Banking Full Forms List

Banking Full Forms

Banking Full Forms List

Banking Full Forms: Banking Sector has multiple acronyms and full forms which are useful for banking services. As an account holder, a person needs to understand the banking term full-forms to operate their account efficiently. Here we listed multiple full forms of the banking and finance sector.

The Different Types of Banks

Over the last three decades, a variety of banks and financial institutions have emerged. Typically, each category focuses on a single type of industry. As a consequence, we can distinguish between the different banks based on their operations. There are many different types of banks.

  • Commercial banks
  • Exchange banks
  • Industrial Banks
  • Central Banks
  • National Banks
  • International Banks
  • Regional & Gramin Banks

There are numerous abbreviations used in the banking system, and they are beneficial to know since most banks have now officially recognized the abbreviations. You can locate all the full forms used in the banking industry listed below.

All Banking Full Forms

AcronymsFull Form
2FATwo Factor Authentication
A&ASAccount & Audit Section
ABEDAArab Bank for Economic Development in Africa.
ACFAuto Correlation Function.
ACLF       Additional Collateralized Lending Facility
ACSAutomated Clearing System.
ADAuthorized Dealer.
ADBAsian Development Bank
ADFAutomated Data Flow
ADRAmerican Depositary Receipt
ADTVAverage Daily Trading Volume
AEAmerican Express
AEPSAadhaar Enabled Payments Switch
AFSAnnual Financial Statement.
AGMAnnual General Meeting.
AICAgricultural Insurance Company.
AIDBsAll India Development Banks
AIFAlternative Investment Fund
AIFIsAll India Financial Institutions
AITUCAll India Trade Union Congress
ALCOAsset Liability Committee
ALMAsset Liability Management
AMEXAmerican Express
AMFIAssociation of Mutual Funds in India
AMFLAssociation of Mutual Funds in India.
AMLAnti Money Laundering
AMRMSAudit and Risk Monitoring Mechanism
ANBCAdjusted Net Bank Credit
ANSIAmerican National Standards Institute
APACSAssociation of Payment and Clearing Services
APBSAadhaar Payment Bridge System
APECAsia-Pacific Economic Cooperation
APGUBAndhra Pradesh Gramin Vikas Bank
APLAbove Poverty Line
APMAdministered Pricing Mechanism
APSFCAndhra Pradesh State Financial Corporation
ARCAsset Reconstruction Company
ARCILAsset Reconstruction Company of India Limited
ARCsAsset Reconstruction Companies
ARDRAgricultural and Rural Debt Relief
ASBAApplication Supported by Block Amount
ASEANAssociation of South-East Asian Nations
ASEMAsia-Europe Meeting
ASSOCHAMAssociated Chambers of Commerce and Industry
ATMAutomatic Teller Machine
BACSBankers Automated Clearing System
BBKBank of Bahrain and Kuwait
BBRBank Base Rate
BCBSBasel committee for Banking Supervision
BCPBranch Credit Plan
BCSBIBanking Codes and Standards Board of India
BFSBoard of Financial Supervision
BGVBBangiya Gramin Vikas Bank
BIFRBoard of Industrial and Financial Reconstruction
BIRDBankers Institute of Rural Development
BISBureau of Indian Standards
BLBCBlock Level Bankers Committee
BMBBharatiya  Mahila Bank
BOBanking Ombudsman
BOABank of America
BOBBank of Baroda
BOCBank of Ceylon
BODBoard of Directors
BOEBill of Exchange
BOIBank of India
BOLTBSE On-Line Trading (System)
BOMBank of Maharashtra
BOPBalance of Payments.
BORBank of Rajasthan
BOTBuild Operate and Transfer
BPCBenefits Processing Corp
BPLBelow Poverty Line
BPLRBenchmark Prime Lending Rate
BPOBusiness Process Outsourcing
BR ActBanking Regulations Act 1949
BSCSBasel Committee on Banking Supervision.
BSEBombay Stock Exchange
BSRBasic Statistical Returns.
