Banking awareness questions often test a single full form, such as “What does NEFT stand for?” This list groups 100 high-value abbreviations by topic so you can learn them in context, not as a random list.
Regulators, banks 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
NaBFID
National Bank for Financing Infrastructure and Development
SBI
State Bank of India
IBA
Indian Banks’ Association
IBPS
Institute of Banking Personnel Selection
DICGC
Deposit Insurance and Credit Guarantee Corporation
NPCI
National Payments Corporation of India
CIBIL
Credit Information Bureau (India) Limited
RRB
Regional Rural Bank
SFB
Small Finance Bank
PSB
Public Sector Bank
NBFC
Non-Banking Financial Company
MFI
Microfinance Institution
Payments and digital banking
Abbreviation
Full form
NEFT
National Electronic Funds Transfer
RTGS
Real Time Gross Settlement
IMPS
Immediate Payment Service
UPI
Unified Payments Interface
BHIM
Bharat Interface for Money
AePS
Aadhaar Enabled Payment System
NACH
National Automated Clearing House
ECS
Electronic Clearing Service
CTS
Cheque Truncation System
BBPS
Bharat Bill Payment System
NETC
National Electronic Toll Collection
CBDC
Central Bank Digital Currency
PPI
Prepaid Payment Instrument
POS
Point of Sale
ATM
Automated Teller Machine
OTP
One Time Password
PIN
Personal Identification Number
IFSC
Indian Financial System Code
MICR
Magnetic Ink Character Recognition
SWIFT
Society for Worldwide Interbank Financial Telecommunication