Banking Abbreviations
Reserve Bank of India (RBI) & Monetary Financial Action Task Force (FATF) &
Policy International Banking
1. RBI – Reserve Bank of India 1. FATF – Financial Action Task Force
2. MPC – Monetary Policy Committee 2. AML – Anti-Money Laundering
3. CRR – Cash Reserve Ratio 3. CFT – Countering the Financing of Terrorism
4. SLR – Statutory Liquidity Ratio 4. OECD – Organisation for Economic Co-operation
5. MSF – Marginal Standing Facility and Development
6. OMO – Open Market Operations 5. WTO – World Trade Organization
7. SDF – Standing Deposit Facility 6. IMF – International Monetary Fund
8. LAF – Liquidity Adjustment Facility 7. WB – World Bank
9. WMA – Ways and Means Advances 8. BIS – Bank for International Settlements
10. NDTL – Net Demand and Time Liabilities 9. SWIFT – Society for Worldwide Interbank Financial
Telecommunications
10. LIBOR – London Interbank Offered Rate
Banking & Regulatory Institutions
1. SEBI – Securities and Exchange Board of India
2. PFRDA – Pension Fund Regulatory and Digital Banking & Payment Systems
Development Authority 1. NEFT – National Electronic Funds Transfer
3. NABARD – National Bank for Agriculture and Rural 2. RTGS – Real-Time Gross Settlement
Development 3. UPI – Unified Payments Interface
4. SIDBI – Small Industries Development Bank of India 4. NPCI – National Payments Corporation of India
5. NHB – National Housing Bank 5. CTS – Cheque Truncation System
6. FSDC – Financial Stability and Development Council 6. BAS – Banking as a Service
7. DICGC – Deposit Insurance and Credit Guarantee 7. PPI – Prepaid Payment Instruments
Corporation
8. FCI – Food Corporation of India Government Schemes & Financial Inclusion
9. CRILC- Central Repository of Information on Large 1. PMJDY – Pradhan Mantri Jan Dhan Yojana
Credits 2. MUDRA – Micro Units Development and Refinance
Agency
Non-Banking Financial Companies (NBFCs) & 3. PMAY – Pradhan Mantri Awas Yojana
Insurance 4. NPS – National Pension System
1. NBFC – Non-Banking Financial Company 5. APY – Atal Pension Yojana
2. HFC – Housing Finance Company 6. RSETI – Rural Self Employment Training Institute
3. CIC – Core Investment Company 7. SHG – Self-Help Group
4. IRF – Interest Rate Futures 8. SJSRY – Swarna Jayanti Shahari Rozgar Yojana
5. ULIP – Unit Linked Insurance Plan 9. NRLM – National Rural Livelihood Mission
6. GIC – General Insurance Corporation 10. PMEGP – Prime Minister’s Employment Generation
7. MICR – Magnetic Ink Character Recognition Programme
8. BFSI – Banking, Financial Services, and Insurance
Stock Market & Capital Markets
1. FII – Foreign Institutional Investor
2. FPI – Foreign Portfolio Investment
BANKING ABBREVIATIONS
3. IPO – Initial Public Offering 2. IFSCA – International Financial Services Centres
4. SENSEX – Stock Exchange Sensitive Index Authority
5. NIFTY – National Fifty 3. DIPAM – Department of Investment and Public
6. NAV – Net Asset Value Asset Management
7. SME – Small and Medium Enterprises 4. DEA – Department of Economic Affairs
8. ADR – American Depository Receipt 5. FRBM – Fiscal Responsibility and Budget
9. GDR – Global Depository Receipt Management
6. NCAER – National Council of Applied Economic
Miscellaneous Banking & Financial Terms Research
1. LRS – Liberalized Remittance Scheme 7. EAC-PM – Economic Advisory Council to the Prime
2. CASA – Current Account and Savings Account Minister
3. PSU – Public Sector Undertaking 8. CAG – Comptroller and Auditor General of India
4. FSDR – Financial Sector Development and 9. UIDAI – Unique Identification Authority of India
Regulation 10. NSO – National Statistical Office
Banking Risk Management & Basel Norms Banking Operations & Transactions
1. CBS – Core Banking Solution
1. CERSAI – Central Registry of Securitisation Asset 2. IFSC – Indian Financial System Code
Reconstruction and Security Interest 3. SWIFT – Society for Worldwide Interbank Financial
2. BASEL – Bank for International Settlements Telecommunication
Accords (Basel I, II, III) 4. LEI – Legal Entity Identifier
3. LCR – Liquidity Coverage Ratio 5. BIC – Bank Identifier Code
4. NSFR – Net Stable Funding Ratio 6. TReDS – Trade Receivables Discounting System
