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Banking and Finance Abbreviations

A compact, tabular revision of banking, monetary and financial abbreviations and full forms used in the Indian economy, for CAPF Paper I

CAPF wiki2 min read5 sections
At a glance
SubjectEconomy
RevisionEconomyBankingAbbreviationsFinancePaper 1

Cover the right column and expand each abbreviation. CAPF Paper I and the current-events section both test these full forms. For the institutions and one-liners see banking and finance one liners; for general abbreviations see abbreviations and full forms.

Regulators and institutions

Abbreviation Full form
RBI Reserve Bank of India
SEBI Securities and Exchange Board of India
IRDAI Insurance Regulatory and Development Authority of India
PFRDA Pension Fund Regulatory and Development Authority
NABARD National Bank for Agriculture and Rural Development
SIDBI Small Industries Development Bank of India
EXIM Bank Export-Import Bank of India
NHB National Housing Bank
DICGC Deposit Insurance and Credit Guarantee Corporation
NPCI National Payments Corporation of India

Monetary and policy terms

Abbreviation Full form
CRR Cash Reserve Ratio
SLR Statutory Liquidity Ratio
MSF Marginal Standing Facility
LAF Liquidity Adjustment Facility
MPC Monetary Policy Committee
MCLR Marginal Cost of funds based Lending Rate
OMO Open Market Operations
NDTL Net Demand and Time Liabilities
CPI / WPI Consumer Price Index / Wholesale Price Index

Payments, accounts and markets

Abbreviation Full form
UPI Unified Payments Interface
IMPS Immediate Payment Service
NEFT National Electronic Funds Transfer
RTGS Real Time Gross Settlement
IFSC Indian Financial System Code
KYC Know Your Customer
NPA Non-Performing Asset
CASA Current Account Savings Account
IPO / FPO Initial / Follow-on Public Offer
FDI / FPI Foreign Direct Investment / Foreign Portfolio Investment

Schemes, taxes and codes

Abbreviation Full form
GST Goods and Services Tax
GAAR General Anti-Avoidance Rules
FRBM Fiscal Responsibility and Budget Management
IBC Insolvency and Bankruptcy Code
PMJDY Pradhan Mantri Jan Dhan Yojana
MUDRA Micro Units Development and Refinance Agency
FEMA Foreign Exchange Management Act
GDP / GNP Gross Domestic Product / Gross National Product
MSME Micro, Small and Medium Enterprises

Cross-references

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