ABS |
Asset Backed Securities |
ACH |
Automatic Clearing House |
AACS |
As Applicable to Cooperative Societies |
AD |
Authorised Dealer |
ADR |
American Depository Receipt |
AEBC |
American Express Banking Corporation |
AEBL |
American Express Bank Limited |
AFC |
Asset Finance Companies |
AFS |
Available For Sale |
AICCCA |
Association of Independent Consumer Credit Counselling Agencies |
AIFI |
All-India Financial Institution |
ALD |
Aggregate Liability to Depositors |
ALM |
Asset-Liability Management |
AMC |
Asset Management Company |
AML |
Anti-Money Laundering |
ANBC |
Adjusted Net Bank Credit |
APRACA |
Asia Pacific Regional Agricultural Credit Association |
ARC |
Asset Reconstruction Company |
ARCIL |
Asset Reconstruction Company (India) Ltd. |
ASIC |
Australian Securities & Investment Commission |
ATM |
Automated Teller Machine |
BC |
Business Correspondence |
BCBS |
Basel Committee on Banking Supervision |
BCP |
Business Continuity Planning Process |
BCP |
Basel Core Principles |
BCSBI |
Banking Codes and Standards Boards of India |
BF |
Banking Facilitator |
BFS |
Board for Financial Supervision |
BIA |
Basic Indicator Approach |
BIFR |
Board for Industrial and Financial Reconstruction |
BIS |
Bank for International Settlements |
BLA |
Bond Ledger Account |
BO |
Banking Ombudsman |
BoP |
Balance of Payments |
BOS |
Banking Ombudsman Scheme |
BPLR |
Benchmark Prime Lending Rate |
BPSS |
Board for Payment and Settlement Systems |
BSC |
Balanced Scorecard |
BSE |
Bombay Stock Exchange Ltd. |
BSR |
Basic Statistical Return |
CALCS |
Capital Adequacy, Asset Quality, Liquidity, Compliance and System |
CAMELS |
Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems and Control |
CAR |
Capacity Assessment Rating |
CAS |
Common Accounting System |
CASA |
Current & Saving Accounts |
CBLO |
Collateralised Borrowing and Lending Obligation |
CBS |
Core Banking Solutions |
CBS |
Corporate Bond Spreads |
CCCS |
Consumer Credit Counselling Service |
CCDM |
Credit Counselling and Debt Management |
CCF |
Credit Conversion Factors |
CCIL |
Clearing Corporation of India Ltd. |
CCP |
Central Counter Party |
CCP |
Cheque Clearing Policy |
CCR |
Counterfeit Currency Report |
CCTV |
Closed Circuit Television |
CD |
Certificate of Deposit |
CDBMS |
Central Data-base Management System |
CDBS |
Committee of Direction on Banking Statistics |
CDF |
Cooperative Development Fund |
CDO |
Collateral Debt Obligations |
CDR |
Corporate Debt Restructuring |
CDRM |
Corporate Debt Restructuring Mechanism |
CDS |
Credit Default Swaps |
CEM |
Current Exposure Method |
CEO |
Chief Executive Officer |
CEOBSE |
Credit Equivalent Amount Off-Balance Sheet Exposure |
CFCAC |
Committee on Fuller Capital Account Convertibility |
CFMS |
Centralised Funds Management System |
CFS |
Consolidated Financial Statements |
CFSA |
Committee on Financial Sector Assessment |
CFSP |
Committee on Financial Sector Plan |
CFSR |
Committee on Financial Sector Reforms |
CFT |
Combating Financing of Terrorism |
CGF |
Credit Guarantee Fund |
CGTMSE |
Credit Guarantee Trust and Micro and Small Enterprises |
CGTSI |
Credit Guarantee Trust for Small Industries |
CIBIL |
Credit Information Bureau of India Limited |
CIC |
Credit Information Company |
CIT |
Cash-in-Transit |
CLCC |
Central Labour Co-ordination Committee |
CLCSS |
Credit Linked Capital Subsidy Scheme |
CLF |
Collateralised Lending Facility |
CMA |
Credit Monitoring Arrangements |
CMP |
Conflict Management Policy |
COBIT |
Control Objectives for Information and related Technology |
CoR |
Certificate of Registration |
CP |
Commercial Paper |
CPE |
Customer Premises Equipment |
CPADS |
Centralised Public Accounts Department System |
CPC |
Cheque Processing Centre |