5. ICAR – Internal Capital Adequacy Ratio 7. IBAN – International Bank Account Number
6. KYC – Know Your Customer
8. NACH – National Automated Clearing House
7. EWS – Early Warning Signals
8. CIBIL – Credit Information Bureau (India) Limited 9. ECS – Electronic Clearing System
9. SMA – Special Mention Accounts 10. CTS – Cheque Truncation System
Cooperative & Rural Banking Digital Payments & Fintech
1. RBB – Regional Rural Bank 1. FINO – Financial Inclusion Network and
2. UCB – Urban Cooperative Bank Operations
3. DCCB – District Central Cooperative Bank 2. DIGI PAY – Digital Payment System
4. SCB – State Cooperative Bank 3. USSD – Unstructured Supplementary Service
5. PACS – Primary Agricultural Credit Society Data
6. FPO – Farmer Producer Organization 4. VPA – Virtual Payment Address
7. KCC – Kisan Credit Card 5. UPI PIN – Unified Payments Interface Personal
8. SHG-BLP – Self-Help Group - Bank Linkage Identification Number
Programme 6. AEPS – Aadhaar Enabled Payment System
9. MSME – Micro, Small, and Medium Enterprises 7. BAS – Banking as a Service
10. AIF – Agriculture Infrastructure Fund 8. BNPL – Buy Now, Pay Later
9. DLA – Digital Lending App
10. OTC – Over-the-Counter Transactions
Important Economic & Financial
Institutions
1. IFSC – International Financial Services Centre International Trade & Finance
1. EXIM – Export-Import
BANKING ABBREVIATIONS
2. LC – Letter of Credit Cooperative Banking & Rural Finance
3. BG – Bank Guarantee 1. SCARDB – State Cooperative Agriculture and
4. ECB – External Commercial Borrowing Rural Development Bank
5. FEMA – Foreign Exchange Management Act 2. DCCB – District Central Cooperative Bank
6. BOP – Balance of Payments 3. PACS – Primary Agricultural Credit Society
7. BOT – Balance of Trade 4. RIDF – Rural Infrastructure Development Fund
8. SDR – Special Drawing Rights 5. AGVB – Assam Gramin Vikash Bank
9. FCEB – Foreign Currency Exchangeable Bond 6. MUDRA – Micro Units Development and
10. IDR – Indian Depository Receipt Refinance Agency
7. SHG-BLP – Self-Help Group - Bank Linkage
Non-Performing Assets (NPA) & Recovery Programme
Mechanisms 8. KCC – Kisan Credit Card
1. NPA – Non-Performing Asset 9. RBI-FIDD – Reserve Bank of India – Financial
2. DTS – Debt Tracking System Inclusion and Development Department
3. IBC – Insolvency and Bankruptcy Code
4. ARC – Asset Reconstruction Company Cyber Security & Banking Frauds
5. SARFAESI – Securitization and Reconstruction of 1. CERT-In – Computer Emergency Response
Financial Assets and Enforcement of Security Team-India
Interest Act 2. CVC – Central Vigilance Commission
6. NCLT – National Company Law Tribunal 3. RBI-DSIM – Reserve Bank of India – Department
7. NCLAT – National Company Law Appellate of Statistics and Information Management
Tribunal 4. FIU-IND – Financial Intelligence Unit-India
8. OTS – One-Time Settlement 5. CSI – Cyber Security Initiative
9. SSM – Special Mention Account 6. CTF – Countering Terrorist Financing
10. DRT – Debt Recovery Tribunal 7. MLAT – Mutual Legal Assistance Treaty
8. UIDAI – Unique Identification Authority of India
Financial Market Instruments 9. EMV – Europay, Mastercard, and Visa (chip-
1. REPO – Repurchase Agreement based cards)
2. T-Bill – Treasury Bill 10. PCI DSS – Payment Card Industry Data Security
3. G-Sec – Government Security Standard
4. CD – Certificate of Deposit
5. CP – Commercial Paper Miscellaneous Financial & Governance
6. CCIL – Clearing Corporation of India Ltd Terms
7. MIBOR – Mumbai Interbank Offered Rate 1. PPP – Public-Private Partnership
8. SGL – Subsidiary General Ledger 2. MCA – Ministry of Corporate Affairs
3. NITI – National Institution for Transforming
Investment & Mutual Funds India
1. AUM – Assets Under Management 4. GSTN – Goods and Services Tax Network
2. ETF – Exchange Traded Fund 5. CGTMSE – Credit Guarantee Fund Trust for
3. REIT – Real Estate Investment Trust Micro and Small Enterprises
4. NAV – Net Asset Value 6. TDS – Tax Deducted at Source
5. SIP – Systematic Investment Plan 7. BIS – Bureau of Indian Standards
6. ELSS – Equity Linked Savings Scheme 8. SPMCIL – Security Printing and Minting
7. MMMF – Money Market Mutual Fund Corporation of India Ltd
