Banking & Financial Acronyms (Part-I)

Acronyms: Shortened words (Part-I : A – E)
( used in Banking / Finance Sectors)
   A acronym is a word formed from the initial letters of a name or by combining initial letters of a
   series of words such as NATO [pronounced as : neyto] from North Atlantic Treaty Organization.
   The acronyms and abbreviations are used in regluar e-mail, messenger programs, SMS, MMS 
   and other ways of communication. Some of the acronyms are also used as a print on t-shirts, 
   on signs or in regular writing. It’s sometimes even used in official documents, financial documents
   and  other types of documents. A list of commonly used acronyms in the field of banking & 
   finance is given here in this post.
          AACS          As Applicable to Co-operative Societies
          ACF          Auto-Correlation Function
          AD          Authorized Dealer
          ADB          Asian Development Bank
          ADR          American Depository Receipt
          AEF          Aggregate External Finance
          AFS          Annual Financial Statement
          AFS          Available For Sale
          AGM          Annual General Meeting
          AIR          Assumed Interest Rate
          AIRCSC          All India Rural Credit Survey Committee
          ALM          Asset Liability Management
          AME          Annually Managed Expenditure
          AMR          Advanced Measurement Approach
          AO          Additive Outliers
          APR          Annual Percentage Rate
          AR          Auto Regression
          ARM          Adjustable Rate Mortgage
          ARS          Auction Rate Securities
          ARIMA          Auto-Regressive Integrated Moving Average
          ASSOCHAM          Associated Chambers of Commerce and Industry of India
          ATM          Asynchronous Transfer Mode
          ATM          Automated Teller Machine
          BC          Business Correspondent
          BCA          Basic Credit Approval
          BCP          Business Continuity Plan
          BCBS          Basel Committee on Banking Supervision
          BF          Business Facilitator
          BG          Bank Guarantee
          BGB          Bank Guaranteed Bonds
          BHC          Bank Holding Company
          BIC          Bank Identifier Code
          BIS          Bank for International Settlements
          BLR          Base Lending Rate
          BOB          Bank of Baroda
          BOM          Bank of Maharashtra
          BOI          Bank of India
          BoP          Balance of Payments
          BPLR          Benchmark Prime Lending Rate
          BPM5          Balance of Payments Manual, 5th edition
          BPSD          Balance of Payments Division, DESACS, RBI
          BSA          Basic Savings Account
          BSE          Bombay Stock Exchange
          BSCS          Basel Committee on Banking Supervision
          BSR          Basic Statistical Returns
          BVI          Best Value Initiative
          CA          Capital Allowance
          CAD          Capital Account Deficit
          CAG          Controller and Auditor General of India
          CAS          Capital Adequacy Standard
          CASA          Current Account and Savings Account
          CBS          Core Banking Solution
          CBS          Consolidated Banking Statistics
          CC          Cash Credit
          CDs          Certificates of Deposit
          CDSs          Credit Default Swaps
          CDL          Credit Discretionary Limit
          CDR          Credit Deposit Ratio
          CDBS          Committee of Direction on Banking Statistics
          CDS          Central Depository System
          CF          Company Finance
          CFRA          Combined Finance and Revenue Accounts
          CGRA          Currency and Gold Revaluation Account
          CIF          Customer Information File
          CII          Confederation of Indian Industries
          CIPFA          Chartered Institute Of Public Finance And Accountancy
          CMO          Collateralized Mortgage Obligation
          CO          Capital Outlay
          CP          Commercial Paper
          CPI          Consumer Price Index
          CPI – IW          Consumer Price Index for Industrial Workers
          CPSS          Committee on Payment and Settlement Systems
          CPR          Customer Profit Rate
          CRM          Credit Risk Management
          CRM          Customer Relationship Management
          CR          Capital Receipts
          CRR          Cash Reserve Ratio
          CRAR          Capital to Risk Weighted Asset Ratio
          CRISIL          Credit Rating and Information Services of India Limited
          CSCs          Common Service Centres
          CTCS          Cheque Truncation and Conversion System
          CTS          Cheque Truncation System
          CTR          Currency Transaction Report
          DBEP          Domestic Bills Exchange Purchase
          DBOD          Department of Banking Operations and Development
          DBS          Department of Banking Supervision, RBI
          DCA          Dollar Cost Averaging
          DCB          Demand Collection and Balance
          DC          Documentary Credit
          DCCBs          District Central Co-operative Banks
          DCM          Department of Currency Management, RBI
          DD          Demand Draft
          DDS          Data Dissemination Standards
          DEIO          Department of External Investments and Operations
          DESACS          Department of Statistical Analysis & Computer Services, RBI
          DEFRA          Department Of Environment, Food And Rural Affairs
          DEL          Departmental Expenditure Limit
          DFI          Development Finance Institution
          DGBA          Department of Government and Bank Accounts, RBI
          DGCI&S          Directorate General of Commercial Intelligence and Statistics
          DI          Direct Investment
          DICGC          Deposit Insurance and Credit Guarantee Corporation of India
          DID          Discharge of Internal Debt
          DMA          Departmentalized Ministries Account
          DR          Disaster Recovery
          DRI          Differntial Rate of Interest Scheme
          DSBB          Dissemination Standards Bulletin Board
          DVP          Delivery versus Payment
          ECB          External Commercial Borrowing
          ECB          European Central Bank
          ECGC          Export Credit and Guarantee Corporation
          ECS          Electronic Clearing Scheme
          ECT          Electronic Cheque Terminal
          EDMU          External Debt Management Unit
          EDI          Electronic Data Interchange
          EEA          Exchange Equalization Account
          EEC          European Economic Community
          EEFC          Exchange Earners Foreign Currency
          EFR          Exchange Fluctuation Reserve
          EFT          Electronic Funds Transfer
          EFTPOS          Electronic Funds Transfer at Point of Sale
          EMEs          Emerging Market Economies
          EPF          Employees Provident Fund
          EPS          Earnings Per Share
          ETF          Exchange Traded Funds
          EU          European Union 
          EUR          Euro
          EXIM          Bank Export Import Bank of India
  To be continued  in next posts………                  Post created by – Narender Jangra

About Naren
Full name - Narender Jangra      Location - India    Qualification - MCA

9 Responses to Banking & Financial Acronyms (Part-I)

  1. Harsh Mahala says:

    Very good article .Please realse next part early .Best of Luck .

  2. I never thought of it that way, well put!

  3. You actually make it seem so easy with your presentation but I find this topic to be really something that I think I would never understand. It seems too complicated and very broad for me. I am looking forward for your next post, I’ll try to get the hang of it!

  4. jai says:

    best presentation, i have ever seen

  5. meenu yadav says:

    very good

  6. ajay says:

    its very good.

  7. vipin says:

    plz update it

  8. Mehar Chand says:


  9. Jill says:

    These are actually impressive ideas in concerning blogging.
    You have touched some good things here. Any way keep up wrinting.|

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