Banking Full Forms: Explore an extensive list of banking full forms, including ATM, RBI, NEFT, RTGS, SWIFT, and more. Discover the meanings behind common banking abbreviations and acronyms used in the financial industry

Short Form	Full Form	Description
ADB	Asian Development Bank	Regional development bank established to promote economic and social development in Asia.
ADR	American Depository Receipt	Financial instrument representing ownership in foreign securities.
AEPS	Aadhaar Enabled Payment System	Payment system that allows Aadhaar cardholders to make financial transactions through micro-ATMs.
AGM	Annual General Meeting	Yearly meeting of a company’s shareholders.
ATM	Automated Teller Machine	Electronic banking outlet that allows customers to conduct financial transactions.
BIS	Bank for International Settlements	International financial institution that fosters cooperation among central banks and other monetary authorities.
BOP	Balance of Payments	Record of all economic transactions made by a country with the rest of the world.
BSE	Bombay Stock Exchange	Oldest stock exchange in Asia.
CA	Current Account	Type of deposit account in which there are no restrictions on the number of withdrawals or the amount of withdrawals.
CAGR	Compound Annual Growth Rate	Measure of an investment’s annual growth rate over time.
CASA	Current Account Savings Account	Combination of a current account and savings account.
CBI	Central Bank of India	The premier bank of India, responsible for monetary stability and economic growth.
CDS	Credit Default Swap	Financial derivative used to transfer credit risk from one party to another.
CEO	Chief Executive Officer	Highest-ranking executive in a company.
CIBIL	Credit Information Bureau (India) Limited	Credit information company that assesses individuals’ and companies’ creditworthiness.
CRR	Cash Reserve Ratio	Portion of deposits that banks are required to maintain with the central bank.
CSR	Corporate Social Responsibility	Business model that integrates social and environmental concerns into a company’s operations.
DCA	Debt Collection Agency	Company hired by creditors to recover debts that are past due.
DCF	Discounted Cash Flow	Valuation method used to determine the value of an investment based on its expected future cash flows.
DD	Demand Draft	Negotiable instrument used to transfer money between two parties.
ETF	Exchange-Traded Fund	Investment fund traded on stock exchanges, much like stocks.
FDI	Foreign Direct Investment	Investment made by a company or individual in one country in business interests in another country.
FII	Foreign Institutional Investor	Non-Indian investor investing in the financial markets of India.
FOMC	Federal Open Market Committee	Committee within the Federal Reserve System responsible for implementing monetary policy.
GDP	Gross Domestic Product	Total value of goods and services produced within a country’s borders in a specific time period.
GNP	Gross National Product	Total value of goods and services produced by a country’s citizens, regardless of where they are located.
HNI	High Net Worth Individual	Individual with high net worth, typically with significant investable assets.
IBA	Indian Banks’ Association	Association of Indian banks and financial institutions.
IBC	Insolvency and Bankruptcy Code	Legislation aimed at consolidating and amending the laws relating to insolvency resolution of corporate persons.
ICICI	Industrial Credit and Investment Corporation of India	Multinational banking and financial services company headquartered in Mumbai.
IFSC	Indian Financial System Code	Eleven-digit alphanumeric code used to identify bank branches during electronic fund transfers.
IPO	Initial Public Offering	Process by which a private company becomes a public company by selling shares to the public for the first time.
KYC	Know Your Customer	Process of verifying the identity of customers to prevent fraud and money laundering.
LCR	Liquidity Coverage Ratio	Requirement that banks hold enough high-quality liquid assets to cover their net cash outflows during a 30-day stress period.
MICR	Magnetic Ink Character Recognition	Technology used by banks to process cheques.
NABARD	National Bank for Agriculture and Rural Development	Development financial institution in India focused on rural development.
NBFC	Non-Banking Financial Company	Financial institution that offers banking services without meeting the legal definition of a bank.
NEFT	National Electronic Funds Transfer	Electronic funds transfer system used for transferring money between bank accounts in India.
NPA	Non-Performing Asset	Loan or advance for which the principal or interest payment remains overdue for a specified period.
NRI	Non-Resident Indian	Indian citizen living outside India for a specified period.
PMS	Portfolio Management Service	Professional service offered by portfolio managers that involves managing an individual’s or institution’s investment portfolio.
PPF	Public Provident Fund	Tax-saving investment scheme in India with a fixed interest rate.
RBI	Reserve Bank of India	Central bank of India responsible for regulating the country’s monetary and credit system.
RTGS	Real-Time Gross Settlement	Electronic funds transfer system used for high-value transactions in India.
SBI	State Bank of India	Largest bank in India in terms of assets, branches, and market capitalization.
SEBI	Securities and Exchange Board of India	Regulator for the securities market in India.
SWIFT	Society for Worldwide Interbank Financial Telecommunication	Network used by financial institutions to send and receive information about financial transactions.
TDS	Tax Deducted at Source	Tax deducted from the income of an individual or business at the time of payment.
UPI	Unified Payments Interface	Instant real-time payment system developed by the National Payments Corporation of India.
VAT	Value-Added Tax	Consumption tax levied on the value added to goods and services at each stage of production or distribution.
WPI	Wholesale Price Index	Measure of the changes in the price of a basket of wholesale goods and services.
YTM	Yield to Maturity	Measure of the total return anticipated on a bond if the bond is held until it matures.
ZBB	Zero-Based Budgeting	Budgeting method where all expenses must be justified for each new period.