Important Banking & Finance Abbreviations for All Upcoming Banks and Financial Sectors Exams
 
 
S. No.  Abbreviations Full Form
1. AEPS  Aadhar Enabled Payment System.
2. KYC Know Your Customer. 
3. GDP  Gross Domestic Product 
4. NHB National Housing Bank.
5. CAR  Capital Adequacy Ratio.
6. BHIM  Bharat Interface for Money.
7. FEMA  Foreign Exchange Management Act. 
8. TRAI  Telecom Regulatory Authority of India.
9. KVP Kisan Vikas Patra.
10. PCR Provision Coverage Ratio.
11. WL ATM  White Label ATM. 
12. ATM  Automated Teller Machine.
13. FPI  Foreign Portfolio Investment
14. GDR  Global Depository Receipt. 
15. VPA  Virtual Payment Address. 
16. DNS Domain Name System.
17. CFR  Central Fraud Registry.
18. EEFC Exchange Earner’s Foreign Currency.
19. CRR  Cash Reserve Ratio.
20. EPOS  Electronic Point of sale 
21. CRISIL  Credit Rating Information Services Of India. 
22. LGD  Loss Given Default.
23. IDF Infrastructure Debt Fund 
24. DTC  Direct Tax Code.
25. CDR  Corporate Debt Restructuring.
26. OECO  Organisation for Economic Co-operation. 
27. OTC Over the Counter. 
28. DII Domestic Institutional Investor.
29. NACH  National Automated Clearing House. 
30. ECB  External Commercial Borrowing.
31. PAT  Profit After Tax. 
32. CTS  Cheque Truncation System.
33. P2P Peer – to – peer.  
34. EFTPOS Electronic funds transfer at point of sale.
35. MSF   Marginal Standing Facility.
36. RTGS  Real Time Gross Settlement. 
37. EPS  Earnings per share
38. CRIS  Comparative Rating Index for Sovereign. 
39. PCR  Public Credit Registry. 
40. FRBM  Fiscal Responsibility and Budget Management 
41. MMID  Mobile Money Identifier. 
42. VAT  Value Added Tax. 
43. CASA Current Account Saving Account 
44. TDS Tax Deducted at Source. 
45. MTN  Medium Term Note.
46. OLTAS  Online Tax Accounting System. 
47. GAAR General anti-avoidance rule.
48. CIDR Central Identities Data Repository.
49. WPI  Wholesale Price Index. 
50. FCNRA  Foreign Currency Non – Resident account. 
51. GNFV  Gross Negative Fair Value 
52. LIBOR London Inter-Bank Offered Rate. 
53. HCE  Host Card Emulation 
54. RIDF  Rural Infrastructure Development Fund.
55. ICAAP  Internal Capital Adequacy Assessment  Process
56. CVV Card Verification Value.
57. NPD   Net Primary Deficit.
58. USSD Unstructured Supplementary Services Data.
59. PAN  Permanent Account Number. 
60. NSSF  National Small Savings Fund.
61. IMPS  Interbank Mobile Payment Service
62. PAC  Public Account Committee
63. MIBOR  Mumbai Inter Bank Offered Rate. 
64. NEFT  National Electronic Fund Transfer.
65. NFA  No Frills Account.
66. APBS Aadhar Payment Bridge System.
67. UIDAI  Unique Indentification Authority of India. 
68. LAF Liquidity Adjustment Facility.
69. GST  Goods and Services Tax.
70. CRAR Capital to Risk Weighted Asset Ratio.
71. MCLR  Marginal cost of fund based lending rate.
72. GIRO  Government Internal Revenue Order.
73. PAC Personal Access Code. 
74. FII  Foreign Institutional Investor 
75. MPIN  Mobile Personal indentification Number.
76. PLR  Prime Lending Rate. 
77. YTM  Yield to Maturity.
78. EFT Electronic Fund Transfer
79. IRDA  Insurance Regulatory and Development Authority of India 
80. MICR  Magnetic Ink character Recognition.
81. SLR  Statutory Liquidity Ration. 
82. NAV Net Assets Value.
83. NBFC  Non – Banking Financial Companies.
84. SFTs  Securities financing transactions. 
85. NECS  National Electronic Clearing System.
86. KCC  Kisan Credit Card. 
87. NPA  Non – Performing Assets.
88. SDR  Special Drawing Rights.
89. SHGs  Self – Help Groups.
90. NFS National Financial Switch.
91. DIDF  Dairy Processing Infrastructure Development Fund.
92. IDR Indian Depository Receipts 
93. OTP One Time Password. 
94. IRR- Internal Rate Of Return. 
95. NFC  Near field communication.
96. OMO Open Market Operations. 
97. IMPS  Immediate Payment Service 
98. DTAA Double Taxation Avoidance Agreement.
99. NPV Net Present Value.
100. OECD  Organisation for Economic Cooperation and Development.
101. DEAF Depositer Education and Awareness Fund.
102. FINO  Financial Inclusion Network and Operation Limited
103. NPS  New Pension Scheme.
104. EFSF European Financial Stability Facility 
105. PIN  Personal Indentification Number.
106. IFSC  Indian Financial system code 
107. MUDRA  Micro Unit Development and Refinance Agency.
108. IPO  Initial Public Offering
109. PCA Prompt Corrective Action.
110. CBS  Core Banking Solutions.
111. ETF  Exchange Traded Fund 
112. ECS Electronic Clearing Service.
113. MFI Micro Finance Institutions.
114. PPP Purchasing Power Parity.
115. CAD  Current Account Deficit.  
116. TIEA Tax Information Exchange Agreement. 
117. PSPs  Payment Support Providers.
118. WMA Ways and Means Advances. 
119.  IBBI  Insolvency and Bankruptcy Board of India 
120.  MFDC   Micro Finance Development Council.
121.  RWA   Risk Weighted Asset.
122. ELSS  Equity Linked Saving  Scheme.
123.  NABARD  National Bank for Agriculture and Rural Development.
124.  ALM   Asset Liability Management.
125.  NPCL  National Payment Corporation of India.
126. SARFAESI  Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest.
127. NDTL  Net Demand and Time Liabilities.
128. CCL Cash Credit Limit.
129. TORA Transparency of Rules Act.
130. BCBS  Basel Commitee on Banking Supervision. 
131. PEE  Potential Future Exposure.
132. IDRBT Institute for Development and Research of Banking
133. PPP  Public Private Partnership.
134. FRN   Floating Rate Note.  
135. CIBIL  Credit Information Bureau of india Limited.
136. CAGR  Compound Annual Growth Rate .
137. QIB  Qualifiied Institutional Bankers.
138.  BBPS   Bharat Bill Payment System. 
139.  PNR Revenue Neutral Rate.