AD

–

Authorised Dealer

ADF

–

Augmented Dickey-Fuller

ADRs

–

American Depository Receipts

AIFI

–

All India Financial Institution

ALM

–

Asset Liability Management

AMPI

–

Aggregated Micro-Prudential Indicator

ASB

–

Accounting Standard Board

APC

–

Accounting Practices Committee

BCBS

–

Basle Committee on

Banking Supervision

BFS

–

Board for Financial Supervision

BIS

–

Bank for International Settlements

BoB

–

Bank of Baroda

BoE

–

Bank of England

BoP

–

Balance of Payments

BSE

–

Bombay Stock Exchange

CAC

–

Capital Account Convertibility

CAG

–

Comptroller and Auditor General

CACS

–

Capital Adequacy, Asset

Quality, Compliance and Systems

CAD

–

Current Account Deficit

CAMELS

–

Capital Adequacy, Asset Quality, Management, Earnings, Liquidity and Systems

CAPM

–

Capital Asset Pricing Model

CCB

–

Central Co-operative Bank

CCI

–

Controller of Capital Issues

CD

–

Certificate of Deposit

CFMS

–

Centralised Funds Management System

CIP

–

Covered Interest Parity / Central Issue Prices

CLF

–

Collateralised Lending Facility

CP

–

Commercial Paper

CPI-IW

–

Consumer Price Index for Industrial Workers

CPSS

–

Committee on Payment and Settlement Systems

CRAR

–

Capital to Risk-Weighted Assets Ratio

CRR

–

Cash Reserve Ratio

CSH

–

Contractual Saving for Housing

CV

–

Co-efficient of Variation

DCCB

–

District Central Co-operative Bank

DEA

–

Data Envelopment Analysis

DFHI

–

Discount and Finance House of India

DFI

–

Development Financial Institution

DGCI&S

–

Directorate General of Commercial Intelligence and Statistics

DICGC

–

Deposit Insurance and Credit Guarantee Corporation

DNS

–

Deferred Net Settlement

DRT

–

Debt Recovery Tribunal

DvP

–

Delivery versus Payments

ECB

–

External Commercial Borrowings

ECGC

–

Export Credit Guarantee Corporation

ECS

–

Electronic Clearing Service

EEFC

–

Exchange Earners’ Foreign Currency

EFT

–

Electronic Funds Transfer

ELC

–

Equipment Leasing Company

EMU

–

European Monetary Union

ERP

–

Effective Relative Prices

Exim Bank

–

Export-Import Bank of India

FATF

–

Financial Action Task Force on Money Laundering

FCCB

–

Foreign Currency Convertible Bond

FCNR(B)

–

Foreign Currency Non- Resident (Bank) Account

FDI

–

Foreign Direct Investment

FDIC

–

Federal Deposit Insurance Corporation

FEMA

–

Foreign Exchange Management Act

FI

–

Financial Institution

FII

–

Foreign Institutional Investor

FIPB

–

Foreign Investment Promotion Board

FP

–

Forward Premia

FRA

–

Financial Restructuring Authority / Forward Rate Agreement

FSA

–

Financial Services Authority

FSAP

–

Financial Sector Assessment Programme

FSF

–

Financial Stability Forum

GCF

–

Gross Capital Formation

GDP

–

Gross Domestic Product

GDRs

–

Global Depository Receipts

GDS

–

Gross Domestic Saving

GFD

–

Gross Fiscal Deficit

GIC

–

General Insurance Corporation

HDFC

–

Housing Development Finance Corporation

HFC

–

Housing Finance Company

HPFC

–

Hire Purchase Finance Company

HUDCO

–

Housing and Urban Development Corporation

IAIS

–

International Association of Insurance Supervision

IAPC

–

International Auditing Practices Committee

IAS

–

International Accounting Standards

IASC

–

International Accounting Standards Committee

IC

–

Investment Company

ICAI

–

Institute of Chartered Accountants of India

ICOR

–

Incremental Capital Output Ratio

ICSI

–

Inter-Connected Stock Exchange of India Ltd

IDBI

–

Industrial Development Bank of India

IDFC

–

Infrastructure Development Finance Corporation

IDRBT

–

Institute for Development and Research in Banking Technology

IFA

–

International Financial Architecture

IFAC

–

International Federation of Accountants

IFCI

–

Industrial Finance Corporation of India

IIBI

–

Industrial Investment Bank of India

IIP

–

Index of Industrial Production

ILAF

–

Interim Liquidity Adjustment Facility

IMD

–

India Millennium Deposit

IMF

–

International Monetary Fund

IMFC

–

International Monetary and Financial Committee

INFINET

–

Indian Financial Network

IOC

–

Indian Oil Corporation

IPO

–

Initial Public Offering

IOSCO

–

International Organisation of Securities Commissions

IRDA

–

Insurance Regulatory and Development Authority

IRS

–

Interest Rate Swap

IT

–

Information Technology

IVCF

–

IFCI Venture Capital Funds Ltd.

