| AA |
Account Aggregator |
| ACC |
Asian Consultative Council |
| ACU |
Asian Currency Union |
| AD |
Authorised Dealer/Additional Director |
| AD Cat-I |
Authorised Dealer Category-I |
| ADF |
Asset Development Fund |
| AED |
(United) Arab Emirates Dirham |
| AEs |
Advanced Economies |
| AePS |
Aadhaar Enabled Payment System |
| AFA |
Additional Factor of Authentication |
| AFS |
Available for Sale |
| AI |
Artificial Intelligence |
| AIFs |
Alternative Investment Funds |
| AIFIs |
All India Financial Institutions |
| AMFI |
Association of Mutual Funds in India |
| AML |
Anti-Money Laundering |
| AML-CFT |
Anti-Money Laundering-Combating the Financing of Terrorism |
| AMRMS |
Audit Management and Risk Monitoring System |
| AMS |
Audit Management System |
| ANBC |
Adjusted Net Bank Credit |
| AO |
Auditee Office |
| AP |
Authorised Person |
| APBS |
Aadhaar Payment Bridge System |
| API |
Application Programming Interface |
| ARCs |
Asset Reconstruction Companies |
| AREAER |
Annual Report on Exchange Arrangements and Exchange Restrictions |
| ARMS |
Audit and Risk Management Sub-Committee |
| ASISO |
Automated Sweep-in and Sweep-out |
| ASTRA |
Advanced Security Threat and Risk Assessment |
| ATBs |
Auction Treasury Bills |
| ATM |
Automated Teller Machine |
| AUM |
Assets Under Management |
| BBAs |
Bilateral Borrowing Agreements |
| BBPOUs |
Bharat Bill Payment Operating Units |
| BBPS |
Bharat Bill Payment System |
| BCs |
Business Correspondents |
| BCBS |
Basel Committee on Banking Supervision |
| BC-ICT |
Business Correspondents -Information and Communication Technology |
| BCM |
Business Continuity Management |
| BCP |
Business Continuity Plan |
| BE |
Budget Estimates |
| BESS |
Battery Energy Storage Systems |
| BFS |
Board for Financial Supervision |
| BFSI |
Banking, Financial Services and Insurance |
| BG |
Bank Guarantee |
| BHIM |
Bharat Interface for Money |
| BIC |
Business Indicator Component |
| BIS |
Bank for International Settlements/Bureau of Indian Standards |
| BoE |
Bank of England |
| BoG |
Board of Governors |
| BoJ |
Bank of Japan |
| BoP |
Balance of Payments |
| bps |
Basis Points |
| BPSS |
Board for Regulation and Supervision of Payment and Settlement Systems |
| BQR |
Bharat Quick Response |
| BRBNMPL |
Bharatiya Reserve Bank Note Mudran Private Limited |
| BRICS |
Brazil, Russia, India, China and South Africa |
| BSBDA |
Basic Savings Bank Deposit Account |
| B-SC |
Building Sub-Committee |
| BSR |
Basic Statistical Return |
| CA |
Concurrent Audit |
| CAB |
College of Agricultural Banking |
| CAD |
Current Account Deficit |
| CAFRAL |
Centre for Advanced Financial Research and Learning |
| CaMS |
Case Management System |
| CBDC |
Central Bank Digital Currency |
| CBDC-R |
Central Bank Digital Currency-Retail |
| CBDC-W |
Central Bank Digital Currency-Wholesale |
| CBGN |
Central Bank Governance Network |
| CBIA |
Central Banks’ Internal Auditors |
| CBP |
Capacity Building Programme |
| CBSL |
Central Bank of Sri Lanka |
| CBUAE |
Central Bank of the United Arab Emirates |
| CCB |
Committee of the Central Board |
| CCIL |
Clearing Corporation of India Limited |
| CCIR |
Comprehensive Credit Information Repository |
| CCP |
Central Counterparty |
