Banking abbreviations are commonly asked in banking exams like IBPS PO, RRB PO, SBI PO, SBI Clerk, IBPS Clerk, and other banking exams. The list of 100 most important banking abbreviations is given here.

ASBAApplication Supported by Blocked Amount
PINPersonal Identification Number
CECAComprehensive Economics Cooperation Aggrement
DTAADouble Taxation Avoidance Agreement
EFSFEuropean Financial Stability Facility
FINOFinancial Inclusion Network Operations
FIPBForeign Investment Promotion Board
FSLRCFinancial Sector Legislative Reforms Commission
CRARCapital to Risk-Weighted Assets Ratio
LCRLiquidity Coverage Ratio
LTVLoan to Value Ratio
TARCTax Administration Reforms Commission
GIROGovernment Internal Revenue Order
FRBMAFiscal Responsibility & Budget Management Act
AMFIAssociation of Mutual Funds in India
TIEATax Information Exchange Agreement
GAARGeneral Anti Avoidance Rule
GSLVGeostationary Satellite Launch Vehicle
PSLVPolar Satellite Launch Vehicle
PPPPurchasing Power Parity
PPPPublic Private Partnership
TAPITurkmenistan Afghanistan Pakistan India
QFIQualified Foreign Investors
ASSOCHAMAssociated Chambers of Commerce and Industry of India
BCSBIBanking Codes and Standards Board of India
BISBank of International Settlements
CDSCredit Default Swap
CADCurrent Account Deficit
FIMMDAFixed Income Money Markets & Derivative Association
FDIForeign Direct Investment
FPIForeign Portfolio Investors
IBRDInternational Bank for Reconstruction and Development
IFCInternational Finance Corporation
BRICSBrazil Russia India China South-Africa
UIDAIUnique Identification Authority of India
PMJDYPradhan Mantri Jan Dhan Yojana
PMKSYPradhan Mantri Krishi Sinchaai Yojana
PMGSYPradhan Mantri Gram Sadak Yojana
NHISNational Health Insurance Scheme
PMEGPPradhan Mantri Employment Generation Programme
MNREGAMahatma Gandhi National Rural Employment Guarantee Act
PMKKPradhan Mantri Kaushal Kendra's
NRDWPNational Rural Drinking Water Programme
NABARDNational Bank for Agriculture and Rural Development
SIDBISmall Industries Development Bank of India
MUDRAMicro Unit Development Refinance Agency
BOBanking Ombudsman
IOInternal Ombudsman
NBFCNon-Banking Financial Company
SENSEXSensitive Index of Stock Exchange
SEBISecurities and Exchange Board of India
BSEBombay Stock Exchange
NPANon Performing Asset
SMASpecial Mention Account
InvITsInfrastructure Investment Trusts
REITsReal Estate Investment Trusts
CBSCore Banking Solution
CORECentralized Online Real-time Exchange
IMPSImmediate Payment Service
NEFTNational Electronic Fund Transfer
RTGSReal-time Gross Settlement
CTSCheque Truncation System
NPCINational Payment Corporation of India
TINTax Information Network
GSTNGoods and Services Tax Network
PARAPublic Sector Assets Rehabilitation Agency
OLTASOnline Tax Accounting System
CARECredit Analysis and Research Limited
INFINETIndian Financial Network
ALMAssets Liability Management
ARCAsset Reconstruction Company
IBCInsolvency and Bankruptcy Code
IBBIInsolvency and Bankruptcy Board of India
WMAWages and Means Advances
CRRCash Reserve Ratio
SLRStatutory Liquidity Ratio
MSFMarginal Standing Facility
CRISILCredit Rating and Investment Services of India Limited
ICRAIndian Credit Rating Agency
NASDAQNational Association for Securities Dealers Automated Quotations
NDTLNet Demand and Time Liability
CASACurrent Account Saving Account
BSBDABasic Savings Bank Deposits Account
PINPersonal Identification Number
SWIFTSociety for Worldwide Inter-bank Financial Telecommunication
FERAForeign Exchange Regulatory Act
FEMAForeign Exchange Management Act
SWOTStrength Weakness Opportunities Threats
BPLRBenchmark Prime Lending Rate
MCLRMarginal Cost of Fund Based Lending Rate
MICRMagnetic Ink Character Recognition
BIRDBankers Institute of Rural Development
SARFAESISecuritisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act
LIBORLondon Inter-Bank Offered Rate
MIBORMumbai Inter-Bank Offered Rate
KYCKnow Your Customer
MIBIDMumbai Inter-Bank Bid Rate
PSLPriority Sector Lending
IRDAIInsurance Regulatory and Development Authority of India

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