BANKING ABBREVATIONS..................
ADB Asian Development Bank
AIDBs All India Development Banks
AIFIs All India Financial Institutions
A LM Asset Liability Management
AMC Asset Management Company
ARCs Asset Reconstruction Companies
ATM Automated Teller Machine
ATS Automatic Transfer Service
BACS Bankers Automated Clearing System
BPL Below Poverty Line
BPLR Benchmark Prime Lending Rate
BPO Business Processes Outsourcing
BR Base Rate
CAAP Capital Adequacy Assessment Process
CACP Commission for Agricultural Cost and Prices
CEO Chief Executive Officer
CFO Chief Finance Officer
CFMS Centralised Funds Management System
CFS Committee on the Financial System
CFS Consolidated Financial Statements
CHAPS Clearing House Automated Payment System
CRR Cash Reserve Ratio
CSGLA Constituent’s Subsidiary General Ledger Account
CSIR Council of Scientific and Industrial Research
CSO Central Statistical Organisation
CWC Central Warehousing Corporation
Banking Awareness: DEBT RECOVERY TRIBUNAL (DRT)
DPN Derivative Usance Promissory Note
DPs Depository Participants
DRI Beneficiaries of Differential Interest rate
DRT Debt Recovery Tribunals
DSA Direct Selling Agent
DSCR Debt Service Coverage Ratio
DTA Domestic Tariff Area
ECB External Commercial Borrowing
ECS Electronic Clearing Service
EMI Equated Monthly Instalment
EPS Earnings Per Share
ERP Enterprise Resource Planning
ETFs Exchange Traded Funds
EU European Union
EXIM Bank Export-Import Bank of India
FCP Farmers Club Programme
FCRA Forward Contract Regulation Act
FD Fixed deposit
FDI Foreign Direct Investment
FDIC Federal Deposit Insurance Corporation
FEMA Foreign Exchange Management Act
FERA Foreign Exchange Regulation Act
FIP Financial Inclusion Plan
FIU-IND Financial Intelligence Unit-India
FOB Free-on-Board
FRNs Floating Rate Notes
FRO Foreigners Registration Officer
FRRO Foreigners Regional Registration Officer
FSS Financial Software Systems
FTT Foreign Travel Tax
GDCF Gross Domestic Capital Formation
GFD Gross Fiscal Deficit
GIC General Insurance Corporation of India
GIPSA General Insurance Public Sector Association
GNP Gross National Product
HRD Human Resources Development
HSBC The Hongkong and Shanghai Banking Corporation Ltd
HTM Held to Maturity
HUDCO Housing and Urban Development Corporation
HUF Hindu Undivided Family
HYVP High Yielding Variety Programme
ICAI Institute of Chartered Accountants of India
ICAO International Civil Aviation Organi-sation
ICC Integrated Circuit Card
ICDP Intensive Cattle Development Programme
ICICI Industrial Credit and Investment Corporation of India Limited
ICRA Investment Information and Credit Rating Agency
ICSID International Centre for Settlement of Investment
IDBI Industrial Development Bank of India
IDFC Infrastructure Development Finance Company Limited
IDR Indian Depository Receipt
IDRBT Institute for Development and Research in Banking Technology
IFC International Finance Corporation
IFCI Industrial Finance Corporation of India Limited
IFSC Indian Financial System Code
IPG Internet Payment Gateway
IPO Initial Public Offering
ISO International Standard Organisation
IVP Indira Vikas Patra
KCC Kisan Credit Card
KVP Kisan Vikas Patra
KYC Know Your Customer
LAF Liquidity Adjustment Facility
LAN Local Area Network
LBS Lead Bank Scheme
LC Letter of Credit
L M M Liquidity Management Module
LOC Lines of Credit
NSSO National Sample Survey Organisation
LTF Long-Term Finance
MBFC Mutual Benefit Financial Company
MODS Multi-Option Deposit Scheme
MPBF Maximum Permissible Bank Finance
MRD Market Regulation Department
MRTP Monopolies and Restrictive Trade Practices
MSME Micro, Small and Medium Enterprise
NDA Net Domestic Assets
NDC Non-Dues Certificate
NDS Negotiated Dealing System
NDTL Net Demand and Time Liabilities
NFA Net Foreign Assets
NGO Non-Governmental Organisation
NHB National Housing Bank
NIA Negotiable Instruments Act
NII Net Interest Income
NIM Net Interest Margin
NNP Net National Product
NSIC National Small Industries Corporation
Banking and Economic Abbreviations
NSS National Savings Scheme
NSSO National Sample Survey Organisation
OBE Off-balance Sheet Exposures
OBUs Offshore Banking Units
OCB Overseas Corporate Bodies
OPEC Organisation of Petroleum Exporting Countries
OTC Over-The-Counter
OTCEI Over-The-Counter Exchange of India Limited
OTS One-Time Settlement
PCA Prompt Corrective Action
PCDs Partly Convertible Debentures
PD Primary Dealer
PFIs Public Financial Institutions
PFS Price Stabilisation Fund
PIN Personal Identification Number
PIO People of Indian Origin
PKI Public Key Infrastructure
PLIs Prime Lending Institutions
PLP Potential Linked Plan
PLR Prime Lending Rate
PMO Primary Market Operations
PMEGP Prime Minister’s Employment Generation Programme
PTCs Pass-Through Certificates
QIB Qualified Institutional Buyers
QIP Qualified Institutional Placement
QIS Quantitative Impact Study
RCI Refinance Corporation for Industry
RCTC Risk Capital and Technology Corporation
REPO Repurchase Agreement
REPOS Ready Forward Contracts
RFID Radio Frequency Identification
RLS Retail Loan Schemes
RMC Risk Management Committee
RMG Risk Management Group
RML Reverse Mortgage Loan
RNBCs Residuary Non-Banking Companies
ROA Return on Assets
ROC Registration of Companies
RTGS Real Time Gross Settlement
SARFAES Ses and Reconstruction of Fmancial and Enforcement of
Security Interest
SBI State Bank of India
SCB State Cooperative Apex Bank
SCC Selective Credit Control
SDRs Special Drawing Rights
SEBI Securities and Exchange Board of India
SHGs Self-Help Groups
SICA Sick Industrial Companies Act
SIDBI Small Industries Development Bank of India
SIDC State Industrial Development Corporation
SIM Subscriber Identity Module
SJSRY Swarna Jayanti Shahari Rojgar Yojana
SLBC State-level Banker’s Committee
SLR Statutory Liquidity Ratio
Banking and Economic Abbreviations
SME Small and Medium Enterprises
SPNS Shared Payment Network Systems
SPOM Self-Programmable One-Chip Microcomputer
SPV Special Purpose Vehicle
SSIDC State Small Industries Development Corporation
SSls Small Scale Industries
STF Short-Term Finance
T-Bills Treasury Bills
TAN Transaction Number/Tax Deduction Account Number
TCS Tata Consultancy Services
TDF Technical Development Fund
TRIFED Tribal Co-operative Marketing Development Federation
TRIPS Trade Related Intellectual Property Rights
UCPDC Uniform Customs and Practice for Documentary Credits
UNCTAD United Nations Conference on Trade and Development
UTI Unit Trust of India
VDIS Voluntary Disclosure of Income Scheme
VRS Voluntary Retirement Scheme
VUB Vseobecna Uverova Banka
WA N Wide Area Network
WCDL Working Capital Demand Loan
WPI Wholesale Price Index
W W W World Wide Web
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