LIST OF ABBREVIATIONS

AD

- Authorised Dealer

CD

- Certificate of Deposit

ADF

- Automated Data Flow

CDS

- Credit Default Swaps

ADR

- American Depository Receipt

CFTC

AE

- Advanced Economy

- Commodity Futures Trading

Commission

AEPS

- Aadhar Enabled Payment Systems

CGTMSE

- Credit Guarantee Fund Trust for Micro

and Small Enterprises

CIC

- Central Information Commission

CIL

- Coal India Limited

AIC

- Akaike Information Criterion

AML/CFT

- Anti-Money Laundering/Combating
Financing of Terrorism

ANBC

- Adjusted Net Bank Credit

CNP

- Card Not Present

AP

- Andhra Pradesh

COD

- Commercial Operations Date

APMC

- Agricultural Produce Marketing

Committees

CoR

- Certificate of Registration

CP

- Commercial Paper

ARMS

- Audit and Risk Management Subcommittee

CP

- Card Present

CPI

- Consumer Price Index

ATBs

- Auction Treasury Bills

CPS

- Centralised Payment System

ATM

- Automated Teller Machine

CPSS

BC

- Business Correspondent

- Committee on Payments and

Settlement System

BCBS

- Basel Committee on Banking

Supervision

CRAR

- Capital to Risk Weighted Assets Ratio

CRCS

BCM

- Business Continuity Management

- Central Registrar of Cooperative

Societies

BCP

- Business Continuity Plan

CRE

- Commercial Real Estate

BCPs

- Basel Core Principles

CRR

- Cash Reserve Ratio

BCSBI

- Banking Codes and Standards Board

of India

CSF

- Consolidated Sinking Fund

BE

- Budget Estimates

CSO

- Central Statistics Office

BFS

- Board for Financial Supervision

CSP

- Customer Service Point

BoP

- Balance of Payments

CTS

- Cheque Truncation System

BPM

- Balance of Payments Manual

CU

- Capacity Utilisation

BPO

- Business Process Outsourcing

CWC

- Central Water Commission

BPR

- Business Process Reengineering

DCCB

- District Central Cooperative Bank

bps

- basis points

DDA

- Diamond Dollar Account

BSE

- Bombay Stock Exchange

DICGC

- Deposit Insurance Credit Guarantee

Corporation

CAB

- College of Agricultural Banking

DIF

- Deposit Insurance Fund

CAD

- Current Account Deficit

DMT

- Direct Money Transfer

CAPIOS

- Central Assistant Public Information

Officers

DP

- Dynamic Provisioning

CBLO

- Collateralised Borrowing and Lending

Obligation

DR

- Disaster Recovery

DRI

- Differential Rate of Interest

CBS

- Core Banking Solution

DTC

- Direct Tax code

CBSE

- Central Board of Secondary Education

DvP

- Delivery versus Payment

CCB

- Capital Conservation Buffer

EBT

- Electronic Benefit Transfer

CCB (Ch X)

- Committee of Central Board

ECB

- European Central Bank

CCIL

- Clearing Corporation of India Ltd.

