AACS

As Applicable to Co-operative Societies

ABEP

Annual Branch Expansion Programme

ADF

Automated Data Flow

ADR

American Depository Receipt

AEs

Advanced Economies

AFA

Additional Factor of Authentication

AFCs

Asset Finance Companies

AFI

Annual Financial Inspection

AIFIs

All-India Financial Institutions

AGM

Annual General Meeting

ALD

Aggregate Liability to Depositors

ALM

Asset-Liability Management

AMA

Advanced Measurement Approach

AML

Anti-Money Laundering

ANBC

Adjusted Net Bank Credit

ARDB

Agriculture and Rural Development Bank

ATM

Automated Teller Machine

BBA

British Bankers’ Association

BC

Business Correspondent

BCBS

Basel Committee on Banking Supervision

BCSBI

Banking Codes and Standards Board of India

BFS

Board for Financial Supervision

BIA

Basic Indicator Approach

BIS

Bank for International Settlements

BO

Banking Ombudsman

BoE

Bank of England

BoJ

Bank of Japan

BOS

Banking Ombudsman Scheme

BSE

Bombay Stock Exchange Ltd.

CAD

Current Account Deficit

CAG

Comptroller and Auditor General

CAMELS

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

CAR

Capital Adequacy Ratio

CASA

Current Account and Savings Account

CBRC

China Banking Regulatory Commission

CBS

Core Banking Solutions

CCBs

Central Co-operative Banks

CCP

Central Counter Party

CD

Certificate of Deposit

CD Ratio

Credit to Deposit Ratio

CDR

Corporate Debt Restructuring

CEO

Chief Executive Officer

CETI

Common Equity Tier I

CICs

Core Investment Companies

CIS

Collective Investment Schemes

CMBs

Cash Management Bills

CME

Capital Market Exposure

CoR

Certificate of Registration

CP

Commercial Paper

CPSS

Committee on Payment and Settlement System

CRAR

Capital to Risk-Weighted Assets Ratio

CRE-RH

Commercial Real Estate – Residential Housing

CRR

Cash Reserve Ratio

CTS

Cheque Truncation System

DBT

Direct Benefit Transfer

DCCB

District Central Co-operative Bank

DICGC

Deposit Insurance and Credit Guarantee Corporation

DIF

Deposit Insurance Fund

DRT

Debt Recovery Tribunal

D-SIB

Domestic Systemically Important Bank

DTS

Direct Transfer of Subsidies

Delhi NCR

Delhi National Capital Region

EBA

European Banking Authority

EBT

Electronic Benefit Transfer

ECB

European Central Bank

ECCS

Express Cheque Clearing System

ECS

Electronic Clearing Service

EMDEs

Emerging Market and Developing Economies

EME

Emerging Market Economy

ETF

Exchange Traded Fund

EU

European Union

EXIM Bank

Export-Import Bank of India

FB

Foreign Banks

FCs

Financial Conglomerates

FCA

Financial Conduct Authority

FCNR (B)

Foreign Currency Non-Resident (Banks)

FDI

Foreign Direct Investment

FEDAI

Foreign Exchange Dealers’ Association of India

FI

Financial Institution

FII

Foreign Institutional Investor

FIP

Financial Inclusion Plan

FLCs

Financial Literacy Centres

FMI

Financial Market Infrastructure

FSA

Financial Services Authority

FSB

Financial Stability Board

FSDC

Financial Stability and Development Council

FSLRC

Financial Sector Legislative Reforms Commission

G-SIBs

Global Systemically Important Banks

GCC

General Credit Card

GDP

Gross Domestic Product

GDR

Global Depository Receipt

GFSR

Global Financial Stability Report

GIC

General Insurance Corporation of India

G-Secs

Government Securities

GoI

Government of India

HLSC

High-Level Steering Committee

HTM

Held to Maturity

HUF

Hindu Undivided Families

IBA

Indian Banks’ Association

IBAN

International Bank Account Number

IBPS

India Bill Payment System

ICB

Independent Commission on Banking

ICBC

Industrial and Commercial Bank of China

ICs

Investment Companies

ICDs

Inter-Corporate Deposits

ICICI

Industrial Credit and Investment Corporation of India

IDBI

Industrial Development Bank of India

IDF

Infrastructure Debt Funds

IDF-NBFCs

Infrastructure Debt Fund - Non- Banking Financial Companies

ID Ratio

Investment-to-Deposit Ratio

IFC

Infrastructure Finance Company

IFCI

Industrial Finance Corporation of India

IVCF

IFCI Venture Capital Funds Ltd.