LAB

–

Local Area Bank

LAF

–

Liquidity Adjustment Facility

LC

–

Loan Company

LIBOR

–

London Inter Bank Offer Rate

LIC

–

Life Insurance Corporation of India

MAT

–

Minimum Alternate Tax

MBFC

–

Mutual Benefit Financial Company

MEI

–

Macro-economic Indicators

MICR

–

Magnetic Ink Character Recognition

MMMFs

–

Money Market Mutual Funds

MNBC

–

Miscellaneous Non-Banking Company

MPBF

–

Maximum Permissible Bank Finance

MPC

–

Monetary Policy Committee

MPI

–

Macro-prudential Indicator

NABARD

–

National Bank for Agriculture and Rural Development

NASDAQ

–

National Association of Securities Dealers Automated Quote

NBFC

–

Non-Banking Financial Company

NEAT

–

National Exchange for Automated Trading

NFA

–

Net Foreign Exchange Assets

NHB

–

National Housing Bank

NHP

–

National Housing Policy

NOF

–

Net Owned Fund

NPA

–

Non-Performing Asset

NPC

–

National Payments Council

NR(E)A/NRER

–

Non-Resident (External) Rupee Account

NRNR

–

Non-Resident Non-Repatriable Account

NSC

–

National Statistical Commission

NSCCL

–

National Securities Clearing Corporation Ltd.

NSDL

–

National Securities Depository Ltd.

NSE

–

National Stock Exchange

NSS

–

National Sample Survey

OCC

–

Office of the Comptroller of Currency

OECD

–

Organisation for Economic Co-operation and Development

OFI

–

Other Financial Institution

OMO

–

Open Market Operation

OSMOS

–

Off-site Surveillance and Monitoring System

OTC

–

Over the Counter

OTCEI

–

Over the Counter Exchange of India

PACS

–

Primary Agricultural Credit Societies

PCA

–

Prompt Corrective Action

PCARDB

–

Primary Co-operative Agriculture and Rural Development Bank

PCB

–

Private Co-operative Bank

PDO

–

Public Debt Office

PD

–

Primary Dealer

PDS

–

Public Distribution System

PNB

–

Punjab National Bank

PP

–

Philips-Perron

PPP

–

Purchasing Power Parity

PSB

–

Public Sector Bank

PSG

–

Payment System Group

PSU

–

Public Sector Undertaking

RBI

–

Reserve Bank of India

RE

–

Revised Estimate

REER

–

Real Effective Exchange Rate

RIB

–

Resurgent India Bond

RIP

–

Real Interest Parity

RNBC

–

Residuary Non-Banking Company

ROSC

–

Reports on Observance of Standards and Codes

ROW

–

Rest of the World

RRB

–

Regional Rural Bank

RS

–

Rolling Settlement

RTGS

–

Real Time Gross Settlement

RW

–

Random Walk

SAC

–

Settlement Advisory Committee

SAP

–

Standard Auditing Practice

SBI

–

State Bank of India

SCARDB

–

State Co-operative Agriculture and Rural Development Bank

SCB

–

Scheduled Commercial Bank

SD

–

Satellite Dealer/Standard Deviation

SDDS

–

Special Data Dissemination Standards

SEBI

–

Securities and Exchange Board of India

SFC

–

State Financial Corporation

SGL

–

Subsidiary General Ledger

SHCIL

–

Stock Holding Corporation of India Ltd.

SIDBI

–

Small Industries Development Bank of India

SIDC

–

State Industrial Development Corporation

SLR

–

Statutory Liquidity Ratio

S&P

–

Standard and Poor

StCB

–

State Co-operative Bank

STCI

–

Securities Trading Corporation of India

STRIP

–

Separate Trading of Registered Interest and Principal Security

TDICI

–

Technology Development and Investment Corporation of India

TDS

–

Tax Deduction at Source

TFCI

–

Tourism Finance Corporation of India

UCB

–

Urban Co-operative Bank

UIP

–

Uncovered Interest Parity

US

–

United States

US GAAP

–

US Generally Accepted Accounting Principles

UTI

–

Unit Trust of India

VAR

–

Vector Auto-Regression

VaR

–

Value at Risk

VAT

–

Value Added Tax

VSAT

–

Very Small Aperture Terminal

WMA

–

Ways and Means Advances

WPI

–

Wholesale Price Index

WTO

–

World Trade Organisation

YTM

–

Yield to Maturity