Indian Banks Full Forms Banking Terms Updated List 2020

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Banking Full Forms
Banking Full Forms Banking Terms Full Forms

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Indian Banks Full Forms :: Now Days Banks are most important thing for human life,we use bank services on our each single steps,without them we can’t do any of transaction .

it is the place where we can deposit and withdraw our money ,now days banking system is more helpful because it is online everything we can transfer money by UPI( Unified Payments Interface) any time. In India, there is so many govt. and private banks are available.

Here we will discuss Some Big and important Indian Banks and their Full Forms .

And Also Discuss Some Important Banking Terms In This Article .

Banking Full Forms Updated 2020 List ::

Indian Bank Full Forms ::

No.AcronymFull Form
1SBI State Bank of India
2RBI Reserve Bank of India
3BOI Bank of India
4ADB Asian Development Bank
5ICICI Industrial Credit and Investment Corporation of India
6HDFC Housing Development Finance Corporation
7HSBC Hong-Kong and Shanghai Banking Corporation
8UCO United Commercial Bank
9PNB Punjab National Bank
10IDBI Industrial Development Bank of India
11BOB Bank of Baroda
12IOB Indian Overseas Bank
13CCB Central Co-operative Bank
14UBI United Bank of India
15UBI Union Bank of India
16ECS Electronic Clearing Service
17OBC Oriental Bank of Commerce
18IRDA Insurance Regulatory and Development Authority
19SEBI Securities and Exchange Board of India
20SIDBI Small Industries Development Bank of India
21BOM Bank Of Maharashtra
22UCB Urban Cooperative bank
23NABARD National Bank for Agriculture and Rural Development
24KMB Kotak Mahindra Bank
25DCB Development Credit Bank
26RRB Regional Rural Bank
27IVB ING Vysya Bank
28PSB Punjab & Sind Bank
29SVC Shamrao Vithal Co-operative Bank
30BMB Bharatiya Mahila Bank
31BOR Bank of Rajasthan
32CUB City Union Bank
33CSB Catholic Syrian Bank
34KVB Karur Vysya Bank
35LVB Lakshmi Vilas Bank
36SIB South Indian Bank
37TMB Tamilnad Mercantile Bank
38EXIM Export Import(Bank of India)
39DB Dena Bank  
40IIBI Industrial Investment Bank of India
41NHB National Housing Bank
42AB Allahabad Bank
43AB Andhra Bank
44CB Canara Bank
45CBI Central Bank of India
46CB Corporation Bank
47IB Indian Bank
48VB Vijaya Bank
49JKB Jammu & Kashmir Bank
50SCB Standard Chartered Bank
51SDS Special Deposit Scheme
52ECD European Central Bank
53IPPB India Post Payments Bank
54ABPB Aditya Birla Payments Bank
55PPB Paytm Payments Bank
56APB Airtel Payments Bank 
57JPB Jio Payments Bank
58PBGB Paschim Banga Gramin Bank
59BGVB Bangiya Gramin Vikash Bank
60IBA Indian Banks’ Association
61EMI Equated Monthly Installment
62LBD Land Development Bank
63FRB Federal Reserve Banks
64IDFC Infrastructure Development Finance Company
65ECB External Commercial Borrowing
66EMI Equated monthly installments
67UOB United Overseas Bank
68BIS Bank for International Settlement
69IFSC Indian Financial System Code
70NAB National Australia Bank
71ICBC Industrial and Commercial Bank of China        
72DBS Development Bank of Singapore
73RBC  Royal Bank of Canada
74ADCB Abu Dhabi Commercial Bank
75MICB Mega International Commercial Bank
76NEFT National Electronic Funds Transfer
77DCCB District Central Co-operative Bank
78OSCB Odisha State Co-operative Bank

Some Important Banking Terms ::

Now days we uses alot of banking terms but some of these terms are very critical to know ,and also important so today i am sharing full form of some important banking terms .

