ACE

Asset Care Enterprise

AD

Authorised Dealer

AFS

Available for Sale

ALM

Asset-Liability Management

AMC

Asset Management Company

ARC

Asset Reconstruction Company

ARCIL

Asset Reconstruction Company (India) Limited

AS

Accounting Standards

ATM

Automated Teller Machine

BCBS

Basel Committee on Banking Supervision

BFS

Board for Financial Supervision

BIFR

Board for Industrial and Financial Reconstruction

BIS

Bank for International Settlements

BSE

The Stock Exchange, Mumbai

BSR

Basic Statistical Return

CALCS

Capital Adequacy, Asset Quality, Liquidity, Compliance and System

CAMELS

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

CAR

Capital Adequacy Ratio

CBLO

Collateralised Borrowing and Lending Obligation

CBS

Consolidated Banking Statistics

CCB

Central Co-operative Bank

CCEA

Cabinet Committee on Economic Affairs

CCIL

Clearing Corporation of India Limited

CD

Compact Diskette

CDs

Certificate of Deposit

CDR

Corporate Debt Restructuring

CDSL

Central Depository Services Limited

CEO

Chief Executive Officer

CFS

Consolidated Financial Statements

CIBIL

Credit Information Bureau of India Limited

CISA

Certified Information Systems Auditor

CLF

Collateralised Lending Facility

CoR

Certificate of Registration

CP

Commercial Paper

CP3

Third Consultative Paper

CPR

Consolidated Prudential Report

CPSS

Committee on Payment and Settlement Systems

CRAR

Capital to Risk-Weighted Assets Ratio

CRISIL

Credit Rating and Investment Services (India) Limited

CRM

Country Risk Management

CRR

Cash Reserve Ratio

CSGL

Constituent Subsidiary General Ledger

CVC

Central Vigilance Commission

DAP

Development Action Plan

DCA

Department of Company Affairs

DCA

Debtor-Creditor Agreement

DCCB

District Central Co-operative Bank

DeaR

Daily Earnings at Risk

DFHI

Discount and Finance House of India

DFI

Development Financial Institution

DICGC

Deposit Insurance and Credit Guarantee Corporation

DNS

Deferred Net Settlement

DRAT

Debt Recovery Appellate Tribunal

DRI

Differential Rate of Interest

DRT

Debt Recovery Tribunal

DTL

Demand and Time Liabilities

ECA

Export Credit Agencies

ECR

Export Credit Refinance

ECS

Electronic Clearing Service

EDP

Electronic Data Processing

EEFC

Exchange Earners’ Foreign Currency

EFT

Electronic Funds Transfer

EXIM Bank

Export Import Bank of India

FC

Farmers Club

FCNR

Foreign Currency Non-Resident

FDI

Foreign Direct Investment

FEMA

Foreign Exchange Management Act

FFMC

Full-Fledged Money Changer

FI

Financial Institution

FIMMDA

Fixed Money Market and Derivatives Association of India

FRA

Forward Rate Agreement

GDP

Gross Domestic Product

GLC

General Line of Credit

HFC

Housing Finance Company

HFT

Held for Trading

HLCC

High Level Co-ordination Committee on Financial and Capital Markets

HTM

Held to Maturity

IBA

Indian Banks’ Association

IBJ

Industrial Bank of Japan

IBK

Industrial Bank of Korea

IBS

International Banking Statistics

ICA

Inter-Creditor Agreement

ICAI

Institute of Chartered Accountants of India

IC-D

Investment plus Credit to Deposit

IDBI

Industrial Development Bank of India

IDFC

Infrastructure Development Finance Company

IDRBT

Institute for Development and Research in Banking Technology

IFMS

Integrated Foreign Exchange Management System

IFR

Investment Fluctuation Reserve

IIBI

Industrial Investment Bank of India Limited

INFINET

Indian Financial Network

IPO

Initial Public Offering

IRAC

Income Recognition and Asset Classification

IRB

Internal Rating Based

IRD

Interest Rate Derivative

IRS

Interest Rate Swap

IT

Information Technology

JPC

Joint Parliamentary Committee

KCC

Kisan Credit Card

KYC

Know Your Customer

Broad Liquidity

LAB

Local Area Bank

LAF

Liquidity Adjustment Facility

LBS

Locational Banking Statistics

LC

Letter of Credit

LGD

Loss Given Default

LIBOR

London Inter-Bank Offered Rate

