Banking contains various acronyms which are important to know. A list of top banking full forms are given below:
| Acronym | Full Form |
|---|---|
| ADB | Asian Development Bank |
| ATM | Automated Teller Machine |
| CBI | Central bureau of Investigation |
| HDFC | Housing Development Finance Corporation |
| HSBC | Hong Kong and Shanghai Banking Corporation |
| ICICI | Credit and Investment Corporation of India |
| IDBI | Industrial Development Bank of India |
| IFSC | Indian Financial System Code |
| INR | Indian Rupee |
| NEFT | National Electronic Funds Transfer |
| RTGS | Real-Time Gross Settlement |
| RBL | Ratnakar Bank Limited |
| PAN | Permanent Account Number |
| PO | Probationary Officer & Post Office |
| TDS | Tax Deducted at Source |
| ECS | Electronic Clearing Service |
| ESI | Employees' State Insurance |
| IRDA | Employees' State Insurance |
| SEBI | Securities and Exchange Board of India |
| SIDBI | Small Industries Development Bank of India |
| SLR | Single Lens Reflex & Statutory Liquidity Ratio |
| UCO | United Commercial Bank |
2 Comments
Nice post Sir NEFT Full form
ReplyDeleteThefull name of ATM is Automated teller Machine, which is an electromechanical machine composed of an automated banking platform that allows customers to operate smoothly without the help of branch representatives or cashiers. Withdrawing money at most ATMs ATMs are beneficial because they allow customers to conduct fast self-service transactions such as withdrawals, deposits, bill payments, and account-to-account transfers. It is held by the ATM operator or by both. Some of these fees can be avoided by using an ATM directly operated by the bank that opened the account.
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