CPD |
Collateralised debt obligation |
CPI |
Consumer Price Index |
CPOS |
Central Point of Supervision |
CPGRAMS |
Public Grievances Redress and Monitoring System |
CPPAPS |
Committee on Procedures and Performance Audit on Public Services |
CPSS |
Committee on Payment and Settlement System |
CRAR |
Capital to Risk-Weighted Assets Ratio |
CRCS |
Central Registrar of Cooperative Societies |
CRE |
Commercial Real Estate |
CRISIL |
Credit Rating Information Services of India Limited |
CRM |
Customer Relationship Management |
CRR |
Cash Reserve Ratio |
CSA |
Cooperative Societies Act |
CSC |
Common Service Centres |
CSD |
Customer Service Department |
CSGL |
Constituent Subsidiary General Ledger |
CSO |
Central Statistical Organisation |
CSR |
Corporate Social Responsibilsity |
CTR |
Cash Transaction Report |
CTS |
Cheque Truncation System |
CVC |
Central Vigilance Commission |
D&B |
Dun & Bradstreet Information Services India (P) Ltd. |
DARPG |
Department of Administrative Reforms and Public Grievances |
DAPs |
Development Action Plans |
DCC |
District Consultative Committee |
DCC |
District Coordination Committee |
DCCB |
District Central Cooperative Banks |
DCRR |
Department for Cooperative Revival and Reforms |
DER |
Debt Equity Ratio |
DFI |
Development Finance Institution |
DICGC |
Deposit Insurance and Credit Guarantee Corporation |
DLIC |
District Level Implementation Committee |
DLIC |
District Level Implementation and Monitoring Committee |
DMA |
Direct Marketing Agent |
DNSS |
Deferred Net Settlement Systems |
DoT |
Department of Telecommunications |
DPSS |
Department of Payment and Settlement Systems |
DR |
Disaster Recovery |
DRI |
Differential Rate of Interest |
DRIP |
District Rural Industries Project |
DRT |
Debt Recovery Tribunal |
DSA |
Direct Sales Agent |
DTA |
Deferred Tax Asset |
DTL |
Demand and Time Liability |
DTL |
Differed Tax Liability |
DvP |
Delivery versus Payment |
EaR |
Earnings at Risk |
EBR |
Export Bills Rediscounted |
EBT |
Electronic Benefit Transfer |
ECB |
External Commercial Borrowing |
ECGC |
Export Credit Guarantee Corporation |
ECM |
Economic Capital Model |
ECR |
Export Credit Refinance |
ECS |
Electronic Clearing Service |
EEFC |
Exchange Earners’ Foreign Currency |
EFT |
Electronic Funds Transfer |
EME |
Emerging Market Economy |
EoI |
Expression on Interest |
ESOP |
Employee Stock Option Plans |
ESRB |
European Systemic Risk Board |
ETF |
Empowered Task Force |
EWS |
Early Warning System |
EXIM Bank |
Export Import Bank of India |
FAQs |
Frequently Asked Questions |
FATF |
Financial Action Task Force |
FBT |
Fringe Benefit Tax |
FC |
Financial Conglomerates |
FCAC |
Fuller Capital Account Convertibility |
FCL |
Flexible Credit line |
FCNR |
Foreign Currency Non-Resident |
FCNR (B) |
Foreign Currency Non-Resident (Banks) |
FDI |
Foreign Direct Investment |
FDIC |
Federal Deposit Insurance Corporation |
FEDAI |
Foreign Exchange Dealers Association of India |
FEMA |
Foreign Exchange Management Act |
FFI |
Foreign Financial Institution |
FFMC |
Full Fledge Money Changer |
FI |
Financial Institution |
FITL |
Funded Interest Term Loan |
FIF |
Financial Inclusion Fund |
FII |
Foreign Institutional Investments |
FIMMDA |
Fixed Money Market and Derivatives Association of India |
FINO |
Financial Information Network and Operations |
FIPB |
Foreign Investment Promotion Board |
FITF |
Financial Inclusion Technology Fund |
FIU-IND |
Financial Intelligence Unit - India |
FLCC |
Financial Literacy and Credit Counselling Centres |
FMC |
Forward Market Commission |
FMD |
Financial Markets Department |
FRA |
Forward Rate Agreement |
FRB |
Floating Rate Bond |
FRBM Act |
Fiscal Responsibility and Budget Management Act |
FRMS |