| CCPI |
Climate Change Performance Index |
| CCS |
Consumer Confidence Survey |
| CCTS |
Carbon Credit and Trading Scheme |
| CDBMS |
Centralised Database Management System |
| CDs |
Certificates of Deposit |
| CD |
Credit to Deposit |
| CEO |
Chief Executive Officer |
| CEOBE |
Credit Equivalent of Off-Balance Sheet Exposure |
| CEPD |
Consumer Education and Protection Department |
| CERT-IN |
Computer Emergency Response Team - India |
| CFLs |
Centres for Financial Literacy |
| CGFS |
Committee on the Global Financial System |
| CGTMSE |
Credit Guarantee Fund Trust for Micro and Small Enterprises |
| CiC |
Currency in Circulation |
| CICs |
Credit Information Companies |
| CII |
Critical Information Infrastructure |
| CIMS |
Centralised Information Management System |
| CIs |
Credit Institutions |
| CMBs |
Cash Management Bills |
| CMIE |
Centre for Monitoring Indian Economy |
| CMS |
Complaint Management System |
| CODs |
Central Office Departments |
| CoFT |
Card-on-File Tokenisation |
| COR |
Certificate of Registration |
| CoS |
College of Supervisors |
| COSO |
Committee of Sponsoring Organisations |
| CPF |
Counter Proliferation Financing |
| CPFIR |
Central Payments Fraud Information Registry |
| CPHS |
Consumer Pyramids Household Survey |
| CPI |
Consumer Price Index |
| CPI-AL |
CPI for Agricultural Labourers |
| CPI-IW |
CPI for Industrial Workers |
| CPI-RL |
CPI for Rural Labourers |
| CPs |
Commercial Papers |
| CPS |
Centralised Payment System |
| CRA |
Contingent Reserve Arrangement |
| CRAR |
Capital to Risk-Weighted Assets Ratio |
| CRDC |
Currency Research and Development Centre |
| CRILC |
Central Repository of Information on Large Credits |
| CRR |
Cash Reserve Ratio |
| CSAA |
Control Self-Assessment Audit |
| CSAP |
Cyber Security Augmentation Plan |
| CSBD |
Corporate Strategy and Budget Department |
| CSF |
Consolidated Sinking Fund |
| CSGL |
Constituent Subsidiary General Ledger |
| CSP |
Cloud Service Provider |
| CSS |
Centrally Sponsored Scheme |
| CTS |
Cheque Truncation System |
| CU |
Capacity Utilisation |
| CUG |
Closed User Group |
| CVO |
Chief Vigilance Officer |
| CwP |
Currency with the Public |
| DAP |
Diammonium Phosphate |
| DBIE |
Database on Indian Economy |
| DCCBs |
District Central Cooperative Banks |
| DCW |
Development Centre Workshop |
| DDs |
Demand Drafts |
| DEAF |
Depositor Education Awareness Fund |
| DEIO |
Department of External Investments and Operations |
| DEPR |
Department of Economic and Policy Research |
| DevSecOps |
Development, Security and Operations |
| DGBA |
Department of Government and Bank Accounts |
| DGF |
Data Governance Framework |
| DGFT |
Directorate General of Foreign Trade |
| DICGC |
Deposit Insurance and Credit Guarantee Corporation |
| DIF |
Deposit Insurance Fund |
| DIS |
Deposit Insurance System |
| DISCOM |
Distribution Companies |
| DIT |
Department of Information Technology |
| DLG |
Default Loss Guarantee |
| DLT |
Distributed Ledger Technology |
| DoC |
Department of Communication |
| DoR |
Department of Regulation |
| DoS |
Department of Supervision |
| DPI |
Digital Payments Index/Digital Public Infrastructure |
| DPSS |
Department of Payment and Settlement Systems |
| DQE |
Data Query Engine |