IFSC

Indian Financial System Code

IIBI

Industrial Investment Bank of India

IMF

International Monetary Fund

IRDA

Insurance Regulatory and Development Authority

IRF

Inter-Regulatory Forum

IT

Information Technology

JLGs

Joint Liability Groups

KA

Key Attributes

KCC

Kisan Credit Card

KYC

Know Your Customer

LAB

Local Area Bank

LAF

Liquidity Adjustment Facility

LCs

Loan Companies

LDA

Loss Distribution Approach

LE

Large Exposure

LEG

Large Exposure Group

LIC

Life Insurance Corporation of India

LPG

Liquefied Petroleum Gas

LTRO

Long-Term Refinancing Operations

LTV

Loan-to-Value

MAP

Monitorable Action Plan

MDR

Merchant Discount Rate

MFI

Micro Finance Institution

MGNREGA

Mahatma Gandhi National Rural Employment Guarantee Act

MICR

Magnetic Ink Character Recognition

MIS

Management Information System

MoU

Memorandum of Understanding

MSE

Micro and Small Enterprise

MSF

Marginal Standing Facility

MSME

Micro, Small and Medium Enterprises

NABARD

National Bank for Agriculture and Rural Development

NBFC

Non-Banking Financial Company

NBFC-D

Non-Banking Financial Company- Deposit taking

NBFC-MFIs

Non-Banking Financial Companies - Micro Finance Institutions

NBFC-ND

Non-Deposit taking Non-Banking Financial Company

NBFCs-ND-SI

Systemically Important Non-Deposit taking Non-Banking Financial Companies

NBFI

Non-Banking Financial Institution

NDTL

Net Demand and Time Liability

NECS

National Electronic Clearing Service

NEFT

National Electronic Fund Transfer

NGO

Non-Government Organisation

NHB

National Housing Bank

NIA

New India Assurance Company Ltd.

NII

Net Interest Income

NIM

Net Interest Margin

NOF

Net Owned Fund

NOFHC

Non-Operative Financial Holding Company

NPA

Non-Performing Asset

NPCI

National Payments Corporation of India

NPLs

Non-Performing Loans

NRE

Non-Resident (External)

NRI

Non-Resident Indian

NRLM

National Rural Livelihood Mission

OBS

Off-Balance Sheet

OFIs

Other Financial Intermediaries

OIC

Oriental Insurance Company Ltd.

OMT

Outright Monetary Transactions

ORM

Operational Risk Management

OSMOS

Off-Site Monitoring and Surveillance System

OTC

Over the Counter

PACS

Primary Agricultural Credit Society

PAT

Profit After Tax

PBT

Profit Before Tax

PCARDB

Primary Co-operative Agriculture and Rural Development Bank

PCR

Provisioning Coverage Ratio

PD

Primary Dealer

PDO – NDS

Public Debt Office - Negotiated Dealing System

PFRDA

Pension Fund Regulatory and Development Authority

PLR

Prime Lending Rate

PoS

Point of Sale

PSB

Public Sector Bank

QE

Quantitative Easing

QIS

Quantitative Impact Study

RBS

Risk-Based Supervision

RCS

Registrar of Co-operative Societies

RDDBFI

Recovery of Debts Due to Banks and Financial Institutions

RGG

Returns Governance Group

RNBC

Residuary Non-Banking Company

RoA

Return on Assets

RoE

Return on Equity

RoAA

Return on Average Assets

RoNW

Return on Net Worth

RRB

Regional Rural Bank

RTGS

Real Time Gross Settlement System

RWAs

Risk-Weighted Assets

SARFAESI

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest

SBI

State Bank of India

SC

Scheduled Caste

SCARDB

State Co-operative Agriculture and Rural Development Bank

SCB

Scheduled Commercial Bank

SCs/RCs

Securitisation Companies/ Reconstruction Companies

SEBI

Securities and Exchange Board of India

SGSY

Swarnajayanti Gram Swarojgar Yojana

SHG

Self-Help Group

SIDBI

Small Industries Development Bank of India

SIFI

Systemically Important Financial Institution

SLBC

State Level Bankers’ Committee

SLR

Statutory Liquidity Ratio

SME

Small and Medium Enterprise

SRs

Security Receipts

ST

Scheduled Tribe

StCB

State Co-operative Bank

STCCS

Short-Term Co-operative Credit Structure

T-Bills

Treasury Bills

TCF

Treating Customers Fairly

TFCI

Tourism Finance Corporation of India Ltd.

TRs

Trade Repositories

TSA

The Standardised Approach

UCB

Urban Co-operative Bank

UIIC

United India Insurance Company Ltd.

UTI

Unit Trust of India

VaR

Value at Risk

WAC

Weighted Average Cost

WAM

Weighted Average Maturity

WEO

World Economic Outlook

WG

Working Group

WMP

Wealth Management Product

WOS

Wholly Owned Subsidiary

WPI

Wholesale Price Index

XML

Extensible Mark-up Language