List of Banking Abbreviations

Banking abbreviations are useful to are eagerly waiting to do jobs like RBI, SBI PO exam, IBPS PO exam, IBPS RRB, and other Bank exams will have to tackle questions from this section.

A list of Important Banking Abbreviations is given below:

Terms Banking Abbreviations
ATM Automated Teller Machine
DI Direct Investments
DICGC Deposit Insurance and Credit Guarantee Corporation of India
DID Discharge of Internal Debt
DMA Departmentalized Ministries Account
DRI Differential Rate of Interest Scheme
DSBB Dissemination Standards Bulletin Board
DVP Delivery Versus Payment
ECB External Commercial Borrowing
ECB European Central Bank
ECGC Export Credit and Guarantee Corporation
ECS Electronic Clearing Scheme
EDMU External Debt Management Unit
EEA Exchange Equalization Account
EEC European Economic Community
EEFC Exchange Earners Foreign Currency
EFR Exchange Fluctuation Reserve
EXIM Bank Export-Import Bank of India
FCA Foreign Currency Assets
FCCB Foreign Currency Convertible Bond
FCNRB(B) Foreign Currency Non- resident (Banks)
FCNRA Foreign Currency Non-Resident Account
FCNRD Foreign Currency Non-Repatriable Deposit
FDI Foreign Direct Investment
FEMA Foreign Exchange Management Act
FI Financial Institution
FICCI Federation of Indian Chambers of Commerce and Industry
FII Foreign Institutional Investor
FIMMDA Fixed Income Money Market and Derivatives Association of India
FISIM Financial Intermediation Services Indirectly Measured
FLAS Foreign Liabilities and Assets Survey
FOF Flow of Funds
FPI Foreign Portfolio Investment
FRA Forward Rate Agreement
FRN Floating Rate Note
GDP Gross Domestic Product
GDR Global Depository Receipt
G-Sec Government Securities
IBRD International Bank for Reconstruction and Development
IDRBT Institute for Development and Research in Banking Technology
IEPF Investors Education and Protection Fund
IFSC Indian Financial System Code
IFC Indian Financial Corporation
IFCI Industrial Finance Corporation of India
IIBF International Institute of Banking and Finance
IIBI Industrial Investment Bank of India
IFC International Finance Corporation
IFR Investment Fluctuation Reserve
IIP Index of Industrial Production
IMF International Monetary Fund
IP Interest Payment
ISDA International Swaps and Derivative Association
ISO International Standards Organisation
KYC Know Your Customer
KVP Kissan Vikas Patra
KVIC Khadi and Village Industries Corporation
LAF Liquidity Adjustment Facility
LAS Loans and Advances by States
LDB Land Development Bank
LERMS Liberalized Exchange Rate Management System
M1 Narrow Money
M3 Broad Money
MA Moving Average
MCA Ministry of Corporate Affairs
MIGA Multilateral Investment Guarantee Agency
MSS Market Stabilisation Scheme
NABARD National Bank for Agriculture and Rural Development
NBFC Non-Banking Financial Companies
NEC Not Elsewhere Classified
NEER Nominal Effective Exchange Rate
NFA Non-Foreign Exchange Assets
NFD Net Fiscal Deficit
NHB National Housing Bank
NIF Note Issuance Facility
NPA Non Performing Assets
NPV Net Present Value
NSSF National Small Savings Fund
OD Over Draft
OECD Organization for Economic Cooperation and Development
OLTAS Online Tax Accounting System
PACS Primary Agriculture Credit Societies
PD Primary Deficit
RD Revenue Deficit
RE Revenue Expenditure
REER Real Effective Exchange Rate
RIB Resurgent India Bonds
RLA Recoveries of Loans and Advancements
RTC Repayment of Loans to Centre
RoC’s Registrars of Companies
RR Revenue Receipts
RRB Regional Rural Bank
RTP Reserve Tranche Position
RUF Revolving Underwriting Facility
RWA Risk-Weighted Asset
SCARDB State Co-operative Agriculture and Rural Development Bank
SCB State Co-operative Bank
SCB Scheduled Commerical Bank
SDDS Special Data Dissemination Standards
SDR Special Drawing Right
SEBI Securities Exchange Board of India
SFC State Financial Corporation
SIDBI Small Industries Development Bank of India
SIDC State Industrial Development Corporation
SLR Statutory Liquidity Ratio
SMG Standing Monitoring Group
SNA System of National Accounts
TB’s Treasury Bills
TC Temporary Change
TT Telegraphic Transfer
UCN Uniform Code Number
UTI Unit Trust of India
WPI Wholesale Price Index
YTM Yield to Maturity

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