C & AGComptroller & Auditor General
CAChartered Accountant
CAAPCapital Adequacy Assessment Process
CABECentral Advisory Board of Education
CACPCommission of Agriculture Cost and Price
CADCapital Account Deficit
CAMELSC – Capital adequacy A – Asset quality M – Management quality E – Earnings L – Liquidity S – Sensitivity to Market Risk
CAPARTCouncil for People’s Action and Advancement of Rural Technology
CARCapital adequacy ratio
CAR          Capital Adequacy Ratio
CARECredit Analysis & Research Ltd.
CASACurrent And Saving Account
CBCanara Bank
CBICentral bureau of Investigation
CBLOCollateralized Bank Lending Obligations
CBSCore banking solution
CBTComputer Based Terminal
CCCash Credit
CCBCentral Cooperative Bank
CCICompetition Commission of India
CCILClearing Corporation of India limited
CCLCash Credit Limit
CDCertificate of Deposit
CD RatioCredit Deposit Ratio
CDBCaribbean Development Bank.
CDBSCommittee of Direction on Banking Statistics.
CDRCorporate Debt Restructuring
CDSCredit Default Swap.
CDSLCentral Securities Depository Limited
CECAComprehensive Economic Cooperation Agreement
CEDCentre For Entrepreneurship Development
CEPAComprehensive Economic Partnership Agreement
CFMSCentralized Funds Management System
CFRACombined Finance and Revenue Accounts.
CFSCommittee on the Financial System
CGRACurrency and Gold Revaluation Account.
CHAPSClearing House Automated Payment System
CHOGMCommonwealth Heads of Government Meeting
CIBILCredit Information Bureau (India) Ltd
CIIConfederation of Indian Industry
CISCommonwealth of Independent States
CITESConvention on International Trade in Endangered Species
CITUCentre Of Indian Trade Unions
CLBCompany Law Board
CLFCollateralized Lending Facility
CMACollateral Management Agreement
CMISCurrency Management Information System
CMPCommon Minimum Program
CNPCard Not Present
COBCorporation Bank.
CPColombo Plan.
CPFFCommercial Paper Funding Facility
CPIConsumer Price Index.
CPI (AL)Consumer Price Index for Agricultural Labors.
CPI (IW)Consumer Price Index for Industrial Workers
CPI (RL)Consumer Price Index for Rural Labourers
CPI (UNME)The Consumer Price Index for Urban Non-Manual Employees.
CPsCommercial Papers.
CRARCapital to Risk (Weighted) Assets Ratio
CRILCCentral Repository of Information on Large Credits
CRISILCredit Rating Information Services of India Limited
CRMCustomer Relationship Management
CRMDCredit Risk Management Department.
CRRCash Reserve Ratio
CSBCatholic Syrian Bank
CSGLAConstituent’s Subsidiary General Ledger Account
CSIRCouncil of Scientific and Industrial Research
CSRCorporate social responsibility
CSTCentral Sales Tax
CTICountry Threat Index.
CTTCommodities Transaction Tax
CUBCity Union Bank
DADearness Allowance; Daily Allowance
DBDena Bank
DBSDevelopment Bank of Singapore
DCBDevelopment Credit Bank
DCCBDistrict Central Cooperative Bank
DCPDistrict Credit Plan
DDDemand Draft
DDMDistrict Development Manager
DFIDevelopment Financial Institutions
DFIDDepartment For International Development
DICGCDeposit Insurance and Credit Guarantee Corporation
DIRDifferential Interest Rate
DMICDelhi-Mumbai Industrial Corridor
DNPDDerivatives and New Products Departments
DPEPDistrict Primary Education Program
DPGDeferred Payment Guarantee
DPNDemand Promissory Note
DPsDepository Participants
DRATDebt Recovery Appellate Tribunal
DRIBeneficiaries of Differential Interest Rate
DRTDebt Recovery Tribunals
DSCRDebt Service Coverage Ratio
DTAADouble Taxation Avoidance Agreement
EADBEast African Development Bank.
EBRDEuropean Bank for Reconstruction and Development.