8. STP – Systematic Transfer Plan 9. CPI-IW – Consumer Price Index for Industrial
9. SWP – Systematic Withdrawal Plan Workers
BANKING ABBREVIATIONS
RBI Regulations & Monetary Policy 9. FCCB – Foreign Currency Convertible Bond
1. RBI-FED – Reserve Bank of India – Foreign
Exchange Department Credit Rating & Risk Management
2. RBI-FMRD – Reserve Bank of India – Financial 1. CRISIL – Credit Rating Information Services of India
Market Regulation Department Ltd
3. MPD – Monetary Policy Department 2. ICRA – Investment Information and Credit Rating
4. VRR – Voluntary Retention Route Agency
5. VPA – Variable Reverse Repo Auction 3. CARE – Credit Analysis and Research Ltd
6. WACR – Weighted Average Call Rate 4. Moody’s – Moody’s Investors Service
7. SDR – Statutory Debt Ratio 5. FITCH – Fitch Ratings
6. S&P – Standard & Poor’s
Financial Inclusion & Social Banking 7. LTV – Loan to Value Ratio
1. FIAC – Financial Inclusion Advisory Committee 8. DSCR – Debt Service Coverage Ratio
2. PMJDY – Pradhan Mantri Jan Dhan Yojana 9. PD – Probability of Default
3. PMMY – Pradhan Mantri Mudra Yojana 10. LGD – Loss Given Default
4. DSC – Digital Signature Certificate
5. DFS – Department of Financial Services Priority Sector Lending & MSMEs
6. FI-Index – Financial Inclusion Index 1. PSL – Priority Sector Lending
7. DIDI – Digital India Digital Infrastructure 2. MSME – Micro, Small, and Medium Enterprises
8. DARPAN – Digital Advancement of Rural Post 3. CGS – Credit Guarantee Scheme
Offices for a New India 4. SFAC – Small Farmers Agribusiness Consortium
9. BFS – Board for Financial Supervision 5. FLC – Financial Literacy Centre
6. LPS – Lead Bank Scheme
Insurance & Pension Sector 7. TReDS – Trade Receivables Discounting System
1. IRDAI – Insurance Regulatory and Development
Authority of India Financial Reporting & Compliance
2. LIC – Life Insurance Corporation 1. XBRL – Extensible Business Reporting Language
3. GIC – General Insurance Corporation 2. IFRS – International Financial Reporting Standards
4. TPA – Third Party Administrator 3. GAAP – Generally Accepted Accounting Principles
5. PPF – Public Provident Fund 4. IND AS – Indian Accounting Standards
6. EPFO – Employees’ Provident Fund Organisation 5. BRSR – Business Responsibility and Sustainability
7. NPS – National Pension System Reporting
8. APY – Atal Pension Yojana 6. SOX – Sarbanes-Oxley Act
9. ULIP – Unit Linked Insurance Plan 7. CTR – Cash Transaction Report
10. RIDF – Rural Insurance Development Fund 8. STR – Suspicious Transaction Report
Capital Market & Stock Exchanges Digital Banking & Cybersecurity
1. NSE – National Stock Exchange 1. API – Application Programming Interface
2. BSE – Bombay Stock Exchange 2. QR Code – Quick Response Code
3. MCX – Multi Commodity Exchange 3. IMPS – Immediate Payment Service
4. FPI – Foreign Portfolio Investment 4. POS – Point of Sale
5. FDI – Foreign Direct Investment 5. TAT – Turnaround Time
6. ADR – American Depository Receipt 6. DDoS – Distributed Denial of Service Attack
7. GDR – Global Depository Receipt 7. PKI – Public Key Infrastructure
8. ESOP – Employee Stock Ownership Plan 8. HSM – Hardware Security Module
BANKING ABBREVIATIONS
Corporate Governance & CSR 5. FRBMA – Fiscal Responsibility and Budget
1. CSR – Corporate Social Responsibility Management Act
2. ESG – Environmental, Social, and Governance 6. NFCG – National Foundation for Corporate
3. GCGC – Global Corporate Governance Code Governance
4. ICAI – Institute of Chartered Accountants of India 7. GAAR – General Anti-Avoidance Rule
5. CS – Company Secretary 8. SAARC – South Asian Association for Regional
6. SEZ – Special Economic Zone Cooperation
7. SPV – Special Purpose Vehicle 9. TIEA – Tax Information Exchange Agreement
8. BOT – Build-Operate-Transfer
9. BOOT – Build-Own-Operate-Transfer Taxation & Fiscal Policy
10. JV – Joint Venture 1. CBDT – Central Board of Direct Taxes
2. CBIC – Central Board of Indirect Taxes and Customs
Macroeconomic Indicators & Policies 3. GST – Goods and Services Tax
1. GDP – Gross Domestic Product 4. SGST – State Goods and Services Tax
2. GNP – Gross National Product 5. CGST – Central Goods and Services Tax
