Important Banking Related Terms Full Forms | Banking Abbreviations

Banking Related Terms Full Forms:- Banking is an institution that handles all financial transactions like cash, credit, etc. As a financial mediator, a bank accepts deposits from individuals and gives loans to businesses and individuals.

The main source of income for a bank is the interest charge on loans provided to businesses.

In addition, it provides a secure platform to maintain additional credits and cash and offers deposit certificates, savings accounts, Current accounts, etc.

Banks use these deposits in the lending making, such as loans, investments, and credit cards. These loans include house mortgages, car loans, and loans related to business.

Banking contains various acronyms which are important to know. A list of top banking full forms is given below:

Important Banking Related Terms Full Forms | Banking Abbreviations

What is the full form of BOP?

Balance of Payments

What is the full form of BSR?

Basic Statistical Returns

What is the full form of BSCS?

Basel Committee of Banking Supervision

What is the full form of BIS?

Bank for International Settlements

What is the full form of ADB?

Asian Development Bank (ADB)

What is the full form of an ATM?

Automated teller Machine (ATM)

What is the full form of CSC?

Common Service Centres (CSC)

What is the full form of CSP?

Customer Service Point (CSP)

What is the full form of DBS?

Development Bank of Singapore (DBS)

What is the full form of HDFC?

Housing Development Finance Corporation (HDFC)

What is the full form of IMF?

International Monetary Fund (IMF)

What is the full form of IMPS?

Immediate Payment Service (IMPS)

What is the full form of IPPB?

India Post Payment Bank (IPPB)

What is the full form of JAIIB?

Junior Associate of the Indian Institute of Bankers (JAIIB)

What is the full form of KYC?

Know Your Customer (KYC)

What is the full form of NABARD?

National Bank for Agriculture and Rural Development (NABARD)

What is the full form of NFT?

Non-Fungible Token (NFT)

What is the full form of RBI?

Reserve Bank of India (RBI)

What is the full form of SBI?

State Bank of India (SBI)

What is the full form of TDS?

Tax Deducted at Source (TDI)

What is the full form of HSBC?

Hong Kong and Shanghai Banking Corporation (HSBC)

What is the full form of ICICI?

Industrial Credit and Investment Corporation of India (ICICI)

What is the full form of SIDBI?

Small Industries Development Bank of India (SIDBI)

What is the full form of ECS?

Electronic Clearing Service (ECS)

What is the full form of PO?

Probationary Officer (PO)

What is the full form of PAN?

Permanent Account Number (PAN)

What is the full form of RBL?

Ratnakar Bank Limited (RBL)

What is the full form of RTGS?

Real-Time Gross Settlement (RTGS)

What is the full form of NEFT?

National Electronic Funds Transfer (NEFT)

What is the full form of the IFSC Code?

Indian Financial System Code (IFSC)

What is the full form of BHIM?

Bharat Interface for Money (BHIM)

What is the full form of CBS?

Core Banking System (CBS)

What is the full form of CAIIB?

Certified Associate of Indian Institute of Banking (CAIIB)

What is the full form of CIF?

Customer Information File (CIF)

What is the full form of CMA?

Credit Monitoring Analysis (CMA)

What is the full form of CASA?

Current Account Saving Account (CASA)

What is the full form of CAD?

Capital Account Deficit (CAD)

What is the full form of CRR?

Cash Reserve Ratio (CRR)

What is the full form of CTS?

Cheque Truncation System (CTS)

What is the full form of DCB?

Development Credit Bank (DCB)

What is the full form of DEAF?

Depositor Education and Awareness Fund (DEAF)

What is the full form of ECC?

Excise Control Code (ECC)

What is the full form of ELSS?

Equity Link Saving Scheme (ELSS)

What is the full form of EMI?

Equated Monthly Instalment (EMI)

What is the full form of EFTPOS?

Electric Fund Transfer at Point of Sale (EFTPOS)

What is the full form of EFT?

Electric Fund Transfer (EFT)

What is the full form of ECS?

Electronic Clearing System (ECS)

What is the full form of MMID?

Money Mobile Identifier (MMID)

What is the full form of NBFC?

Non-Banking Financial Companies (NBFC)

What is the full form of NPCI?

National Payment Corporation of India (NPCI)

What is the full form of PIN?

Personal Identification Number (PIN)

What is the full form of SIP?

Systematic Investment Plan (SIP)

What is the full form of SIPS?

Systematically Important Payment System (SIPS)

What is the full form of SPNS?

Shared Payment Network System (SPNS)

What is the full form of UPI?

Unified Payment System (UPI)

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