ECAEssential Commodity Act
ECBExternal Commercial Borrowings
ECBsExternal Commercial Borrowings
ECDEuropean Central Bank
ECSElectronic clearing system
EDEnforcement Directorate
EDFExport Development Fund
EDIElectronic Data Interchange
EDPEntrepreneurship Development Programme
EDUSATEducation Satellite
EEEExempt Exempt Exempt
EEFCExchange Earners’ Foreign Currency
EEFC AccountsExchange Earners Foreign Currency Account
EETExempt Exempt Taxation
EFAEducation for All
EFSFEuropean Financial Stability Facility
EFTElectronic fund transfer
EFTPOSElectronic Funds Transfer At Point Of Sale
EGOMEmpowered Group of Ministers
EIBEuropean Investment Bank.
ELSSEquity Linked Saving Scheme.
EMIEquated Monthly Installment
EMSEuropean Monetary System
EPFEmployees Provident Fund
EPFOEmployees Provident Fund Organization
EPOSElectronic Point Of Sale
EPSEarnings per Share
ERNETEducational and Research Network
ESAEuropean Space Agency
ESCAPEconomic and Social Commission for Asia and Pacify
ESIEmployees’ State Insurance
ESMAEssential Services Maintenance Act
ESOPEmployee Stock Option Program
ETFsExchange Traded Funds
EUEuropean Union
EXIMExport Import Bank
EXIMExport Import Bank of India.
FAOFood and Agriculture Organization
FATFFinancial Action Task Force
FCAForeign Currency Assets.
FCCBForeign Currency Convertible Bond
FCDFully Convertible Debentures
FCNRForeign Currency (Non-Resident) Accounts Scheme
FCNRAForeign Currency Non Resident Account.
FDFixed Deposit
FDIForeign Direct Investment
FEDAIForeign Exchange Dealers Association Of India
FEMAForeign Exchange Management Act
FERAForeign Exchange Regulations Act
FFAFederal Financial Assistance
FFBFederal Financing Bank
FICCIFederation of Indian Chambers Of Commerce and Industry
FIIForeign Institutional Investors
FIIsForeign Institutional Investments
FIMMDAFixed Income Money Markets and Derivatives Association.
FINOFinancial Inclusion Network Operation
FIPBForeign Investment Promotion Board (Of India)
FlsFinancial Institutions
FMCGFast Moving Consumer Goods
FOBFree On Board
FPIForeign Portfolio Investment.
FPOFollow on Public Offer
FRBFederal Reserve Banks
FRBMFiscal Responsibility And Budget Management
FRBMAFiscal Responsibility and Budget Management Act
FRNsFloating Rate Notes
FROForeigners Registration officer
FRROForeigners Regional Registration officer
FSLRCFinancial Sector Legislative Reforms Commission
FSRASCFinancial Sector Regulatory Appointment Search Committee
FSSFinancial Software Systems
FSSAFood Safety And Standards Authority (Of India)
FTAFree Trade Area
GAARGeneral Anti Avoidance Rule.
GATTGeneral Agreement On Tariffs And Trade
GCCGulf Cooperation Council
GDCFGross Domestic Capital Formation
GDPGross Domestic Product
GDRGlobal Depositary Receipt
GEFGlobal Environment Fund
GFDGross Fiscal Deficit.
GICGeneral Insurance Corporation
GIPSAGeneral Insurance Public Sector Association
GIROGovernment Internal Revenue Order.
GlCGeneral Insurance Corporation of India
GMSGold Monetization Scheme
GNPGross National Product
GSTGoods and Service Tax
GSTNGoods and Services Network
GSTPAGlobal Straight Through Processing Association
HDFCHousing Development Finance Corporation Limited
HDIHuman Development Index
HFCsHousing Finance Companies
HSBCHong Kong and Shanghai Banking Corporation Limited
HUDCOHousing And Urban Development Corporation
IAAIInternational Airport Authority Of India
IAASIndian Audit and Accounts Service
IADBInter American Development Bank.
IADFInternational Agricultural Development Fund
IAEAInternational Atomic Energy Agency
IASIntegrated Accounting Systems
IASBThe International Accounting Standards Board
IBIndian Bank
IBAIndian Banks’ Association
IBBIInsolvency and Bankruptcy Board of India
IBPSInstitute of Banking Personnel Selection.
IBRDInternational Bank for Reconstruction And Development
IBSInternational Banking Statistics
IBUInternational Banking Unit
ICAIndian Council of Agricultural Research.