3. NNP – Net National Product 6. IGST – Integrated Goods and Services Tax
4. CPI – Consumer Price Index 7. DTAA – Double Taxation Avoidance Agreement
5. WPI – Wholesale Price Index 8. MAT – Minimum Alternate Tax
6. IIP – Index of Industrial Production 9. TDS – Tax Deducted at Source
7. MSME – Micro, Small, and Medium Enterprises 10. TCS – Tax Collected at Source
8. SDG – Sustainable Development Goals
9. EODB – Ease of Doing Business Banking Reforms & Digital Economy
10. IPR – Intellectual Property Rights 1. BBPS – Bharat Bill Payment System
2. RWA – Risk-Weighted Assets
International Banking & Financial 3. ECS – Electronic Clearing Service
Institutions 4. SWIFT – Society for Worldwide Interbank Financial
1. BIS – Bank for International Settlements Telecommunication
2. IBRD – International Bank for Reconstruction and 5. ACH – Automated Clearing House
Development
3. IDA – International Development Association
Cooperative Banks & Rural Development
4. IMF – International Monetary Fund
1. RRB – Regional Rural Bank
5. ADB – Asian Development Bank
2. CRAR – Capital to Risk-Weighted Assets Ratio
6. AIIB – Asian Infrastructure Investment Bank
3. PSB – Public Sector Bank
7. NDB – New Development Bank (BRICS Bank)
4. SCB – Scheduled Commercial Bank
8. EBRD – European Bank for Reconstruction and
5. UCBS – Urban Cooperative Banks
Development
6. SFB – Small Finance Bank
9. OECD – Organisation for Economic Co-operation
7. LBS – Lead Bank Scheme
and Development
8. RIDF – Rural Infrastructure Development Fund
10. EIB – European Investment Bank
9. SBI-RD – State Bank of India Rural Development
Financial Stability & Regulatory Framework
Corporate Financing & Investment Schemes
1. FSB – Financial Stability Board
1. FII – Foreign Institutional Investors
2. IOSCO – International Organization of Securities
2. FPO – Follow-on Public Offer
Commissions
3. IPO – Initial Public Offering
3. BCBS – Basel Committee on Banking Supervision
4. PE – Private Equity
4. MIFC – Mumbai International Financial Centre
BANKING ABBREVIATIONS
5. VC – Venture Capital Climate Finance & Green Economy
6. OFS – Offer for Sale 1. ESG – Environmental, Social, and Governance
7. QIP – Qualified Institutional Placement 2. CDP – Carbon Disclosure Project
8. MAS – Market Access Scheme 3. NCEF – National Clean Energy Fund
9. ICRA – Investment Information and Credit Rating 4. ISA – International Solar Alliance
Agency 5. REDD- Reducing Emissions from Deforestation and
10. RERA – Real Estate Regulatory Authority Forest Degradation
6. CCS – Carbon Capture and Storage
Economic Reforms & Financial Services 7. IUCN – International Union for Conservation of
1. LPG – Liberalization, Privatization, and Nature
Globalization 8. GDP-G – Green GDP
2. PPP – Public-Private Partnership 9. SDGs – Sustainable Development Goals
3. NITI – National Institution for Transforming India 10. CSIR-NEERI – Council of Scientific and Industrial
4. DISCOM – Distribution Company Research – National Environmental Engineering
5. REIT – Real Estate Investment Trust Research Institute
6. INVITs – Infrastructure Investment Trusts
7. GIFT – Gujarat International Finance Tec-City
8. CPI-M – Consumer Price Index for Industrial
Workers
9. DBT – Direct Benefit Transfer
10. SAMARTH – Skill Acquisition and Knowledge
Awareness for Livelihood Promotion
Government Schemes & Social Welfare
1. MGNREGA – Mahatma Gandhi National Rural
Employment Guarantee Act
2. PM-KISAN – Pradhan Mantri Kisan Samman Nidhi
3. PMFBY – Pradhan Mantri Fasal Bima Yojana
4. SSY – Sukanya Samriddhi Yojana
5. NFSA – National Food Security Act
6. PMAY – Pradhan Mantri Awas Yojana
7. ICDS – Integrated Child Development Services
8. NSAP – National Social Assistance Programme
Foreign Trade & Export Promotion
1. EXIM – Export-Import Bank of India
2. EEPC – Engineering Export Promotion Council
3. ITPO – India Trade Promotion Organisation
4. FMC – Forward Markets Commission
5. DGFT – Directorate General of Foreign Trade
6. NIRVIK – Niryat Rin Vikas Yojana
7. MAI – Market Access Initiative
8. ECGC – Export Credit Guarantee Corporation
9. NAFED – National Agricultural Cooperative
Marketing Federation
BANKING ABBREVIATIONS