  • ATM: Automated Teller Machine
  • ADB: Asian Development Bank
  • ADR: American Depositary Receipt
  • AIDWA: All India Democratic Woman’s Association
  • AITUC: All India Trade Union Congress
  • AMFI: Association of Mutual Funds in India
  • APEC: Asia-Pacific Economic Cooperation
  • APL: Above Poverty Line
  • APM: Administered Pricing Mechanism
  • ARC: Asset Reconstruction Company
  • ARDR: Agricultural and Rural Debt Relief
  • ASBA: Application Supported by Block Amount
  • ASEAN: Association of South-East Asian Nations
  • ASEM: Asia-Europe Meeting
  • ASSOCHAM: Associated Chambers of Commerce and Industry
  • BIFR: Board of Industrial and Financial Reconstruction
  • BCBS: Basel committee for Banking Supervision
  • BCSBI: Banking Codes and Standards Board of India
  • BIS: Bureau of Indian Standards
  • BOLT: BSE On-Line Trading (System)
  • BOT: Build, Operate and Transfer
  • BPL: Below Poverty Line
  • BPO: Business Process Outsourcing
  • BSE: Bombay Stock Exchange
  • CA: Chartered Accountant
  • CABE: Central Advisory Board of Education
  • CACP: Commission of Agriculture Cost and Price
  • C & AG: Comptroller & Auditor General
  • CAMELS: C – Capital adequacy, A – Asset quality, M – Management quality, E – Earnings, L – Liquidity, S – Sensitivity to Market Risk
  • CAPART: Council for People’s Action and Advancement of Rural Technology
  • CAR: Capital adequacy ratio
  • CARE: Credit Analysis & Research Ltd.
  • CBS: Core banking solution
  • CCI: Competition Commission of India
  • CCIL: Clearing Corporation of India limited
  • CDSL: Central Securities Depository Limited
  • CECA: Comprehensive Economic Cooperation Agreement
  • CEPA: Comprehensive Economic Partnership Agreement
  • CIBIL: Credit Information Bureau (India) Ltd
  • CII: Confederation of Indian Industry
  • CIS: Commonwealth of Independent States
  • CHOGM: Commonwealth Heads of Government Meeting
  • CITES: Convention on International Trade in Endangered Species
  • CITU: Centre Of Indian Trade Unions
  • CMP: Common 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
  • CRAR: Capital to Risk (Weighted) Assets Ratio
  • CRISIL: Credit Rating Information Services of India Limited
  • CRR: Cash Reserve Ratio
  • CSIR: Council of Scientific and Industrial Research
  • CST: Central Sales Tax
  • CTT: Commodities Transaction Tax
  • DA: Dearness Allowance; Daily Allowance
  • DMIC: Delhi-Mumbai Industrial Corridor
  • DPEP: District Primary Education Program
  • ECA: Essential Commodity Act
  • ECB: External Commercial Borrowings
  • ECS: Electronic clearing system
  • EDUSAT: Education Satellite
  • EEE: Exempt Exempt Exempt
  • EET: Exempt Exempt Taxation
  • EFA: Education for All
  • EFT: Electronic fund transfer
  • EEFC Accounts: Exchange Earners Foreign Currency Account
  • EGOM: Empowered Group of Ministers
  • EMI: Equated Monthly Installment
  • EMS: European Monetary System
  • ERNET: Educational and Research Network
  • ESA: European Space Agency
  • ESCAP: Economic and Social Commission for Asia and Pacify
  • ESMA: Essential Services Maintenance Act
  • ESOP: Employee Stock Option Program
  • EU: European Union
  • FAO: Food and Agriculture Organization
  • FCCB: Foreign Currency Convertible Bond
  • FCNR: Foreign Currency (Non-Resident) Accounts Scheme
  • EPF: Employees Provident Fund
  • EPFO: Employees Provident Fund Organization
  • FDI: Foreign Direct Investment
  • FEMA: Foreign Exchange Management Act
  • FERA: Foreign Exchange Regulations Act
  • FICCI: Federation of Indian Chambers Of Commerce and Industry
  • FII: Foreign Institutional Investors
  • FIPB: Foreign Investment Promotion Board (Of India)
  • FMCG: Fast Moving Consumer Goods
  • FPO: Follow on Public Offer
  • FRBM: Fiscal Responsibility And Budget Management
  • FSSA: Food Safety And Standards Authority (Of India)
  • FTA: Free Trade Area
  • GATT: General Agreement On Tariffs And Trade
  • GCC: Gulf Cooperation Council
  • GDP: Gross Domestic Product
  • GDR: Global Depositary Receipt
  • GEF: Global Environment Fund
  • GIC: General Insurance Corporation
  • GNP: Gross National Product
  • GST: Goods and Service Tax
  • HDFC: Housing Development Finance Corporation Limited