ICAIInstitute of Chartered Accountants of India
ICAOInternational Civil Aviation Organisation
ICARIndian Council of Agricultural Research
ICBCIndustrial and Commercial Bank of China      
ICCIntegrated Circuit Card
ICCWIndian Council for Child Welfare
ICDSIntegrated Child Development Service
ICFAIInstitute Of Chartered Financial Analysts Of India
ICICIIndustrial Credit and Investment Corporation of India
ICMRIndian Council of Medical Research
ICORIncremental capital output ratio
ICRAInvestment information and Credit Rating Agency
ICRCInternational Committee of Red Cross
IDAInternational Development Association
IDBIIndustrial Development Bank of India
IDFCInfrastructure Development Finance Company
IDRIndian Depository Receipts
IDRBTInstitute for Development and Research Of Banking
IEPFInvestors Education and Protection Fund
IESIndian Economic Service
IEXIndian Energy Exchange
IFCInternational Finance Corporation
IFCIIndustrial Finance Corporation of India
IFRSInternational Financial Reporting Standard
IFSCIndian financial system code
IFTUInternational Federation of Trade Unions
IFWJIndian Federation of Working Journalists
IIBInternational Investment Bank.
IIBFIndian Institute of Banking and Finance.
IIBIIndustrial Investment Bank of India
IIBMIndian Institute of Bank Management
IIFCLIndia Infrastructure Finance Company Limited
IIFTIndian Institute of Foreign Trade
IIPThe Index of Industrial Production
IIPAIndian Institute of Public Administration
IISSInternational Institute of Strategic Studies
ILOInternational Labor Organization
IMDIndia Millennium Deposits.
IMFInternational Monetary Fund
IMOInternational Maritime Organization
IMPSInterbank Mobile Payment Service (IMPS) or Immediate Payment Service
IMRBIndian Market Research Bureau
IMTInstant Money Transfer
INFINETIndian Financial Network
INMARSATInternational Maritime Satellite Organization
INRIndian Rupee
INTERPOLInternational Police Organization
INTUCIndian National Trade Union Congress
IOBIndian Overseas Bank
IOCInternational Olympic Committee
IPInternet Provider
IPCCIntergovernmental Panel on Climate Change
IPECInternational Program on Elimination Of Child Labor
IPOInitial public offer
IPPBIndia Post Payments Bank
IPRIntellectual Property Right
IPSSIntegrated Payment and Settlement System
IRBIIndustrial Reconstruction Bank of India.
IRDAInsurance Regulatory and Development Authority
IRDPIntegrated Rural Development Programme
IREInternal Rating Based
IREPIntegrated Rural Energy Planning
IROsInterest rate options
IRRInternal Rate of Return.
ISCIInternational Standard Industrial Classification
ISINInternational Securities Identification Number
ISOInternational Standardization Organization
ISSInternational Space Station
ITDCIndian Tourism Development Corporation
ITOInternational Trade Organization; Income-Tax Officer
ITUInternational Tele-Communication Union
IVBING Vysya Bank
IVPIndira Vikas Patra
JCBJapan Credit Bureau
JKBJammu & Kashmir Bank
JLGsJoint Liability Groups
JNNURMJawaharlal Nehru National Urban Renewal Mission
JPBJio Payments Bank
KCCKisan Credit Card
KMBKotak Mahindra Bank
KPOKnowledge Process Outsourcing
KVBKarur Vysya Bank
KVICKhadi and Village Industries Corporation
KVPKisan Vikas Patra
KYCKnow your customer
LABLocal Area Bank.
LAFLiquidity Adjustment Facility
LAMPSLarge Sized Adivasi Multipurpose Societies
LANLocal Area Network
LASLoan & Advances by States
LBDLand Development Bank
LBSLocational Banking Statistics
LCRLiquidity Coverage Ratio
LDBLand Development Bank.