| DQI |
Data Quality Index |
| DR |
Disaster Recovery |
| DRaaS |
Data Recovery as a Service |
| DSIM |
Department of Statistics and Information Management |
| e-BAAT |
Electronic Banking Awareness and Training |
| EBITDA |
Earnings Before Interest, Taxes, Depreciation and Amortisation |
| EBLR |
External Benchmark-based Lending Rate |
| EBR |
Element Based Repository |
| ECB |
European Central Bank |
| ECBs |
External Commercial Borrowings |
| ECCTI |
Enterprise Computing and Cybersecurity Training Institute |
| ECL |
Expected Credit Loss |
| ECLGS |
Emergency Credit Line Guarantee Scheme |
| ECS |
Electronic Clearing Service |
| EDC |
Executive Directors’ Committee |
| EDDPE |
Expanding and Deepening of Digital Payment Ecosystem |
| EFD |
Enforcement Department |
| EFI |
External Funded Institutions |
| EGRC |
Enterprise Governance Risk and Compliance |
| EI |
Emotional Intelligence |
| EKP |
Enterprise Knowledge Portal |
| EMDEs |
Emerging Market and Developing Economies |
| EMEs |
Emerging Market Economies |
| EMIs |
Equated Monthly Instalments |
| EoI |
Expression of Interest |
| ERM |
Enterprise-wide Risk Management |
| e₹ |
Digital Rupee |
| e₹-R |
Digital Rupee - Retail |
| e₹-W |
Digital Rupee - Wholesale |
| ESG |
Environmental, Social and Governance |
| ETCD |
Exchange Traded Currency Derivatives |
| ETP |
Electronic Trading Platform |
| EU |
European Union |
| EWS |
Early Warning Signals/ Economically Weaker Section |
| FACT |
Financial Awareness and Consumer Training |
| FAE |
First Advance Estimates |
| FAR |
Fully Accessible Route |
| FATF |
Financial Action Task Force |
| FBIL |
Financial Benchmarks India Private Limited |
| FBs |
Foreign Banks |
| FC |
Finance Commission/Financial Conglomerate |
| FCA |
Foreign Currency Assets |
| FCB |
Foreign Central Banks |
| FCNR(B) |
Foreign Currency Non-Resident Account (Bank) |
| FCRA |
Foreign Currency (Regulation) Act |
| FCY |
Foreign Currency |
| FDI |
Foreign Direct Investment |
| FE |
Final Estimates |
| FED |
Foreign Exchange Department |
| FEMA |
Foreign Exchange Management Act |
| FEPA |
Financial Education Programme for Adults |
| FER |
Foreign Exchange Reserves |
| FETP |
Financial Education Training Programme |
| FFMCs |
Full-Fledged Money Changers |
| FI |
Financial Information |
| FIAP |
Financial Inclusion Action Plan |
| FICNs |
Fake Indian Currency Notes |
| FIDD |
Financial Inclusion and Development Department |
| FIF |
Financial Inclusion Fund |
| FI-Index |
Financial Inclusion Index |
| FIMMDA |
Fixed Income Money Market and Derivatives Association of India |
| FinTech |
Financial Technology |
| FIP |
Financial Inclusion Plan/ Financial Information Provider |
| FIs |
Financial Intermediaries/ Financial Institutions |
| FIRRI |
Framework for Identification and Reporting of Risk Incidents |
| FLW |
Financial Literacy Week |
| FMCBG |
Finance Ministers and Central Bank Governors |
| FMOD |
Financial Markets Operations Department |
| FMRD |
Financial Markets Regulation Department |
| Forex/FX |
Foreign Exchange |
| FPI |
Foreign Portfolio Investment |
| FPOs |
Follow-on Public Offers |
| FPS |
Fast Payment Systems |
| FRMS |
Fraud Risk Management System |
| FRRR |
Fixed Rate Reverse Repo |
| FRSB |