Fraud Reporting and Monitoring System |
FSA |
Financial Service Authority |
FSB |
Financial Stability Board |
FSAP |
Financial Sector Assessment Programme |
FSF |
Financial Stability Forum |
FSR |
Financial Stability Report |
FST |
Financial Sector Technology |
FVA |
Fair Value Accounting |
G 20 |
Group of Twenty |
GAAP |
Generally Acceptable Accounting principles |
GB |
Gramin Bank |
GCC |
General Credit Card |
GCS |
Gold Card Scheme |
GDCF |
Gross Domestic Capital Formation |
GDP |
Gross Domestic Product |
GDR |
Global Depository Receipt |
GFD |
Gross Fiscal Deficit |
GIC |
General Insurance Corporation of India |
GLC |
General Lines of Credit |
GSA |
Graded Supervisory Action |
HFC |
Housing Finance Companies |
HFT |
Held for Trading |
HTM |
Held to Maturity |
IADI |
International Association of Deposit Insurers |
IAS |
Internal Accounting System |
IASB |
International Accounting Standard Board |
IBS |
International Banking Statistics |
ICAAP |
Internal Capital Adequacy Assessment Process |
ICAI |
Institute of Chartered Accountants of India |
I-CAT |
Institutional Capacity Assessment Tool |
ICCOMS |
Integrated Currency Chest Operations and Management System |
ICD |
Inter Corporate Deposits |
IDBI |
Industrial Development Bank of India |
IDFC |
Infrastructure Development Finance Company |
IDL |
Intra-Day Liquidity |
IDR |
Investment Deposit Ratio |
IDRBT |
Institute for Development and Research in Banking Technology |
IFCI |
Industrial Finance Corporation of India Ltd. |
IFR |
Investment Fluctuation Reserve |
IFSC |
Indian Financial System Code |
IIBI |
Industrial Investment Bank of India |
IIFCL |
India Infrastructure Finance Company Limited |
IIP |
Index of Industrial Production |
IMD |
India Millennium Deposit |
IMGC |
Indian Mortgage Guarantee Company |
IMF |
International Monetary Fund |
INFINET |
Indian Financial NETwork |
IOSCO |
International Organisation of Securities Commission |
IPA |
Issuing and Payment Agent |
IPC |
Irrevocable Payment Commitments |
IPDI |
Innovative Perpetual Debt Instrument |
IPO |
Initial Public Offering |
IRAC |
Income Recognition and Asset Classification |
IRB |
Internal Rating Based |
IRDA |
Insurance Regulatory and Development Authority |
IRDP |
Integrated Rural Development Programme |
IRF |
Interest Rate Future |
IRS |
Interest Rate Swap |
IS |
Information System |
IT |
Information Technology |
ITES |
Intra-Group Transactions and Exposures |
ITGGSM |
Internal Technical Group on Government Securities Market |
ITGI |
IT Governance Institute |
ITIL |
IT Infrastructure Library |
IWG |
Internal Working Group |
JLG |
Joint Liability Group |
JPC |
Joint Parliamentary Committee |
KCC |
Kisan Credit Card |
KVIB |
Khadi and Village Industries Board |
KVIC |
Khadi and Village Industries Commission |
KYC |
Know Your Customer |
LAB |
Local Area Bank |
LAF |
Liquidity Adjustment Facility |
LIBOR |
London Inter-Bank Offered Rate |
LIC |
Life Insurance Corporation of India |
LME |
London Metal Exchange |
LoC |
Letter of Comfort |
LOLR |
Lender of Last Resort |
LTCCS |
Long-Term Cooperative Credit Structure |
LTO |
Long Term Operations |
LTV |
Loan-to-Value |
3 |
Broad Money |
MAP |
Monitorable Action Plan |
MBC |
Mutual Benefit Company |
MDB |
Multilateral Development Bank |
MEDP |
Micro Enterprise Development Programme |
MFDEF |
Micro Finance Development and Equity Fund |
MFI |
Micro Finance Institution |
MGCS |
Mortgage Guarantee Companies |
MIBOR |
Mumbai Inter-Bank Offer Rate |
MICR |
Magnetic Ink Character Recognition |
MIS |
Management Information System |
MJT |
Mobile Job Trainer |
MLRO |
Money Laundering Reporting Office |
MMBCS |
Magnetic Media Based Clearing System |
MMS |
Multi-Modal Settlement |
MNBC |
Miscellaneous Non-Banking Companies |
