR - Debt Service Coverage Ratio

DPN - Demand Promissory Note

DPG - Deferred Payment Guarantee

DRI - Differential Rate of Interest

EADB - East African Development Bank

ECBs - External Commercial Borrowings

ECS - Electronic Clearing System

ELSS - Equity Linked Saving Scheme

EFTPOS - Electronic Funds Transfer At Point Of Sale

EEFC - Exchange Earners Foreign Currency

EDF - Export Development Fund

EPS - Earnings per Share

EPOS - Electronic Point Of Sale

EFT - Electronic Fund Transfer

EIB - European Investment Bank

EMI - Equated Monthly Installments

EXIM - Export Import Bank of India

EBRD - European Bank for Reconstruction and Development

FDI - Foreign Direct Investment

FCNRA - Foreign Currency Non-Resident Account

FIMMDA - Fixed Income Money Markets and Derivatives Association

FICCI - Federation of Indian Chambers of Commerce and Industry

FEMA - Foreign Exchange Management Act

FEDAI- Foreign Exchange Dealers Association of India

FERA - Foreign Exchange Regulation Act

FINO - Financial Inclusion Network Operation

FIPB - Foreign Investment Promotion Board

FPI - Foreign Portfolio Investment.

FRBMA - Fiscal Responsibility and Budget Management Act

FSLRC - Financial Sector Legislative Reforms Commission

FSRASC - Financial Sector Regulatory Appointment Search Committee

GDP - Gross Domestic Product

GIRO - Government Internal Revenue Order

GMS - Gold Monetization Scheme

GST - Goods and Service Tax

GSTN - Goods and Services Network

GNP - Gross National Product

Important Banking Abbreviations

HDFC - Housing Development Finance Corporation

IBA - Indian Bank Associations

ICA - Indian Council of Agricultural Research

IIB - International Investment Bank

ICICI - Industrial Credit and Investment Corporation of India

ICRA - Indian Credit Rating Agency

IRBI - Industrial Reconstruction Bank Of India

IPPB - India Post Payments Bank

IBRD - International Bank for Reconstruction and Development

IFSC - Indian Financial System Code

ISCI - International Standard Industrial Classification

IMPS - Immediate Payment Service

IMF - International Monetary Fund

IRDA - Insurance Regulatory and Development Authority of India

INFINET - Indian Financial Network

IROs - Interest Rate Options

KYC - Know Your Customer

KCC - Kisan Credit Card

KMB - Kotak Mahindra Bank

KVB - Karur Vysya Bank

KVP - Kisan Vikas Patra

KVIC - Khadi and Village Industries Corporation

LIBOR - London Inter-Bank Offered Rate

LERMS- Liberalized Exchange Rate Management System

LAB - Local Area Bank

LAF - Liquidity Adjustment Facility

LAMPS - Large Sized Adivasi Multipurpose Socities

LIC - Life Insurance Company

LTCG - Long Term Capital Gains

MICR - Magnetic Ink Character Recognition

MSF - Marginal Standing Facility

MIS - Management Information System

MSS - Market Stabilisation Scheme

MTN - Medium Term Note

MUDRA - Micro Units Development and Refinance Agency

NABARD - National Bank for Agriculture and Rural Development

NBFC - Non Banking Finance Companies

NDTL - Net Demand and Time Liabilities

NEFT - National Electronic Fund Transfer

NPA - Non-Performing Assets.

NDA - Net Domestic Asset

NDS - Negotiated Dealing Systems

NPCI - National Payments Corporation of India

OCB - Overseas Corporate Bodies

OMO - Open Market Operations

OLTAS - Online Tax Accounting System

OTCEI - Over the Counter Exchange of India

PIN - Personal Identification Number

PPP - Purchasing Power Parity/ Public Private Partnership

PFRDA - Pension Fund Regulatory and Development Authority

PIS - Portfolio Investment Scheme

PRSF - Partial Risk Sharing Facility

PACS - Primary Agricultural Credit Societies

PSB - Public Sector Bank

QIB - Qualified Institutional Bankers

RFC - Resident Foreign Currency

RTGS - Real Time Gross Settlement

ROA - Return On Investement

RBI - Reserve Bank of India

RRB - Regional Rural Bank

RIDF - Rural Infrastructure Development Fund

SCB - Scheduled Commercial Bank

SEBI - Securities and Exchange Board of India

SENSEX - Sensitive Index of Stock Exchange

SFMS - Structured Financial Messaging Services

SIDBI - Small Industries Development Bank of India

SLR - Statutory Liquidity Ratio

SLRS - Scheme for Liberation and Rehabilitiation of Scavengers

SIPS - Sysetemically Important Payment System

SPNS - Shared Payment Network System

SWIFT - Society for Worldwide Interbank Financial Telecommunication

TIN - Tax Information Network / Telephone Identification Number

UIDAI - Unique Identification Development Authority of India

UTI - Unit Trust of India

UPIN - Unique Property Identification Numbers

USSD - Unstructured Supplementary Service Data

UPI - United Payment Interface

WBCIS - Weather Based Crop Insurance Scheme

WCTL - Working Capital Term Loan

YTM - Yield To Maturity
At last, I hope this post " Top 50 Most Asked Banking Abbreviations in Competitive Exams " will help you in achieving some marks under Banking Awareness Section of any competitive examination. 

Still if you had any doubts, you can comment in comment section below this post. I will try to respond you as soon as possible.

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