Floating Rate Savings Bond |
| FSAP |
Financial Sector Assessment Programme |
| FSB |
Financial Stability Board |
| FSD |
Financial Stability Department |
| FSDC |
Financial Stability and Development Council |
| FSDC-SC |
Financial Stability and Development Council - Sub-Committee |
| FSI |
Financial Sector Issues |
| FSR |
Financial Stability Report |
| FSRs |
Financial Sector Regulators |
| FSWM |
Financially Sound and Well Managed |
| FUs |
Factoring Units |
| FVTPL |
Fair Value through Profit and Loss Account |
| FWG |
Framework Working Group |
| G20 |
Group of Twenty |
| GCCs |
General Credit Cards |
| GCF |
Gross Capital Formation |
| GCM |
Governance and Compliance Manager |
| GDP |
Gross Domestic Product |
| GeM |
Government e-Marketplace |
| GFCE |
Government Final Consumption Expenditure |
| GFCF |
Gross Fixed Capital Formation |
| GFD |
Gross Fiscal Deficit |
| GFIN |
Global Financial Innovation Network |
| GFSN |
Global Financial Safety Net |
| GIFT-City |
Gujarat International Finance Tec-City |
| GNDI |
Gross National Disposable Income |
| GNPA |
Gross Non-Performing Asset |
| GoI |
Government of India |
| GPFI |
Global Partnership for Financial Inclusion |
| GREEN |
Generation of Renewable Energy, Energy Conservation and Neer Conservation |
| GRF |
Guarantee Redemption Fund |
| GRIHA |
Green Rating for Integrated Habitat Assessment |
| GRQ |
General Review of Quotas |
| GSCPI |
Global Supply Chain Pressure Index |
| GSDP |
Gross State Domestic Product |
| G-secs |
Government Securities |
| GST |
Goods and Services Taxes |
| GVA |
Gross Value Added |
| GVCs |
Global Value Chains |
| GW |
Gigawatt |
| HFCs |
Housing Finance Companies |
| HFIs |
High Frequency Indicators |
| HFT |
Held for Trading |
| HI |
Hearing Impaired |
| HRMD |
Human Resource Management Department |
| HRM-SC |
Human Resource Management Sub-Committee |
| HS |
Harmonised System |
| HTM |
Held to Maturity |
| IA |
Internal Audit |
| IaaS |
Infrastructure as a Service |
| IAM |
Identity and Access Management |
| IBA |
Indian Banks’ Association |
| IBCC |
Indian Banking Community Cloud |
| IBU |
IFSC Banking Unit |
| ICC |
International Cricket Council |
| ICRIER |
Indian Council for Research on International Economic Relations |
| ICT |
Information and Communication Technology |
| I-CRR |
Incremental Cash Reserve Ratio |
| ID |
International Department |
| IDF |
Infrastructure Debt Fund |
| IDG |
Inter Departmental Group |
| IDMD |
Internal Debt Management Department |
| IDR |
Indonesian Rupiah |
| IFA |
International Financial Architecture |
| IFA WG |
International Financial Architecture Working Group |
| IFMIS |
Integrated Financial Management and Information System |
| IFR |
Investment Fluctuation Reserve |
| IFSC |
Indian Financial System Code |
| IFSCA |
International Financial Services Centres Authority |
| IFTAS |
Indian Financial Technology and Allied Services |
| IGAS |
Indian Government Accounting Standards |
| IGBs |
Indian Government Bonds |
| IGBC |
Indian Green Building Council |
| IGIDR |
Indira Gandhi Institute of Development Research |
| IGR |
Internal Grievance Redress |
| IIBM |
Indian Institute of Bank Management |
| IIBX |
India International Bullion Exchange |
| IIP |
Index of Industrial Production |