MNSB |
Multilateral Net Settlement Batch |
MoU |
Memorandum of Understanding |
MPLS |
Multi-Protocol Layer Switching |
MSE |
Micro & Small Enterprises |
MSME |
Micro, Small and Medium Enterprises |
MSOE |
Minimum Standard for Operational Efficiency |
MSS |
Market Stabilisation Scheme |
NABARD |
National Bank for Agriculture and Rural Development |
NAV |
Net Asset Value |
NBC |
Net Bank Credit |
NBFC |
Non-Banking Financial Company |
NBFC-ND |
Non-Deposit taking Non-Banking Financial Company |
NBFC-ND-SI |
Systemically Important Non-Deposit taking Non-Banking Financial Company |
NBFI |
Non-Banking Financial Institutions |
NBV |
Net Book Value |
NCAF |
New Capital Adequacy Framework |
NCEUS |
National Commission for Enterprises in Unorganised Sector |
NCR |
National Capital Region |
NDC |
No Due Certificate |
NDS |
Negotiated Dealing System |
NDS-OM |
NDS Order Matching |
NDTL |
Net Demand and Time Liability |
NECS |
National Electronic Clearing Service |
NEDFi |
North Eastern Development Finance Corporation |
NEFIS |
Nationwide Electronic Financial Inclusion System |
NEFT |
National Electronic Fund Transfer |
NFA |
New Financial Architecture |
NFCC |
National Foundation for Credit Counselling |
NFGBC |
Non-food Gross Bank Credit |
NFR |
Non-Financial Reporting |
NFS |
National Financial Switch |
NGO |
Non-Government Organisation |
NHB |
National Housing Bank |
NHC |
National Housing Credit |
NIA |
New India Assurance Company Limited |
NIC |
National Industrial Credit |
NIC |
National Informatic Centre |
NIMC |
National Implementation Monitoring Committee |
NOC |
No Objection Certificate |
NOF |
Net Owned Fund |
NPA |
Non-Performing Asset |
NPCI |
National Payments Corporation of India |
NPFA |
Non-Performing Financial Assets |
NPL |
Non-Performing Loan |
NR(E)RA |
Non-resident (External) Rupee Account |
NRE |
Non-Resident External |
NREGA |
National Rural Employment Guarantee Act |
NRI |
Non-Resident Indian |
NSE |
National Stock Exchange |
OBE |
Off Balancesheet Exposure |
OBS |
Off-balance Sheet |
OBU |
Off-Shore Banking Units |
OECD |
Organisation for Economic Corporation and Development |
OLRR |
On-line Reject Repair |
OLTAS |
On-line Tax Accounting System |
OMO |
Open Market Operations |
ORFS |
On-line Returns Filing System |
OSMOS |
Off-Site Monitoring and Surveillance System |
OSS |
Off-site Surveillance System |
OTC |
Over the Counter |
OTS |
One Time Settlement |
PACS |
Primary Agricultural Credit Society |
PAIS |
Personal Accident Insurance Scheme |
PBR |
Principles-based Regulation |
PCARDB |
Primary Cooperative Agriculture and Rural Development Bank |
PCO |
Public Call Office |
PCPS |
Perpetual Cumulative Preference Shares |
PCR |
Public Credit Registry |
PD |
Primary Dealer |
PDI |
Perpetual Debt Instruments |
PDO |
Public Debt Office |
PFM |
Pension Fund Management |
PFRDA |
Pension Fund Regulatory and Development Authority |
PIMC |
Project Implementation Monitoring Committee |
PIO |
Principal Inspection Officer |
PKI |
Public Key Infrastructure |
PLR |
Prime Lending Rate |
PMEGP |
Prime Minister’s Employment Generation Programme |
PMLA |
Prevention of Money Laundering Act |
PMRY |
Prime Minister Rojgar Yojna |
PNCPS |
Perpetual Non-cumulative Preference Shares |
POS |
Point of Sale |
PPID |
Pilot Project for Integrated Development |
PPP |
Purchasing Power Parity |
PSB |
Public Sector Bank |
PSE |
Public Sector Enterprise |
PSLC |
Priority Sector Lending Certificate |
PSS |
Payment and Settlement System |
PV |
Present Value |
QIS |
Quantitative Impact Study |
RBA |
Reserve Bank of Australia |
RBIA |
Risk-Based Internal Audit |
RBS |
Risk-Based Supervision |
RCPS |
Redeemable Cumulative Preference Shares |
RCS |
Registrar of Cooperative Societies |