LOCOM

Lower of Cost and Market

MBC

Mutual Benefit Company

MBFC

Mutual Benefit Financial Company

MBS

Mortgage Backed Securities

MF

Mutual Fund

MF

Microfinance

MIBOR

Mumbai Inter-Bank Offer Rate

MIDL

Modernisation and Institutional Development Loan

MIFOR

Mumbai Inter-Bank Forward Rate

MIS

Management Information System

MLR

Minimum Lending Rate

MNBC

Miscellaneous Non-Banking Company

MoU

Memorandam of Understanding

MTM

Mark to Market

NABARD

National Bank for Agriculture and Rural Development

NAV

Net Asset Value

NBC

Net Bank Credit

NBFC

Non-Banking Financial Company

NCAER

National Council of Applied Economic Research

NDS

Negotiated Dealing System

NDTL

Net Demand and Time Liabilities

NGO

Non-Government Organisation

NHB

National Housing Bank

NIAS

National Impact Assessment Survey

NIBM

National Institute of Bank Management

NII

Net Interest Income

NMCE

National Multi Commodity Exchange of India

NOF

Net Owned Fund

NPA

Non-Performing Asset

NPL

Non-Performing Loan

NRE

Non-Resident External

NRO

Non-Resident Ordinary

NSDL

National Securities Depository Limited

NSE

National Stock Exchange

OBS

Off-Balance Sheet

OBU

Off-Shore Banking Unit

OCD

Optional Convertible Debenture

OIS

Overnight Index Swap

OLIC

Official Language Implementation Committee

OS

Operating System

OSMOS

Off-Site Monitoring and Surveillance System

OSS

Off-site Surveillance Division

OTCEI

Over the Counter Exchange of India

OTS

One Time Settlement

PAC

Public Accounts Committee

PACS

Primary Agricultural Credit Society

PB

Participating Bank

PCA

Prompt Corrective Action

PCARDB

Primary Co-operative Agricultural and Rural Development Bank

PCFC

Pre-shipment Credit in Foreign Currency

PD

Primary Dealer

PDAI

Primary Dealers Association of India

PKI

Public Key Infrastructure

PLR

Prime Lending Rate

PMLA

Prevention of Money Laundering Act

PMRY

Prime Minister’s Rozgar Yojana

PMS

Portfolio Management Services

PSB

Public Sector Bank

PSRS

Prudential Supervisory Reporting System

PSU

Public Sector Undertaking

PVBP

Present Value of Basis Points

QIB

Qualified Institutional Buyer

QIS

Quantitative Impact Study

RBS

Risk Based Supervision

RC

Reconstruction Company

RFC

Resident Foreign Currency

RIDF

Rural Infrastructural Development Fund

RMC

Restricted Money Changer

RMD

Resource Management Discussion

RNBC

Residuary Non-Banking Company

RoA

Return on Asset

RRB

Regional Rural Bank

SAC

Settlement Advisory Committee

SACP

Special Agricultural Credit Plan

SAO

Seasonal Agricultural Operation

SARFAESI

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest

SC

Securitisation Company

SCARDB

State Co-operative Agricultural and Rural Development Bank

SCB

Scheduled Commercial Bank

SEBI

Securities and Exchange Board of India

SEZ

Special Economic Zone

SFC

State Financial Corporation

SGL

Subsidiary General Ledger

SGSY

Swarnajayanti Gram Swarozgar Yojana

SHCIL

Stock Holding Corporation of India Limited

SHG

Self-Help Group

SHPI

Self-Help Promoting Institution

SIDBI

Small Industries Development Bank of India

SKS

Swayam Krishi Sangam

SLR

Statutory Liquidity Ratio

SLRS

Scheme of Liberation and Rehabilitation of Scavengers

SME

Small and Medium Enterprise

SSI

Small Scale Industry

StCB

State Co-operative Bank

STCI

Securities Trading Corporation of India

STPLR

Short-Term Prime Lending Rate

STRIPS

Separate Trading for Interest and Principal of Securities

SVP

Special Purpose Vehicles

TAP

Technical Assistance Programme

TFCI

Tourism Finance Corporation of India

UBD

Urban Banks Department

UCB

Urban Co-operative Bank

URR

Uniform Rules and Regulation

UTI

Unit Trust of India

UTIMF

UTI Mutual Fund

VaR

Value at Risk

VRS

Voluntary Retirement Scheme

VSAT

Very Small Aperture Terminal

VVV

Vikas Volunteer Vahini

WADR

Weighted Average Discount Rate

YTM

Yield to Maturity