Welcome to the Rapid Current Affairs website, In today’s article, we are going to discuss in detail about the Banking Abbreviations and their terms along with their importance. If you are preparing for the banking exam like SBI, PO, IBPS, Clerk, Nabard, RBI etc exams. Banking Abbreviations are the most significant topics for the banking exam. At least one or two questions are asked in all govt banking exams.
Aspirants appearing for the RBI exam, SBI PO exam, IBPS PO exam, IBPS RRB, and other Bank exams will have to tackle questions from this section. To crack these types of questions on the first attempt you must check this regularly and make the proper practice on these Banking Abbreviations. This comes under the Banking Awareness topics therefore it has been very common for the banking aspirants.
List of Important Banking Abbreviations
We have tried to provide you with the best list and important facts of the banking full form words. The main concept of the Banking Abbreviations is the full form of the banking words that are used in that term. Below we have added the most relevant and important banking abbrieviations.
Banking Abbreviations A to Z
| AACS | As Applicable to Cooperative Societies |
| ABS | Asset-Backed Securities |
| ACH | Automatic Clearing House |
| ACU | Asian Clearing Union |
| AD | Authorised Dealer |
| ADR | Asset Development Reserve |
| AEBC | American Express Banking Corporation |
| AEBL | American Express Bank Limited |
| AFC | Asset Finance Companies |
| AFI | Annual Financial Inspection |
| AFS | Available For Sale |
| AICCCA | Association of Independent Consumer Credit Counselling Agencies |
| AIFIs | All India Financial Institutions |
| ALD | Aggregate Liability to Depositors |
| ALM | Asset Liability Management |
| AMA | Asset Liability Management |
| AMC | Asset Management Company |
| AML | Anti Money Laundering |
| ANBC | Adjusted Net Bank Credit |
| APG | Asia Pacific Group |
B Related Banking Abbreviations
- BC – Business Correspondent
- BCBS- Basel Committee on Banking Supervision
- BCP- Business Continuity Planning Process
- BCP- Basel Core Principles
- BCSBI- Banking Codes and Standards Board of India
- BF- Business Facilitator
- BFS- Board for Financial Supervision
- BPSS- Board for Regulation and Supervision of Payment and Settlement Systems
- BRBNMPL- Bharatiya Reserve Bank Note Mudran Private Limited
- BSE- Bombay Stock Exchange
- BSC- Balanced Scorecard
- BSR- Basic Statistical Return
- BWA – Broadband Wireless Access
C Related Banking Abbreviations
- CDO- Collateral Debt Obligations
- CDR- Corporate Debt Restructuring
- CDRM- Credit Counselling and Debt Management
- CDS- Credit Default Swaps
- CEM- Current Exposure Method
- CEO- Chief Executive Officer
- CEOBSE- Credit Equivalent Amount Off-Balance Sheet Exposure
- CFC- Customer Facilitation Cendiv class=”col-md-12 well”e
- CFMS- Centralised Funds Management System
- CFS- Consolidated Financial Statements
- CFSA- Committee on Financial Sector Assessment
- CFSP- Committee on Financial Sector Plan