Banking Full Forms: Banking Words Abbreviation List

Have you ever heard an acronym but didn’t know what it meant? There are several full forms in the industry of banking sector, but today we are going to discuss some full form which is very important to know like banking sector name, various types of banking terms and many more.

List of top Banking related terms and their full forms

Those of students you who are preparing for banking examination must be well aware of the banking basics and full forms of bank names.

General knowledge is the essential area for any focused examination, for example, UPSC, State services, SSC and banking, and railways.

Stay tuned with us to learn about the full form of banks and their related terms.

Full Forms of Bank Names & List of Useful Indian Banking

AcronymFull Form
RBIReserve Bank of India
NABARDNational Bank for Agriculture and Rural Development
SBIState Bank of India
DCBDevelopment Credit Bank
IVBING Vysya Bank
PSBPunjab & Sind Bank
SVCShamrao Vitthal Co-operative Bank
IDBIIndustrial Development Bank of India
HDFCHousing Development and Finance Corporation
ICICIIndustrial Credit and Investment Corporation of India Limited
PNBPunjab National Bank
BOIBank of India
UBIUnited Bank of India
BMBBharatiya Mahila Bank
UOBUnion Bank of India
BOBBank of Baroda
BOMBank of Maharashtra
IOBIndian Overseas Bank
UCOUnited Commercial Bank
CBICentral Bank of India
OBCOriental Bank of Commerce
BORBank of Rajasthan
CUBCity Union Bank
CSBCatholic Syrian Bank
KVBKarur Vysya Bank
LVBLakshmi Vilas Bank
SIBSouth Indian Bank
TMBTamilnad Mercantile Bank
EXIMExport-Import Bank
IIBIIndustrial Investment Bank of India
SIDBISmall Industries Development Bank of India
NHBNational Housing Bank
RBLRatnakar Bank Limited

Full Forms of Bank Names & List of Useful Foreign Banking

AcronymFull Form
BOABank of America
AEAmerican Express
HSBCHong Kong and Shanghai Banking Corporation
DBSThe Development Bank of Singapore
ADBAsian Development Bank
RBSRoyal Bank of Scotland
BOCBank of Ceylon
ACBAbu Dhabi Commercial Bank
BBKBank of Bahrain and Kuwait
DBDeutsche Bank
SCBStandard Chartered Bank

