Glossary_DGBA - ஆர்பிஐ

RbiAnnouncementWeb

Statistics-Data Releases-Banner

சொத்து வெளியீட்டாளர்

Gaush Ali

2 நாட்கள் முன்பு திருத்தப்பட்டது.

Glossary of common terms used in Government Banking Transactions
1	Agency Commission	Amount paid by the Reserve Bank of India to Agency Banks for undertaking the general banking business of the Central and State Governments (previously known as turnover commission).
2	Agency Commission Rate	The rate at which RBI pays agency commission. Government agency commission is paid on a ‘per transaction’ basis for receipts and pension payments and on a ‘volume turnover’ basis for other payments.
3	Bank Rate	Standard rate at which the Reserve Bank of India is prepared to buy or rediscount bills of exchange or other commercial paper eligible for purchase under the Reserve Bank of India Act, 1934 (Section 49 of RBI Act).
4	Centralised Pension Processing Centre (CPPC)	Centralised Pension Processing Centres at agency banks are those offices which process Government pension payment from a centralised location.
5	Challan	Forms prescribed for making payment in the government accounts through instruments/cash/e-modes.
6	e-challan	Challans in electronic form
7	Cheque Drawing and Disbursing Officers	Cheque Drawing and Disbursing Officers (DDOs) are DDOs to whom cheque drawing powers have been delegated as they are not located at the same station where the Pay and Accounts Office is located.
8	Comptroller and Auditor General (C&AG)	The supreme audit institution of India set up under Articles 148 to 151 of the Constitution of India.
9	Controller General of Accounts (CGA)	Principal accounts adviser to the Government of India on accounting matters and is responsible for establishing and maintaining a technically sound Management Accounting System.
10	Departmentalisation of government accounts	Refers to the scheme implemented with effect from April 1, 1976, whereby the responsibility for maintenance of accounts at all stages was transferred to respective Ministries/ Departments.
11	Direct Benefit Transfer (DBT)	The system under which the benefit or subsidy will be directly transferred to bank accounts of eligible citizens.
12	Drawing and Disbursing Officer (DDO)	DDOs are functionaries of Central and State Governments who are empowered to draw money from Treasury/PAO on bills and cheques by applying provisions of the relevant rules, manuals and codes.
13	e-Kuber	The Core Banking Solution of the Reserve Bank of India.
14	e-payments	Payments made by the government using electronic modes of fund transfer such as NEFT, RTGS, ECS, ABPS etc.
15	e-receipts	Receipts into the government account through electronic mode of funds transfer such as internet banking, credit/debit cards, UPI, NEFT, RTGS, ECS, etc.
16	Focal Point Branch (FPB)	FPBs constitute the first/initial level of consolidation of Government transactions in agency banks to whom all bank branches undertaking government business report.
17	National Electronic Funds Transfer (NEFT) system	National Electronic Funds Transfer (NEFT) is a nationwide centralized payment system owned and operated by the Reserve Bank of India (RBI).
18	Pay and Accounts Office (PAO)	PAO is critical financial authority/unit in a Central/State Government Ministry/Department responsible for processing payments, maintaining accounts and ensuring financial control in accordance with Government rules and procedures.
19	Real Time Gross Settlement (RTGS) system	Funds transfer system where transfer and settlement of funds is done on a “real time” and gross basis.
20	IGAA transactions	Transactions involving simultaneous debit and credit to two different Government accounts maintained at RBI.
21	IAAA transactions	Transactions involving payment from Government to a non–Government beneficiary.
22	Paper to Follow (P2F)	Arrangement where paid physical cheques are forwarded to Government departments/treasuries issuing those cheques.
23	SFTP	A network protocol that provides a secure way to transfer and manage files over a network.
24	Public Financial Management System (PFMS)	A web-based platform operated by the CGA to manage and monitor government transactions.
25	Non-Tax Receipt Portal (NTRP)	Portal operated by CGA to provide one-stop services to deposit any non-tax fees/fine/other money into Government Account.
26	E-payments Recall	A facility in e-Kuber through which Governments would be able to recall scheduled payments, either individual transactions or complete payment message/file.
27	Treasury Single A/c (TSA)	A system used for Government to minimize float outside Government accounts through just-in-time release of funds to Autonomous Bodies/Sub-Autonomous Bodies/Central Public Sector Enterprises (CPSEs)/Statutory Bodies.
28	Central Sector Schemes	The government schemes which are designed, planned, and completely funded by the Central Government.
29	Centrally Sponsored Schemes (CSS)	These are the schemes wherein the resources in a specified ratio (as per scheme guidelines) are shared by Central and State Governments.
30	Direct NEFT/RTGS Model	A model in standardized e-receipts where Government portal integrates with e-Kuber for direct e-receipts through NEFT/RTGS payment modes, without involvement of any agency bank.
31	Luggage File	The file prepared in a standardized ISO20022 format by agency banks containing details of daily government receipts and uploaded to a SFTP server hosted by RBI for validation, accounting, and consolidation.
32	Global Holiday	A holiday in e-Kuber system when no transactions are booked in Government accounts, i.e., January 26, August 15, October 02, all 2nd and 4th Saturdays, all Sundays and any other day declared as global holiday.
33	Balance Confirmation Certificate	A document provided by a bank confirming the current balance of a specific bank account.
34	Inoperative account	A bank account without any transaction for a period of one year.
35	Life Certificate	A document required to be submitted annually by a government pensioner to the pension disbursing bank, that serves as proof that the pensioner is still alive.
36	Direct Accounts	An account opened by investors of Special Deposit Scheme (SDS), 1975 where funds are directly deposited with RBI.
37	Mirror Accounts	Record maintained by RBI in respect of SDS 1975 accounts maintained at other banks.
38	Pension Disbursing Banks	Agency banks disbursing government pension payments to retired government servants.
39	Pension Sanctioning Authority	Government entity responsible for approving and authorizing pension payments for a retired government servant.
40	Pension Payment Order (PPO)	A document issued by the pension sanctioning authority to a retired Government employee (pensioner), outlining his/her pension amount, payment mode, and other details.
41	e-PPO	PPOs in electronic form.
42	Agency Banks	Scheduled banks appointed by RBI under Section 45 of RBI Act, 1934 to carry out Government banking business on its behalf.
43	Pension payments	Those pension payments wherein entire work pertaining to calculation and disbursement of pension is attended by agency banks.
44	Prefunded transactions	Government payment transactions where funds are available with agency banks in advance.
45	Penal interest	Interest charged by RBI on agency banks for any wrong claims of agency commission settled. Governments may also impose penal interest on agency banks for delayed reporting of their receipts and excess payments made.
46	Government Receipts	All money received into the Bank for credit to the Government accounts.
47	e-receipts	Those receipt transactions involving remittance of funds from the remitter’s bank account through internet banking as well as such transactions which do not involve physical receipt of cash /instruments at all.
48	Physical receipts	Government receipts which are received over the counter in RBI/agency banks through cash/instruments.
49	Scroll	Daily summary of receipts and payments with reference to one or more challans and with other supporting documents.
50	e-scrolls	Scrolls in electronic form.

Statistics-Data Releases-Overview

Data Releases

This Section provides data on various aspects of Indian economy, banking and finance. While the current data defined as data for the past one year is available at the links provided below, researchers may also access data series available in the Database on Indian Economy link available on this page.