RDA |
Rupee Drawing Arrangement |
REGP |
Rural Employment Generation Programme |
RFA |
Revolving Fund Assistance |
RIDF |
Rural Infrastructural Development Fund |
RML |
Reverse Mortgage Loan |
RNBC |
Residuary Non-Banking Company |
RNCPS |
Redeemable Non-Cumulative Preference Shares |
RoA |
Return on Assets |
ROC |
Registrar of Companies |
ROE |
Return on Equity |
RRB |
Regional Rural Bank |
RTGS |
Real Time Gross Settlement System |
SAA |
Service Area Approach |
SACP |
Special Agricultural Credit Plan |
SACRED |
Scheme for Agricultural Credit Development |
SAO |
Seasonal Agricultural Operations |
SAR |
Self-Assessment Report |
SARFAESI |
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest |
SARS |
Severe Acute Respiratory Syndrome |
SBLP |
SHG-Bank Linkage Programme |
SC |
Scheduled Caste |
SCARDB |
State Cooperative Agriculture and Rural Development Bank |
SCB |
Scheduled Commercial Bank |
StCB |
State Cooperative Bank |
SD |
Sustainable Development |
SDS |
Special Deposit Scheme |
SEB |
State Electricity Board |
SEBI |
Securities and Exchange Board of India |
SEFCs |
Small Enterprises Financial Centres |
SEFT |
Special Electronic Funds Transfer |
SEZ |
Special Economic Zones |
SFAC |
Small Farmers Agri-Business Consortium |
SFC |
State Financial Corporation |
SFIO |
Serious Frauds Investigation Office |
SFMS |
Structured Financial Messaging System |
SGL |
Subsidiary General Ledger |
SGSY |
Swarn Jayanti Gram Swarojgar Yojna |
SHG |
Self-Help Group |
SHPI |
Self-Help Promoting Institutions |
SIDBI |
Small Industries Development Bank of India |
SIDC |
State Industrial Development Corporation |
SIPS |
Systemically Important Payment System |
SJSRY |
Swarna Jayanti Shahari Rojgar Yojna |
SLA |
Service Level Agreement |
SLAF |
Second Liquidity Adjustment Facility |
SLBCs |
State Level Bankers’ Committees |
SLEPCS |
State Level Export Promotion Committees |
SLR |
Statutory Liquidity Ratio |
SLRS |
Scheme for Liberlisation and Rehabilitation of Scavengers |
SME |
Small and Medium Enterprise |
SPV |
Special Purpose Vehicle |
SR |
Security Receipt |
SRF |
Special Refinance Facility |
SRMS |
Self Employment Scheme for Rehabilitation of Manual Scavengers |
SRP |
Supervisory Review Process |
SREP |
Supervisory Review and Evaluation Process |
SSC |
Special Sub-Committees |
SSI |
Small Scale Industry |
SSS |
Securities Settlement System |
ST |
Scheduled Tribe |
STC |
Standing Technical Committee |
StCB |
State Cooperative Bank |
STCCS |
Short-Term Cooperative Credit Structure |
STCRE |
Short-Term Cooperative Rural Credit |
STP |
Straight Through Processing |
STR |
Suspicious Transaction Report |
STR |
Suspicious Transaction Report |
STRIPS |
Separate Trading of Registered Interest and Principal of Securities |
SWIFT |
Society for Worldwide Financial Telecommunication |
TACMP |
Technical Advisory Committee on Monetary Policy |
TAFCUB |
Task Force for Urban Cooperative Bank |
TFCI |
Tourism Finance Corporation of India |
UBB |
Uniform Balance Book |
UCB |
Urban Cooperative Bank |
UCC |
Unsolicited Commercial Communication |
UIA |
United India Assurance Company Ltd. |
UTI |
Unit Trust of India |
UTLBC |
Union Territory Level Bankers’ Committee |
VaR |
Value at Risk |
VCF |
Venture Capital Fund |
VDP |
Village Development Programme |
VKC |
Village Knowledge Centre |
VPN |
Virtual Private Networks |
VRS |
Voluntary Retirement Scheme |
VSAT |
Very Small Aperture Terminal |
WADR |
Weighted Average Discount Rate |
WCTL |
Working Capital Term Loan |
WEO |
World Economic Outlook |
WGRFIS |
Working Group on Future Role of Financial Institutions |
WPI |
Wholesale Price Index |
XBRL |
Extensible Business Reporting Language |
XML |
Extensible Markup Language |
YTM |
Yield to Maturity |