Dear Reader, here is your list of 25 banking abbreviations. These are very basic and used in real life by bank staff and customers. This is just part 1 of the series. We will update new lists in the coming days.
- AGM – Annual General Meeting
- ATM – Automated Teller Machine
- AIRCSC – All India Rural Credit Survey Committee
- ASSOCHAM – Associated Chambers of Commerce and Industry of India
- BoP – Balance of Payments
- CAD – Capital Account Deficit
- CC – Cash Credit
- CD – Certificate of Deposit
- CRR – Cash Reserve Ratio
- CSIR – Council of Scientific and Industrial Research
- DBOD – Department of Banking Operations and Development
- DD – Demand Draft
- EPF – Employees Provident Fund
- ECS – Electronic Clearing Scheme
- EEA – Exchange Equalization Account
- EFT – Electronic Fund Transfer
- FDI – Foreign Direct Investment
- IFC – International Finance Corporation
- IMF – International Monetary Fund
- NABARD – National Bank for Agriculture and Rural Development
- NPA – Non-Performing Assets
- OD – Over Draft
- PRB – Primary Revenue Balance
- RR – Revenue Receipts
- SEBI – Securities and Exchange Board of India
You can type your doubts in the comments section below. You can also suggest improvements to the above tutorial
25 Banking Abbreviations To Remember At Your Finger Tips