  • HDI: Human Development Index
  • HSBC: Hong Kong and Shanghai Banking Corporation Limited
  • HUDCO: Housing And Urban Development Corporation
  • IAAI: International Airport Authority Of India
  • IAAS: Indian Audit and Accounts Service
  • IADF: International Agricultural Development Fund
  • IAEA: International Atomic Energy Agency
  • IAEA: International Atomic Energy Agency
  • IASB: The International Accounting Standards Board
  • IBRD: International Bank for Reconstruction And Development
  • ICAI:  Institute of Chartered Accountants of India
  • ICAR: Indian Council of Agricultural Research
  • ICCW: Indian Council for Child Welfare
  • ICDS: Integrated Child Development Service
  • ICMR: Indian Council of Medical Research
  • ICICI: Industrial Credit and Investment Corporation of India
  • ICOR: Incremental capital output ratio
  • ICRC: International Committee of Red Cross
  • IDA: International Development Association
  • ICRA: Investment information and Credit Rating Agency
  • IES: Indian Economic Service
  • IEX: Indian Energy Exchange
  • IFRS: International Financial Reporting Standard
  • IFSC: Indian financial system code
  • IFTU: International Federation of Trade Unions
  • IFWJ: Indian Federation of Working Journalists
  • IIP: The Index of Industrial Production
  • IIPA: Indian Institute of Public Administration
  • IISS: International Institute of Strategic Studies
  • ILO: International Labor Organization
  • IMF: International Monetary Fund
  • IMO: International Maritime Organization
  • IDR: Indian Depository Receipts
  • IDBI: Industrial Development Bank of India
  • IMF: International monetary fund
  • IMRB: Indian Market Research Bureau
  • INMARSAT: International Maritime Satellite Organization
  • INTERPOL: International Police Organization
  • INTUC: Indian National Trade Union Congress
  • IOC: International Olympic Committee
  • IPCC: Intergovernmental Panel on Climate Change
  • IPEC: International Program on Elimination Of Child Labor
  • IPO: Initial public offer
  • IPR: Intellectual Property Right
  • IRDA: Insurance Regulatory and Development Authority
  • IREP: Integrated Rural Energy Planning
  • ISO: International Standardization Organization
  • ISS: International Space Station
  • ITDC: Indian Tourism Development Corporation
  • ITO: International Trade Organization; Income-Tax Officer
  • ITU: International Tele-Communication Union
  • JNNURM: Jawaharlal Nehru National Urban Renewal Mission
  • KPO: Knowledge Process Outsourcing
  • KYC: Know your customer
  • LDC: Least Developed Countries
  • LIBOR: London Inter Bank Offer Rate
  • LIC: Life Insurance Corporation (Of India)
  • LLP: Limited Liability Partnership
  • MAT: Minimum Alternative Tax
  • MAIT: Manufacturers’ Association for Information Technology
  • MCAP: Market capitalization / Mid cap
  • MDG: Millennium development goals
  • MEP: Minimum Export Price
  • MFA: Multi-Fiber Agreement
  • MFI: Micro finance institution
  • MFIN: Micro finance institution network
  • MFN: Most Favored Nation
  • MIBOR: Mumbai Interbank offer rate
  • MIN: Mutual fund identification no.
  • MNC: Multi-National Corporation
  • MRTPC: Monopolies and Restrictive Trade Practices Commission
  • MRTS: Mass Rapid Transit System
  • MSME: Micro Small and Medium Enterprises
  • MSP: Minimum support price
  • MTO: Multilateral Trade Organization
  • NABARD: National Bank for Agriculture and Rural Development.
  • NAEP: National Adult Education Program
  • NAFED: National Agricultural Cooperative Marketing Federation of India Ltd
  • NAFTA: North America Free Trade Agreement
  • NAM: Non-Aligned Movement
  • NAMA: Non-Agriculture Market Access
  • NASDAQ: National Association of Securities Dealers Automated Quotation
  • NATO: North Atlantic Treaty Organization
  • NAV: Net Asset Value
  • NBFC: Non Banking Finance Companies
  • NCAER: National Council Of Applied Economic Research
  • NCERT: National Council Of Education Research And Training
  • NCPCR: National Commission for Protection of Child Rights
  • NDC:  National Development Council
  • NEFT: National Electronic Fund Transfer
  • NEGP: National E-Governance Plan
  • NEP: National Education Policy
  • NFO: New Fund Offers