LDCLeast Developed Countries
LERMSLiberalized Exchange Rate Management System
LETSLocal Exchange Trading Systems
LIBORLondon Inter Bank Offer Rate
LICLife Insurance Corporation (Of India)
LLPLimited Liability Partnership
LOCLines of Credit
LTCGLong Term Capital Gains
LTFLong Term Finance
LTNLong Term Note
LVBLakshmi Vilas Bank
M&AsMergers and Acquisitions
MAITManufacturers’ Association for Information Technology
MATMinimum Alternative Tax
MBFCMutual Benefit Financial Company
MCAMinistry Of Company Affairs
MCAPMarket capitalization / Mid cap
MCLRMarginal Cost Of Lending Rate
MDGMillennium development goals
MEDPMultinational Design Evaluation Program
MEPMinimum Export Price
MFAMulti-Fiber Agreement
MFDFMicro Finance Development Fund
MFIMicro finance institution
MFINMicro finance institution network
MFIsMicro Financial Institutions
MFNMost Favored Nation
MGNREGANational Rural Employment Guarantee Act
MIBIDMumbai Interbank Bid Rate
MIBORMumbai Interbank offer rate
MICBMega International Commercial Bank
MICRMagnetic Ink Character Recognition
MINMutual fund identification no.
MIRSDMarket Intermediaries Registration and Supervision Department
MISManagement Information System
MNBCsMiscellaneous Non Banking Companies
MNCMulti-National Corporation
MPBFMaximum Permissible Bank Finance
MRDMarket Regnlation Department
MRTPCMonopolies and Restrictive Trade Practices Commission
MRTSMass Rapid Transit System
MSMEMicro Small and Medium Enterprises
MSPMinimum support price
MSSMarket Stabilization Scheme
MTNMedium Term Note
MTOMultilateral Trade Organization
MUDRAMicro Units Development and Refinance Agency
NABNational Australia Bank
NABARDNational Bank for Agriculture and Rural Development.
NAFCUBNational Federation of Urban Cooperative Banks and Credit Societies
NAFEDNational Agricultural Cooperative Marketing Federation of India Ltd
NAFTANorth America Free Trade Agreement
NAMNon-Aligned Movement
NAMANon-Agriculture Market Access
NASNational Account Statistics.
NASDAQNational Association of Securities Dealers Automated Quotation
NATONorth Atlantic Treaty Organization
NAVNet Asset Value
NBCNon Banking Companies.
NBFCNon Banking Finance Companies
NBFCsNon Banking Finance Companies
NCAERNational Council Of Applied Economic Research
NCCNational Clearing Cells
NCERTNational Council Of Education Research And Training
NCMCNational Common Mobility Card
NCSNetwork Computing System
NDANet Domestic Asset
NDCNational Development Council
NDSNegotiated Dealing Systems
NDSAPNational Data Sharing and Accessibility Policy
NDTLNet Demand And Time Liabilities
NECSNational Electronic Clearing System
NEFTNational Electronic Fund Transfer
NEGPNational E-Governance Plan
NFANo Frills Account.
NFCNon Banking Finance Companies.
NFONew Fund Offers
NFSNational Financial Switch
NGONon Governmental Organization
NHBNational Housing Bank
NIBNordic Investment Bank.
NilNet Interest Income
NNPNet National Production
NOFNet Owned Funds
NPANon Performing Asset
NPAsNon Performing Assets.
NPCINational Payments Corporation of India
NPLMNon Performing Loan Management
NPNNotes Participatory Notes
NPRNational Population Register
NPSNational Pensions Scheme.
NPVNet Present Value
NRENon Resident External Account
NRINon Resident Indian
NRNRNon Resident Non Re-patriable Term Deposit Account
NRONon Resident Ordinary Account
NRSRNon Resident (Special) Rupee Account
NSDLNational Securities Depository Limited
NSENational Stock Exchange
NSFDCNational Scheduled Castes Finance And Development Corporation
NSICNational Small Industries Corporation
NSSNational Savings Scheme
NSSONational Sample Survey Organization
OBCOriental Bank of Commerce
OBEOff Balance Sheet Exposures
OBUsOffshore Banking Units
OCBOverseas Corporate Bodies
ODAOfficial Development Assistance
ODIsOffshore/Overseas Derivative Instruments
OECDOrganization of Economic Co-Operation and Development
OFCSOffshore Financial Centers
OGLOpen General License
OLTASOnline Tax Accounting System
OMOOpen Market Operations
OSCBOdisha State Cooperative Bank
OSCEOrganization For Security And Cooperation In Europe
OTCEIOver the Counter Exchange Of India
OTPOne Time Password
OTSOne Time Settlement
PACPublic Accounts Committee
PACSPrimary Agricultural Credit Societies
PANPermanent Account Number (Income-Tax)
PATAPacific-Asia Travel Association
PBGBPaschim Banga Gramin Bank
PBSProjected Balance Sheet
PBTProfit Before Tax
PCParticipation Certificate
PCAPrompt Corrective Action
PCARDBPrimary Cooperative Agriculture and Rural Development Bank
PCDsPartly Convertible Debentures
PCIPer capita income
PDOPublic Debt Office
PDSPublic Distribution System
PEPPersonal Equity Plans
PFProvident Funds
PFlsPublic Financial Institutions
PFRDAPension Fund Regulatory and Development Authority
PGSPayment Gateway System.