| ILM |
Internal Loss Multiplier |
| IMD |
India Meteorological Department |
| IMEs |
Informal Micro Enterprises |
| IMF |
International Monetary Fund |
| IMFC |
International Monetary and Financial Committee |
| IMPS |
Immediate Payment Service |
| IMT |
Instant Money Transfer |
| INB |
Internet Banking |
| InFiNet |
Indian Financial Network |
| INR |
Indian Rupee |
| IO |
Internal Ombudsman |
| IOs |
International Organisations |
| IoRS |
Inter-Operable Regulatory Sandbox |
| IPCs |
Irrevocable Payment Commitments |
| IPO |
Initial Public Offering |
| IPP |
Instant Payment Platform |
| IRA |
Investment Revaluation Accounts |
| IRACP |
Income Recognition, Asset Classification and Provisioning |
| IRD |
Interest Rate Derivatives |
| IRF |
Inter-Regulatory Forum |
| IRS |
Interest Rate Swap |
| IS |
Information Systems |
| ISPI |
Index of Supply Chain Pressures for India |
| IT |
Information Technology |
| ITeS |
IT-enabled Services |
| IT-SC |
Information Technology Sub-Committee |
| ITBs |
Intermediate Treasury Bills |
| ITC |
Indian Trade Classification |
| IWG |
Internal Working Group |
| JTCC |
Joint Technical Coordination Committee |
| KCC |
Kisan Credit Card |
| KLEMS |
Capital(K), Labour(L), Energy(E), Material(M) and Services(S) |
| KRIs |
Key Risk Indicators |
| kWp |
Kilowatt Peak |
| KYC |
Know Your Customer |
| LABs |
Local Area Banks |
| LAES |
Liquidity Adjusted Expected Shortfall |
| LAF |
Liquidity Adjustment Facility |
| LC |
Letter of Credit |
| LCR |
Liquidity Coverage Ratio |
| LCS |
Local Currency Settlement |
| LCSS |
Local Currency Settlement System |
| LEI |
Legal Entity Identifier |
| LFPR |
Labour Force Participation Rate |
| LIBOR |
London Inter-Bank Offered Rate |
| LPA |
Long Period Average |
| LPG |
Liquefied Petroleum Gas |
| LSF |
Late Submission Fee |
| LSP |
Lending Service Provider |
| M3 |
Money Supply |
| MANI |
Mobile Aided Note Identifier |
| MAS |
Monetary Authority of Singapore |
| MCA |
Ministry of Corporate Affairs |
| MCLR |
Marginal Cost of Funds-based Lending Rate |
| MCV |
Mobile Coin Van |
| MD |
Master Direction/Managing Director |
| MDM |
Mobile Device Management |
| MGNREGS |
Mahatma Gandhi National Rural Employment Guarantee Scheme |
| MIBOR |
Mumbai Interbank Offered Rate |
| MIFOR |
Mumbai Interbank Forward Outright Rate |
| MMIFOR |
Modified MIFOR |
| MIS |
Management Information System |
| ML |
Machine Learning |
| MM |
Money Multiplier |
| MNBCs |
Miscellaneous Non-Banking Companies |
| MoE |
Memorandum of Error |
| MoF |
Ministry of Finance |
| MoSPI |
Ministry of Statistics and Programme Implementation |
| MoU |
Memorandum of Understanding |
| MPC |
Monetary Policy Committee |
| MSF |
Marginal Standing Facility |
| MSMEs |
Micro, Small and Medium Enterprises |
| MSP |
Minimum Support Price |
| MTF |
Medium Term Framework |
| MTSS |
Money Transfer Service Scheme |
| NAB |
New Agreements to Borrow |
| NABARD |
National Bank for Agriculture and Rural Development |
| NACH |
National Automated Clearing House |
| NAMCABS |
National Mission for Capacity Building of Bankers for Financing MSME Sector |
| NBBL |
NPCI Bharat BillPay Limited |
| NBFC |
Non-Banking Financial Company |
| NBFIs |
Non-Banking Financial Institutions |