Full Forms of Bank Names & List of Useful Banking Terms

AcronymFull Form
ADRAmerican Depositary Receipt
AIDWAAll India Democratic Woman’s Association
AITUCAll India Trade Union Congress
AMFIAssociation of Mutual Funds in India
APECAsia-Pacific Economic Cooperation
APLAbove Poverty Line
APMAdministered Pricing Mechanism
ARCAsset Reconstruction Company
ARDRAgricultural and Rural Debt Relief
ASBAApplication Supported by Block Amount
ASEANAssociation of South-East Asian Nations
ASEMAsia-Europe Meeting
ASSOCHAMAssociated Chambers of Commerce and Industry
ATMAutomatic Teller Machine
BIFRBoard of Industrial and Financial Reconstruction
BCBSBasel Committee for Banking Supervision
BCSBIBanking Codes and Standards Board of India
BISBureau of Indian Standards
BOLTBSE On-Line Trading (System)
BOTBuild, Operate and Transfer
BPLBelow Poverty Line
BPOBusiness Process Outsourcing
BSEBombay Stock Exchange
CAChartered Accountant
CABECentral Advisory Board of Education
CACPCommission of Agriculture Cost and Price
C & AGComptroller & Auditor General
CAMELSC – Capital adequacy, A – Asset quality, M – Management quality, E – Earnings, L – Liquidity, S – Sensitivity to Market Risk
CAPARTCouncil for People’s Action and Advancement of Rural Technology
CARCapital adequacy ratio
CARECredit Analysis & Research Ltd.
CBSCore banking solution
CCICompetition Commission of India
CCILClearing Corporation of India limited
CDSLCentral Securities Depository Limited
CECAComprehensive Economic Cooperation Agreement
CEPAComprehensive Economic Partnership Agreement
CIBILCredit Information Bureau (India) Ltd
CIIConfederation of Indian Industry
CISCommonwealth of Independent States
CHOGMCommonwealth Heads of Government Meeting
CITESConvention on International Trade in Endangered Species
CITUCentre Of Indian Trade Unions
CMPCommon Minimum Program
CPI (UNME)The Consumer Price Index for Urban Non-Manual Employees.
CPI (AL)Consumer Price Index for Agricultural Labors.
CPI (IW)Consumer Price Index for Industrial Workers
CPI (RL)Consumer Price Index for Rural Labourers
CRARCapital to Risk (Weighted) Assets Ratio
CRISILCredit Rating Information Services of India Limited
CRRCash Reserve Ratio
CSIRCouncil of Scientific and Industrial Research
CSTCentral Sales Tax
CTTCommodities Transaction Tax
DADearness Allowance; Daily Allowance
DMICDelhi-Mumbai Industrial Corridor
DPEPDistrict Primary Education Program
ECAEssential Commodity Act
ECBExternal Commercial Borrowings
ECSElectronic clearing system
EDUSATEducation Satellite
EEEExempt Exempt Exempt
EETExempt Exempt Taxation
EFAEducation for All
EFTElectronic fund transfer
EEFC AccountsExchange Earners Foreign Currency Account
EGOMEmpowered Group of Ministers
EMIEquated Monthly Installment
EMSEuropean Monetary System
ERNETEducational and Research Network
ESAEuropean Space Agency
ESCAPEconomic and Social Commission for Asia and Pacify
ESMAEssential Services Maintenance Act
ESOPEmployee Stock Option Program
EUEuropean Union
FAOFood and Agriculture Organization
FCCBForeign Currency Convertible Bond
FCNRForeign Currency (Non-Resident) Accounts Scheme
EPFEmployees Provident Fund
EPFOEmployees Provident Fund Organization
FDIForeign Direct Investment
FEMAForeign Exchange Management Act
FERAForeign Exchange Regulations Act
FICCIFederation of Indian Chambers Of Commerce and Industry
FIIForeign Institutional Investors
FIPBForeign Investment Promotion Board (Of India)
FMCGFast Moving Consumer Goods
FPOFollow on Public Offer
FRBMFiscal Responsibility And Budget Management
FSSAFood Safety And Standards Authority (Of India)
FTAFree Trade Area
GATTGeneral Agreement On Tariffs And Trade
GCCGulf Cooperation Council
GDPGross Domestic Product
GDRGlobal Depositary Receipt
GEFGlobal Environment Fund
GICGeneral Insurance Corporation
GNPGross National Product
GSTGoods and Service Tax
HDIHuman Development Index
HUDCOHousing And Urban Development Corporation
IAAIInternational Airport Authority Of India
IAASIndian Audit and Accounts Service
IADFInternational Agricultural Development Fund
IAEAInternational Atomic Energy Agency
IASBThe International Accounting Standards Board
IBRDInternational Bank for Reconstruction And Development
ICAIInstitute of Chartered Accountants of India
ICARIndian Council of Agricultural Research
ICCWIndian Council for Child Welfare
ICDSIntegrated Child Development Service
ICMRIndian Council of Medical Research
ICORIncremental capital output ratio
ICRCInternational Committee of Red Cross
IDAInternational Development Association
ICRAInvestment Information and Credit Rating Agency
IESIndian Economic Service
IEXIndian Energy Exchange
IFRSInternational Financial Reporting Standard
IFSCIndian financial system code
IFTUInternational Federation of Trade Unions
IFWJIndian Federation of Working Journalists
IIPThe Index of Industrial Production
IIPAIndian Institute of Public Administration
IISSInternational Institute of Strategic Studies
ILOInternational Labor Organization
IMFInternational Monetary Fund
IMOInternational Maritime Organization
IDRIndian Depository Receipts
IMRBIndian Market Research Bureau
INMARSATInternational Maritime Satellite Organization
INTERPOLInternational Police Organization
INTUCIndian National Trade Union Congress
IOCInternational Olympic Committee
IPCCIntergovernmental Panel on Climate Change
IPECInternational Program on Elimination Of Child Labor
IPOInitial public offer
IPRIntellectual Property Right
IRDAInsurance Regulatory and Development Authority