  • NHAI: National Highways Authority of India
  • NHDP: National Highways Development Project
  • NHRC: National Human Rights Commission
  • NIFT: National Institute of Fashion Technology
  • NIO: National Institute of Oceanography
  • NLMA: National Literacy Mission Authority
  • NMDC: National Mineral Development Corporation
  • NNP: Net National Production
  • NPA: Non Performing Asset
  • NPR: National Population Register
  • MGNREGA: National Rural Employment Guarantee Act
  • NSE: National Stock Exchange
  • NSDL: National Securities Depository Limited
  • NSE: National Stock Exchange
  • NSSO: National Sample Survey Organization
  • NTPC: National Thermal Power Corporation
  • ODA: Official Development Assistance
  • OECD: Organization of Economic Co-Operation and Development
  • OGL: Open General License
  • OIC: Organization of Islamic Countries
  • OIL: Oil India Limited
  • OMCS: Oil Marketing Companies
  • ONGC: Oil And Natural Gas Commission
  • OPEC: Organization Of Petroleum Exporting Countries
  • OSCE: Organization For Security And Cooperation In Europe
  • PAC: Public Accounts Committee
  • PAN: Permanent Account Number (Of Income-Tax)
  • PATA: Pacific-Asia Travel Association
  • PCI: Per capita income
  • PDS: Public Distribution System
  • PIL: Public Interest Litigation
  • PIO: Persons Of Indian Origin
  • PN: Participatory Note
  • POP: Point Of Purchase
  • PPF: Public Provident Fund
  • PPP: Public private partnership / Purchasing power parity
  • PTA: Preferential Trade Area
  • PURA: Providing urban amenities in rural areas
  • QIB: Qualified Institutional Buyer
  • QIP: Qualified Institutional Placement
  • QR: Quantitative Restriction
  • RBI: Reserve Bank Of India
  • RIDF: Rural infrastructure development fund
  • RRB: Regional Rural Bank
  • RRPI: Rural Retail Price Index
  • RTGS: Real Time Gross Settlement System
  • SAARC: South Asian Association for Regional Co-Operation
  • SAFTA: South Asian Free Trade Area
  • SAIL: Steel Authority of India Limited
  • SAPTA: SAARC Preferential Trading Agreement
  • SARFAESI ACT: The Securitization and Reconstruction of Financial Assets and
  • Enforcement of Security Interest Act, 2002
  • SCO: Shanghai Cooperation Organization
  • SCOPE: Standing Conference On Public Enterprises
  • SDR: Special Drawing RightsSEBI: Securities And Exchange Board Of India
  • SEZ: Special Economic Zone
  • SIDBI: Small Industries Development Bank of India
  • SEWA: Self employed woman’s association
  • SLR: Statutory Liquidity Ratio
  • STT: Securities Transaction TaxSWIFT: Society for Worldwide Financial
  • Telecommunications, TDS: Tax Deduction at Source
  • TIFR: Tata Institute Of Fundamental Research
  • TIN: Tax Information Network
  • TINXSYS: Tax Information Exchange SystemTISCO: Tata Iron and Steel Company
  • TPDS: Targeted Public Distribution System
  • TRAI: Telecom Regulatory Authority Of India
  • TRIMS: Trade Related Investment Measures
  • TRIPS: Trade Related Intellectual Property Rights
  • TRYSEM: Training Of Rural Youth For Self Employment
  • UN: United Nations
  • UNCTAD: United Nations Conference On Trade And Development
  • UNDP: United Nations Development Program
  • UNEF: United Nations Emergency Force
  • UNEP: United Nations Environment Program
  • UNESCO: United Nations Educational, Scientific And Cultural Organization
  • UNFCCC: United nation framework convention on climate change
  • UNFPO: United Nations Fund For Population Activities
  • UNHCR: United Nations High Commissioner For Refugees
  • UNHRC: United Nations Human Rights Commission
  • UNICEF: United Nations International Children’s (Emergency) Fund
  • UNIDO: United Nations Industrial Development Organization
  • UNRRA: United Nations Relief And Rehabilitation Administration
  • VAT: Value-Added Tax
  • VDIS: Voluntary Disclosure Of Income Scheme
  • VRS: Voluntary Retirement Scheme
  • WEF: World Economic Forum
  • WFP: World Food Program
  • WHO: World Health Organization
  • WIPO: World Intellectual Property Organization

So in these terms we shares some of important and useful banking terms and banking full forms .

i hope this will help you ,and if you like please share .

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