| NCCDs |
Non-Centrally Cleared Derivatives |
| NCDs |
Non-Convertible Debentures |
| NCFE |
National Centre for Financial Education |
| NCIIPC |
National Critical Information Infrastructure Protection Centre |
| NDA |
Net Domestic Assets |
| NDDC |
Non-Deliverable Derivative Contract |
| NDI |
Non-Debt Instrument |
| NDLD |
New Delhi Leaders’ Declaration |
| NDTL |
Net Demand and Time Liabilities |
| NER |
North Eastern Region |
| NEER |
Nominal Effective Exchange Rate |
| NEFT |
National Electronic Funds Transfer |
| NETC |
National Electronic Toll Collection |
| NFA |
Net Foreign Assets |
| NFC |
Non-Food Credit/Near Field Communication |
| NGCH |
National Grid Clearing House |
| NGSOC |
Next Generation Security Operation Centre |
| NGTA |
Next Generation Treasury Application |
| NHB |
National Housing Bank |
| NIAP |
Nationwide Intensive Awareness Programme |
| NIBM |
National Institute of Bank Management |
| NIM |
Net Interest Margin |
| NIPL |
NPCI International Private Limited |
| NIST |
National Institute of Standards and Technology |
| NLP |
Natural Language Processing |
| NNML |
Net Non-Monetary Liabilities |
| NPA |
Non-Performing Assets |
| NPCI |
National Payments Corporation of India |
| NPI |
National Payments Interface |
| NQM |
National Quantum Mission |
| NRB |
Nepal Rastra Bank |
| NRC |
Nomination and Remuneration Committee |
| NRE |
Non-Resident (External) |
| NRF |
National Research Foundation |
| NRIs |
Non-Resident Indians |
| NRO |
Non-Resident Ordinary |
| NSDL |
National Securities Depository Limited |
| NSFE |
National Strategy for Financial Education |
| NSFI |
National Strategy for Financial Inclusion |
| NSMs |
Note Sorting Machines |
| NSO |
National Statistical Office |
| NSSF |
National Small Savings Fund |
| NUCFDC |
National Urban Cooperative Finance and Development Corporation Limited |
| OBC |
Other Backward Classes |
| OBICUS |
Order Books, Inventories and Capacity Utilisation Survey |
| OD |
Overdraft |
| OECD |
Organisation for Economic Co-operation and Development |
| OH |
Orthopedically Handicapped |
| OI |
Overseas Investment |
| OID |
Overseas Investment Division |
| OIS |
Overnight Index Swap |
| OLTAS |
Online Tax Accounting System |
| OMO |
Open Market Operation |
| OoH |
Out-of-Home |
| OPEC |
Organisation of Petroleum Exporting Countries |
| ORBIOs |
Offices of the Reserve Bank of India Ombudsmen |
| OTC |
Over the Counter |
| OTP |
One-time Password |
| PAs |
Payment Aggregators |
| PaaS |
Platform as a Service |
| PACs |
Public Awareness Campaigns |
| PADO |
Public Administration, Defence and Other Services |
| PAN |
Permanent Account Number |
| PBs |
Payments Banks |
| PCA |
Prompt Corrective Action |
| PDs |
Primary Dealers |
| PDS |
Public Distribution System |
| PFCE |
Private Final Consumption Expenditure |
| PFMIs |
Principles for Financial Market Infrastructure |
| PFMS |
Public Financial Management System |
| PIDF |
Payments Infrastructure Development Fund |
| PLFS |
Periodic Labour Force Survey |
| PLI |
Production-Linked Incentive |
| PMGKAY |
Pradhan Mantri Garib Kalyan Anna Yojana |
| PML |
Prevention of Money Laundering |
| PMUY |
Pradhan Mantri Ujjwala Yojana |
| POL |
Petroleum, Oil and Lubricants |
| POs |
Payment Orders |