IREPIntegrated Rural Energy Planning
ISOInternational Standardization Organization
ISSInternational Space Station
ITDCIndian Tourism Development Corporation
ITOInternational Trade Organization; Income-Tax Officer
ITUInternational Tele-Communication Union
JNNURMJawaharlal Nehru National Urban Renewal Mission
KPOKnowledge Process Outsourcing
KYCKnow your customer
LDCLeast Developed Countries
LIBORLondon Inter-Bank Offer Rate
LICLife Insurance Corporation (Of India)
LLPLimited Liability Partnership
MATMinimum Alternative Tax
MAITManufacturers’ Association for Information Technology
MCAPMarket capitalization / Midcap
MDGMillennium development goals
MEPMinimum Export Price
MFAMulti-Fiber Agreement
MFIMicrofinance institution
MFINMicrofinance institution network
MFNMost Favored Nation
MIBORMumbai Interbank offer rate
MINMutual fund identification no.
MNCMulti-National Corporation
MRTPCMonopolies and Restrictive Trade Practices Commission
MRTSMass Rapid Transit System
MSMEMicro Small and Medium Enterprises
MSPMinimum support price
MTOMultilateral Trade Organization
NAEPNational Adult Education Program
NAFEDNational Agricultural Cooperative Marketing Federation of India Ltd
NAFTANorth America Free Trade Agreement
NAMNon-Aligned Movement
NAMANon-Agriculture Market Access
NASDAQNational Association of Securities Dealers Automated Quotation
NATONorth Atlantic Treaty Organization
NAVNet Asset Value
NBFCNon-Banking Finance Companies
NCAERNational Council Of Applied Economic Research
NCERTNational Council Of Education Research And Training
NCPCRNational Commission for Protection of Child Rights
NDCNational Development Council
NEFTNational Electronic Fund Transfer
NEGPNational E-Governance Plan
NEPNational Education Policy
NFONew Fund Offers
NHAINational Highways Authority of India
NHDPNational Highways Development Project
NHRCNational Human Rights Commission
NIFTNational Institute of Fashion Technology
NIONational Institute of Oceanography
NLMANational Literacy Mission Authority
NMDCNational Mineral Development Corporation
NNPNet National Production
NPANon-Performing Asset
NPRNational Population Register
MGNREGANational Rural Employment Guarantee Act
NSENational Stock Exchange
NSDLNational Securities Depository Limited
NSSONational Sample Survey Organization
NTPCNational Thermal Power Corporation
ODAOfficial Development Assistance
OECDOrganization of Economic Co-Operation and Development
OGLOpen General License
OICOrganization of Islamic Countries
OILOil India Limited
OMCSOil Marketing Companies
ONGCOil And Natural Gas Commission
OPECOrganization Of Petroleum Exporting Countries
OSCEOrganization For Security And Cooperation In Europe
PACPublic Accounts Committee
PANPermanent Account Number (Of Income-Tax)
PATAPacific-Asia Travel Association
PCIPer capita income
PDSPublic Distribution System
PILPublic Interest Litigation
PIOPersons Of Indian Origin
PNParticipatory Note
POPPoint Of Purchase
PPFPublic Provident Fund
PPPPublic-private partnership / Purchasing power parity
PTAPreferential Trade Area
PURAProviding urban amenities in rural areas
QIBQualified Institutional Buyer
QIPQualified Institutional Placement
QRQuantitative Restriction
RIDFRural infrastructure development fund
RRBRegional Rural Bank
RRPIRural Retail Price Index
RTGSReal Time Gross Settlement System
SAARCSouth Asian Association for Regional Co-operation
SAFTASouth Asian Free Trade Area
SAILSteel Authority of India Limited
SAPTASAARC Preferential Trading Agreement
SARFAESI ACTThe Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
SCOShanghai Cooperation Organization
SCOPEStanding Conference On Public Enterprises
SDRSpecial Drawing Rights
SEBISecurities And Exchange Board Of India
SEZSpecial Economic Zone
SEWASelf-employed woman’s association
SLRStatutory Liquidity Ratio
STTSecurities Transaction Tax
SWIFTSociety for Worldwide Financial Telecommunications,
TDSTax Deduction at Source
TIFRTata Institute Of Fundamental Research
TINTax Information Network
TINXSYSTax Information Exchange System
TISCOTata Iron and Steel Company
TPDSTargeted Public Distribution System
TRAITelecom Regulatory Authority Of India
TRIMSTrade-Related Investment Measures
TRIPSTrade Related Intellectual Property Rights
TRYSEMTraining Of Rural Youth For Self Employment
UNUnited Nations
UNCTADUnited Nations Conference On Trade And Development
UNDPUnited Nations Development Program
UNEFUnited Nations Emergency Force
UNEPUnited Nations Environment Program
UNESCOUnited Nations Educational, Scientific And Cultural Organization
UNFCCCUnited nation framework convention on climate change
UNFPOUnited Nations Fund For Population Activities
UNHCRUnited Nations High Commissioner For Refugees
UNHRCUnited Nations Human Rights Commission
UNICEFUnited Nations International Children’s (Emergency) Fund
UNIDOUnited Nations Industrial Development Organization
UNRRAUnited Nations Relief And Rehabilitation Administration
VATValue-Added Tax
VDISVoluntary Disclosure Of Income Scheme
VRSVoluntary Retirement Scheme
WEFWorld Economic Forum
WFPWorld Food Program
WHOWorld Health Organization
WIPOWorld Intellectual Property Organization
INRIndian Rupee
POProbationary Officer & Post Office
ESIEmployees’ State Insurance

If you know any other Banking sector name or Banking related terms so, please write the name and full form in the comment box and we will update as suggested.

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