Full Forms of Banks and Banking Related Terms

    


.     AIBEA: All India Bank Employee Association

·         AIBOC: All India Bank Officer Confederation
·         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
·         ATM: Automatic Teller Machine
·         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
·         BoB: Bank of Baroda
·         BoI: Bank of India
·         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
·         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 Pric
·         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
   SASCL: System Asset Classification
·         SCO: Shanghai Cooperation Organization
·         SCOPE: Standing Conference On Public Enterprises
·         SDR: Special Drawing Rights
·         SEBI: 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 Tax
·         SWIFT: Society for Worldwide Financial Telecommunications, 
·         TDS: Tax Deduction at Source
·         TIFR: Tata Institute Of Fundamental Research
·         TIN: Tax Information Network
·         TINXSYS: Tax Information Exchange System
·         TISCO: 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

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