| PoS |
Point of Sale |
| PPAC |
Petroleum Planning and Analysis Cell |
| PPIs |
Prepaid Payment Instruments |
| PPP |
Public Private Partnership |
| PRAVAAH |
Platform for Regulatory Application, Validation and AutHorisation |
| PROI |
Persons Resident Outside India |
| PSBs |
Public Sector Banks |
| PSL |
Priority Sector Lending |
| PSLCs |
Priority Sector Lending Certificates |
| PSOs |
Payment System Operators |
| PSS |
Payment and Settlement Systems |
| PSUs |
Public Sector Undertakings |
| PTPFC |
Public Tech Platform for Frictionless Credit |
| P2M |
Person-to-Merchant |
| P2P |
Person-to-Person |
| PVBs |
Private Banks |
| PwBD |
Persons with Benchmark Disabilities |
| QIP |
Qualified Institutional Placement |
| QR |
Quick Response |
| QT |
Quantum Technology |
| RASCI |
Responsible, Accountable, Supporting, Consulted and Informed |
| RBI |
Reserve Bank of India |
| RBIA |
Risk-Based Internal Audit |
| RBI EPF |
Reserve Bank of India Employees’ Provident Fund |
| RBIH |
Reserve Bank Innovation Hub |
| RB-IOS |
Reserve Bank-Integrated Ombudsman Scheme |
| RBSC |
Reserve Bank Staff College |
| RCA |
Root Cause Analysis |
| RCCS |
Rural Consumer Confidence Survey |
| R&D |
Research and Development |
| RDA |
Rupee Drawing Arrangement |
| RDBs |
Rupee Denominated Bonds |
| ReBIT |
Reserve Bank Information Technology Private Limited |
| RE |
Revised Estimates |
| REs |
Regulated Entities |
| REEs |
Rare Earth Elements |
| RFA |
Red Flagging of Accounts |
| RFID |
Radio Frequency Identification |
| RFP |
Request for Proposal |
| RM |
Reserve Money |
| RMAB |
Royal Monetary Authority of Bhutan |
| RMC |
Risk Monitoring Committee |
| RMD |
Risk Monitoring Department |
| ROs |
Regional Offices |
| RoA |
Return on Assets |
| RoE |
Return on Equity |
| RPO |
Recovery Point Objective |
| RR |
Risk Register |
| RRBs |
Regional Rural Banks |
| RS |
Regulatory Sandbox |
| RTGS |
Real Time Gross Settlement |
| RTI |
Right to Information |
| RTL |
Risk Tolerance Limits |
| RTO |
Recovery Time Objective |
| SAF |
Supervisory Action Framework |
| SAKAR |
Supervisory Assessment of KYC/ AML Risks |
| SAs |
Statutory Auditors |
| SAS |
Statistical Analytics System |
| SAAR |
Seasonally Adjusted Annualised (Growth) Rate |
| SAARC |
South Asian Association of Regional Cooperation |
| SAMWAD |
Secure Audio-video Meetings with Advanced Devices |
| SARFAESI |
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest |
| SATARC |
Security Automation, Threat Analysis and Response Centre |
| SBE |
Scale-Based Enforcement |
| SBS |
Shredding and Briquetting Systems |
| SCBs |
Scheduled Commercial Banks |
| SDF |
Special Drawing Facility/ Standing Deposit Facility |
| SDMX |
Statistical Data and Metadata Exchange |
| SDRs |
Special Drawing Rights |
| SD-WAN |
Software Defined-Wide Area Network |
| SEs |
Supervised Entities |
| SEACEN |
South East Asian Central Banks |
| SFBs |
Small Finance Banks |
| SFDB |
SAARCFINANCE Database |
| SFMS |
Structured Financial Messaging System |
| SFMS MI |
SFMS Member Interface |
| SFTP |
Secure File Transfer Protocol |
| SFWG |
Sustainable Finance Working Group |
| SGB |
Sovereign Gold Bond |
| SGL |
Subsidiary General Ledger |
| SGrBs |
Sovereign Green Bonds |
| SGSs |