PILPublic Interest Litigation
PINPersonal Identification Number
PIOPersons Of Indian Origin
PISPortfolio Investment Scheme
PKIPublic Key Infrastructure
PLIsPrime Lending Institutions
PLPPotential Linked Plan
PLRPrime Lending Rate
PMLAPrevention of Money Laundering Act
PNParticipatory Note
PNBPunjab National Bank
POProbationary Officer & Post Office
POAPower of Attorney
POPPoint Of Purchase
POSPoint of Sale
PPBPaytm Payments Bank
PPFPublic Provident Fund
PPIsPrepaid Payment Instruments
PPPPublic private partnership / Purchasing power parity
PRSFPartial Risk Sharing Facility
PSBPunjab & Sind Bank
PSBsPublic Sector Banks
PTAPreferential Trade Area
PTCsPass Through Certificates
PURAProviding urban amenities in rural areas
QIBQualified Institutional Buyer
QIPQualified Institutional Placement
QISQuantitative Impact Study
QRQuantitative Restriction
RAROCRisk Adjusted Return On Capital
RBCRoyal Bank of Canada
RBIReserve Bank Of India
RBLRatnakar Bank Limited
RBSRoyal Bank of Scotland
RCFRisk Capital Foundation
RCIRefinance Corporation For Industry
RDBMSRelational Database Management System
RDDBFIRecovery of Debt due to Banks and Financial Institutions
RECRural Electrification Corporation
REITsReal Estate Investment Trusts
REPOSReady Forward Contracts
RFCResident Foreign Currency
RFIDRadio Frequency Identification
RIDFRural infrastructure development fund
RMLReverse Mortgage Loan
RNBCsResiduary Non Banking Companies
RoAReturn On Assets
ROCRegistration of Companies
RoEReturn On Equity
RRBRegional Rural Bank
RRBsRegional Rural Banks
RRPIRural Retail Price Index
RTGSReal Time Gross Settlement System
RWARisk Weighted Assets
S/D/W/H/oSon/Daughter/Wife/Husband of
SAARCSouth Asian Association for Regional Co-Operation
SACs       Settlement Advisory Committees
SAFTASouth Asian Free Trade Area
SAMISStrategic Asset Management Information System
SAPTASAARC Preferential Trading Agreement
SARFAESISecuritization And Reconstruction Of Financial Assets And Enforcement Of Security Interest
SARFAESI ACTThe Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002
SBSaving Book
SBIState Bank of India
SCBStandard Chartered Bank
SCCSelective Credit Control.
SCOShanghai Cooperation Organization
SCOPEStanding Conference On Public Enterprises
SDBSService Discharge Benefit Scheme
SDRSpecial Drawing Rights
SDSSpecial Deposit Scheme
SEBISecurities And Exchange Board Of India
SENSEXSensitive Index Of Stock Exchange
SEPASingle Euro Payment Area.
