Important Banking & Financial Abbreviations for Bank Exams
Important Banking & Financial terms. Banking & Financial Abbreviations PDF. If you are preparing for SBI, IBPS, LIC and others competitive Exams, you are bound to find a few questions on Banking & Financial Abbreviations in your Banking & Financial Awareness section. So be prepared to tackle it all! Although the number of questions related to Banking & Financial Abbreviations asked in the exams are relatively less but it is advisable that every aspirant should be aware of Important Banking & Financial terms.
Banking & Financial Abbreviations are commonly asked in banking exams. IBPS SO, IPPB Officer, IBPS RRB, RBI, LIC AAO, SBI PO, SBI Clerk, IBPS PO, IBPS Clerk, and other banking exams test your knowledge in Banking & Financial area. Today we are providing you with an article on the list of Banking & Financial Abbreviations in PDF format. Two or three questions are expected in upcoming exams.
Important Banking & Financial Abbreviations
| S. No. | Banking & Financial terms | Full Form |
| 1 | AEPS | Aadhar Enabled Payment System |
| 2 | APBS | Aadhar Payment Bridge System |
| 3 | ATM | Automated Teller Machine |
| 4 | ALM | Asset Liability Management |
| 5 | BBPS | Bharat Bill Payment System |
| 6 | BHIM | Bharat Interface for Money |
| 7 | CBS | Core Banking System |
| 8 | CIDR | Central Identities Data Repository |
| 9 | CTS | Cheque Truncation System |
| 10 | CDR | Corporate Debt Restructuring |
| 11 | CASA | Current Account Saving Account |
| 12 | CAD | Capital Account Deficit |
| 13 | CRR | Cash Reserve Ratio |
| 14 | ECS | Electronic Clearing Service |
| 15 | DNS | Domain Name System |
| 16 | DEAF | Depositor Education and Awareness Fund |
| 17 | EFTPOS | Electronic funds transfer at point of sale |
| 18 | EFT | Electronic Fund Transfer |
| 19 | FRBM | Fiscal Responsibility and Budget Management |
| 20 | LGD | Loss Given Default |
| 21 | LTV | Loan To Value |
| 22 | GNFV | Gross Negative Fair Value |
| 23 | SFTs | Securities financing transactions |
| 24 | HCE | Host Card Emulation |
| 25 | PFE | Potential Future Exposure |
| 26 | ICAAP | Internal Capital Adequacy Assessment Process |
| 27 | IFSC | Indian Financial System Code |
| 28 | IMPS | Immediate Payment Service |
| 29 | IMPS | Interbank Mobile Payment Service |
| 30 | MMID | Mobile Money Identifier |
| 31 | MPIN | Mobile Personal Identification Number |
| 32 | NPA | Non- Performing Assets |
| 33 | NPCI | National Payment Corporation of India |
| 34 | NFS | National Financial Switch |
| 35 | NACH | National Automated Clearing House |
| 36 | NEFT | National Electronic Fund Transfer |
| 37 | NFC | Near field communication |
| 38 | NDTL | Net Demand and Time Liabilities |
| 39 | OTC | Over the Counter |
| 40 | PIN | Personal Identification Number |
| 41 | PAC | Personal Access Code |
| 42 | PCA | Prompt Corrective Action |
| 43 | BCBS | Basel Committee on Banking Supervision |
| 44 | SARFAESI | Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest |
| 45 | MICR | Magnetic Ink Character Recognition |
| 46 | MIBOR | Mumbai Inter Bank Operation Rate |
| 47 | LIBOR | London Inter Bank Operation Rate |
| 48 | CRIS | Comparative Rating Index for Sovereign |
| 49 | IDF | Infrastructure Debt Fund |
| 50 | MSF | Marginal Standing Facility |
| 51 | TRAI | Telecom Regulatory Authority of India |
| 52 | MFDC | Micro Finance Development Council |
| 53 | MFI | Micro Finance Institutions |
| 54 | FCNRA | Foreign Currency Non- Resident account |
| 55 | DTC | Direct Tax Code |
| 56 | GST | Goods and Services Tax |
| 57 | DII | Domestic Institutional Investor |
| 58 | FII | Foreign Institutional Investor |
| 59 | EEFC | Exchange Earner’s Foreign Currency |
| 60 | NPS | New Pension Scheme |
| 61 | PPP | Public Private Partnership |
| 62 | PPP | Purchasing Power Parity |
| 63 | EFSF | European Financial Stability Facility |
| 64 | TIEA | Tax Information Exchange Agreement |
| 65 | DTAA | Double Taxation Avoidance Agreement |
| 66 | SDR | Special Drawing Rights |
| 67 | SLR | Statutory Liquidity Ratio |
| 68 | PLR | Prime Lending Rate |
| 69 | PAN | Permanent Account Number |
| 70 | GAAR | General anti avoidance rule |
| 71 | GDR | Global Depository Receipt |
| 72 | VPA | Virtual Payment Address |
| 73 | UIDAI | Unique Identification Authority of India |
| 74 | USSD | Unstructured Supplementary Services Data |
| 75 | RTGS | Real Time Gross Settlement |
You may also download Banking & Financial Abbreviations in PDF format from below link-
40+ Important Static GK PDF for IBPS RRB PO/Clerk Mains 2018 – Download Free PDF
Attempt Free Mock Tests & Get Free eBooks