State Government Securities |
| SHGs |
Self-Help Groups |
| SIP |
Systematic Investment Plan |
| SLBC |
State Level Bankers’ Committee |
| SLCC |
State Level Coordination Committee |
| SLR |
Statutory Liquidity Ratio/Sri Lankan Rupee |
| SLS |
State Linked Schemes |
| SMCC |
Social Media Command Centre |
| SMEs |
Small and Medium Enterprises |
| SMS |
Short Messaging Service |
| SNA |
Single Nodal Agency |
| SNA-SPARSH |
Single Nodal Agency -Samayochit Pranali Akikrut Sheeghra Hastantaran |
| SNRR |
Special Non-Resident Rupee |
| SOC |
Security Operations Centre |
| SOP |
Standard Operating Procedure |
| SPDs |
Standalone Primary Dealers |
| SPECTRA |
Software Platform for External Commercial Borrowings and Trade Credits Reporting and Approval |
| SPMCIL |
Security Printing and Minting Corporation of India Limited |
| SRO |
Self-Regulatory Organisation |
| SRVA |
Special Rupee Vostro Account |
| S-SC |
Strategy Sub-Committee |
| SSO |
Single Sign-On |
| S-SOC |
Sectoral Security Operations Centre |
| SSCI |
Services Sector Composite Index |
| ST |
Scheduled Tribe |
| STC |
Short-term Trade Credit |
| StCBs |
State Cooperative Banks |
| SWIFT |
Society for Worldwide Interbank Financial Telecommunication |
| SWM |
South-West Monsoon |
| TAT |
Turn-Around Time |
| T-Bills |
Treasury Bills |
| TEs |
Training Establishments |
| TGFIFL |
Technical Group on Financial Inclusion and Financial Literacy |
| TIN |
Tax Information Network |
| TOT |
Toll-Operate-Transfer |
| TPS |
Transactions Per Second |
| TRs |
Trade Repositories |
| TReDS |
Trade Receivables Discounting System |
| TSCAs |
Time-Sensitive Critical Activities |
| UAP |
Udyam Assist Platform |
| UCBs |
Urban Cooperative Banks |
| UDAY |
Ujjwal DISCOM Assurance Yojana |
| UDCH |
User Defined Customer Hierarchy |
| UI/UX |
User Interface/User Experience |
| UK |
United Kingdom |
| UN |
United Nations |
| UO |
Umbrella Organisation |
| UPI |
Unified Payment Interface |
| URC |
Udyam Registration Certificate |
| USA |
United States of America |
| USD |
US Dollar |
| UTs |
Union Territories |
| UTI |
Unique Transaction Identifier |
| UTLBCs |
Union Territory Level Bankers’ Committees |
| VAPT |
Vulnerability Assessment and Penetration Testing |
| VAaaS |
Vulnerability Assessment as a Service |
| VC |
Video Conferencing |
| VFT |
Value Free Transfers |
| VGF |
Viability Gap Funding |
| VOICE |
Voicing Opinion to Inspire, Contribute, and Excel |
| VRR |
Variable Rate Repo/Voluntary Retention Route |
| VRRR |
Variable Rate Reverse Repo |
| WACR |
Weighted Average Call Rate |
| WADTDR |
Weighted Average Domestic Term Deposit Rate |
| WAFaaS |
Web Application Firewall as a Service |
| WALR |
Weighted Average Lending Rate |
| WAM |
Weighted Average Maturity |
| WAS |
Weighted Average Spread |
| WAY |
Weighted Average Yield |
| WB |
World Bank |
| WEO |
World Economic Outlook |
| WG |
Working Group |
| WLA |
White Label ATM |
| WLAOs |
White Label ATM Operators |
| WMA |
Ways and Means Advances |
| WPI |
Wholesale Price Index |
| WPR |
Worker Population Ratio |
| WTO |
World Trade Organisation |
| XBRL |
eXtensible Business Reporting Language |
| XML |
eXtensible Markup Language |
| ZIs |
Zonal Inspectorates |
| ZTCs |
Zonal Training Centres |
IST,