SEPUPSelf Employment Programe For Urban Poor
SEWASelf employed woman’s association
SEZSpecial Economic Zone
SEZs         Special Economic Zones
SFCs       State Financial Corporations
SFMS Structured Financial Messaging Services
SGB Sovereign Gold Bond
SGSY Swarnajayanti Gram Swarojgar Yojana
SHG Self Help Group
SIB South Indian Bank
SIDBISmall Industries Development Bank of India
SIDC State Industrial Development Corporation
SIFI Systematically Important Financial Intermediaries
SIM Subscriber Identity Module
Sip Systematic Investment Plans
SIPS Systemically Important Payment System
SJSRY Swarna Jayanthi Shahari Rozgar Yojana
SLBC State Level Bankers’ Committee
SLRStatutory Liquidity Ratio
SLRS Scheme for Liberation and Rehabilitation of Scavengers
SME Small and Medium Industries
SMERA SME Rating Agency of India Limited
SMILE SIDBI Make in India Loan for small Enterprises
SNBCs Schedule Non Commercial Banks
SPNS Shared Payment Network System.
SPOM Self Programmable One Chip Microcomputer
SPY Special Purpose Vehicle
SSI Small Scale Industries
SSIDC State Small Industries Development Corporation
SSls Small Scale Industries
SSSBE Small Scale Service and Business Enterprises
STD Short Term Deposit
STF Short Term Finance
STP Straight Through Processing
STTSecurities Transaction Tax
SVCShamrao Vitthal Cooperative Bank
SWIFTSociety for Worldwide Financial Telecommunications
SWOT Strength Weaknesses Opportunities And Threats
T/T Telegraphic Transfer
TAN Transaction Number/Tax Deduction Account Number
TARC Tax Administration Reform Commission
TDF Technical Development Fund
TDICI Technology Development and Information Company of India Limited
TDSTax Deduction at Source
TGB Telangana Grameena Bank
TIEA Tax Information exchange Agreement
TIFRTata Institute Of Fundamental Research
TINTax Information Network
TINXSYSTax Information Exchange System
TISCOTata Iron and Steel Company
TMB Tamilnadu Mercantile Bank
TPDSTargeted Public Distribution System
TRIMSTrade Related Investment Measures
TRIPSTrade Related Intellectual Property Rights
TRYSEMTraining Of Rural Youth For Self Employment
TSCAB Telangana State Cooperative Apex Bank Ltd
TT Telegraph Transfer
txn Transaction
UBB Uniform Balance Book
UBD Urban Banks Department
UBI United Bank of India
UBIN Unique Business Identification Number
UCB Urban Cooperative bank
UCN Uniform Code Number
UCOUnited Commercial Bank
UEBA Universal Electronic Bank Account.
UIC Unique Identification Code
UIDAI Unique Identification Development Authority of India
UNUnited Nations
UNCTADUnited Nations Conference On Trade And Development
UNDPUnited Nations Development Program
UNEFUnited Nations Emergency Force
UNEPUnited Nations Environment Program
UNESCOUnited Nations Educational Scientific And Cultural Organization
UNFCCCUnited nation framework convention on climate change
UNFPOUnited Nations Fund For Population Activities
UNHCRUnited Nations High Commissioner For Refugees
UNHRCUnited Nations Human Rights Commission
UNICEFUnited Nations International Children’s (Emergency) Fund
UNIDOUnited Nations Industrial Development Organization
UNRRAUnited Nations Relief And Rehabilitation Administration
UOB United Overseas Bank
UPI Unified Payments Interface
UPIN Unique Property Identification Numbers.
USB Ultra Small Branch.
USD United States Dollar.
USSD Unstructured Supplementary Service Data
UTI Unit Trust of India
VATValue-Added Tax
VB Vijaya Bank
VCFs Venture Capital Funds
VCP Village Credit Plan
VDBS Vertically Differentiated Banking System.
VDISVoluntary Disclosure Of Income Scheme
VPA Virtual Payment Address
VRSVoluntary Retirement Scheme
VUBVseobecmi Uverova Banka
WBCIS Weather Based Crop Insurance Scheme.
WCDL Working Capital Demand Loan
WCTL Working Capital Term Loan
wdl  Withdrawal
WEFWorld Economic Forum
WL ATM White Label ATM.
WMA Ways and Means Advances
WOS Wholly Owned Subsidiary
WPI Wholesale Price Index
YTM Yield to Maturity

So, these are the commonly used full forms in the banking industry. If you do not get your specific banking full form in the list above, you can comment to us, we will add it, as soon as possible. And if you like this post and it helps you, please share it on social media for other needy.

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