ECBs

- External Commercial Borrowings

CCP

- Central Counter Parties

ECCS

- Express Cheque Clearing System

viii

LIST OF ABBREVIATIONS

- Electronic Clearing Services

GRF

- Guarantee Redemption Fund

EDEs

- Emerging and Developing Economies

GRM

- Grievance Redressal Mechanism

EEFC

- Exchange Earner's Foreign Currency

G-sec

- Government Securities

EFSF

- European Financial Stability Facility

GST

- Goods and Services Tax

EFSM

- European Financial Stability Mechanism

H-P

- Hodrick Prescott

EFT

- Electronic Fund Transfer

HTM

- Held to Maturity

EKP

- Enterprise Knowledge Portal

HVC

- High Value Clearing

EL

- Expected Loss

IADI

EMEs

- Emerging Market Economies

- International Association of Deposit

Insurers

ERPT

- Exchange Rate Pass-through

IAS

- Indian Accounting Standards

- Indian Banks Association
- Information and Communication
Technology

ECS

ESM

- European Stability Mechanism

IBA

ETF

- Exchange Traded Fund

ICT

EU

- European Union

FC

- Financial Conglomerate

FCCB

- Foreign Currency Convertible Bond

FCI

- Financial Conditions Index

FDI

- Foreign Direct Investment

FEMA

- Foreign Exchange Management Act

FIIs

- Foreign Institutional Investors

FIMMDA

IDF

- Infrastructure Debt Fund

IDRBT

- Institute for Development and Research

in Banking Technology

IFRS

- International Financial Reporting

Standards

IGIDR

- Indira Gandhi Institute of Development

Research

- Fixed Income Money Market and

Derivatives Association

IIBM

- Indian Institute of Bank Management

IIP

- Index of Industrial Production

FIP

- Financial Inclusion Plan

IMD

- India Meteorological Department

FIR

- First Information Report

IMF

- International Monetary Fund

FIs

- Financial Institutions

IMO

- Instant Money Order

FLC

- Financial Literacy Centre

INR

- Indian Rupee

FLCC

- Financial Literacy and Credit

Counseling Centre

INRM

- Integrated Natural Resource

Management

FRBM Act

- Fiscal Responsibility and Budget

Management Act

IOSCO

FSA

- Fuel Supply Agreement

- International Organisation of Securities

Commissions

FSAP

- Financial Sector Assessment

Programme

IP

- Internet protocol

IPM

- Integrated Pest Management

- Initial Public Offering

FSB

- Financial Stability Board

IPO

FSDC

- Financial Stability and Development

Council

IRD

- Interest Rate Derivatives

IRDA

- Insurance Regulatory and Development

Authority

GAH

- Gilt Account Holder

GCCs

- General Credit Cards

IRF

- Interest Rate Futures

GDP

- Gross Domestic Product

IRS

- Interest Rate Swaps

GDR

- Global Depository Receipt

IS Audits

- Information System Audits

GDS

- Gross Domestic Savings

ISO

GFCF

- Gross Fixed Capital Formation

- International Organisation for

Standardisation

GFD

- Gross Fiscal Deficit

IT

- Information Technology

GHGs

- Green House Gases

ITB

- Intermediate Treasury Bills

GNP

- Gross National Product

ITP

- India-IMF Training Programme

GoI

- Government of India

KCC

- Kisan Credit Card

ix

LIST OF ABBREVIATIONS

- Know Your Customer

NHB

- National Housing Bank

LAF

- Liquidity Adjustment Facility

NIBM

- National Institute of Bank Management

LC

- Letter of Credit

NIF

- National Investment Fund

LDM

- Lead District Manager

NIM

- Net Interest Margin

LEISA

- Low External Input Sustainable

Agriculture

NMIZ

- National Manufacturing Investment Zone

NOC

- No Objection Certificate

LRS

- Liberalised Remittance Scheme

NOF

- Net Owned Funds

LTRO

- Long Term Refinancing Operations

NOOPL

- Net Overnight Open Position Limit

MASI

- Management Audit System Inspection

NPA

- Non Performing Asset

MEFS

- Medium-term Expenditure Framework

Statement

NPCI

- National Payment Corporation of India

MFI

- Microfinance Institution

NRI

- Non-Resident Indian

MFs

- Mutual Funds

NSM

- Note Sorting Machine

OBC

- Other Backward Classes

KYC

MGNREGS/A - Mahatma Gandhi National Rural

Employment Guarantee Scheme/ Act
MICR

- Magnetic Ink Character Recognition

MNOs

- Mobile Network Operators

MoU

- Memorandum of Understanding

MSE

- Micro and Small Enterprises

MSF

OD

- Overdraft

OECD

- Organisation for Economic Cooperation

and Development

OMO

- Open Market Operations

OPEC

- Organisation of Petroleum Exporting

Countries

- Marginal Standing Facility

ORFS

- Online Return Filing System

MSME

- Micro, Small and Medium Enterprises

OTC

- Over the Counter

MT

- Million tonnes

PACS

- Primary Agricultural Credit Societies

NABARD

- National Bank for Agriculture and Rural

Development

PD

- Primary Dealer

NAM

- Norm of Absolute Values

NBFCs

- Non-Banking Financial Companies

NBFCs-ND-SI - Non-Deposit taking Systematically

Important NBFCs
NCAER

- National Council of Applied Economic

Research

NCD

- Non-Convertible Debentures

NCERT

- National Council of Educational

Research and Training

PDO

- Public Debt Office

PFRDA

- Pension Fund Regulatory and

Development Authority

PIOs

- Persons of Indian Origin

POL

- Petroleum, Oil and Lubricants

POS

- Point of Sale

PPI

- Pre-paid Payment Instrument

PPP

- Public Private Partnership

PRN

- Production-weighted Rainfall Index

NDA

- Net Domestic Assets

PSB

- Public Sector Bank

NDF

- Non-Deliverable Forwards

PSLCs

- Priority Sector Lending Certificates

NDS-OM

- Negotiated Dealing System-Order

Matching System

PSS Act

- Payment and Settlement Systems Act

PSU

- Public Sector Undertaking

NDTL

- Net Demand and Time Liabilities

P2P

- Person to Person

NECS

- National Electronic Clearing Services

QFIs

- Qualified Foreign Investors

NEFT

- National Electronic Fund Transfer

R&D

- Research and Development

NER

- North-East Region

RBI

- Reserve Bank of India

NFA

- Net Foreign Assets

RBIA

- Risk Based Internal Audit

NGO

- Non-Governmental Organisation

RBSC

- Reserve Bank Staff College

NG-RTGS

- Next Generation RTGS

RCS

- Registrar of Cooperative Societies

NHAI

- National Highways Authority of India

RE

- Revised Estimates

LIST OF ABBREVIATIONS

RECS

- Regional Electronic Clearing Services

StCB

- State Cooperative Bank

REER

- Real Effective Exchange Rate

STCRC

- Short Term Co-operative Rural Credit

RFC

- Resident Foreign Currency

SWIFT

RIDF

- Rural Infrastructure Development Fund

- Society for Worldwide Inter-bank

Financial Telecommunication

RMD

- Risk Management Department

TAG

- Technical Advisory Group

ROA

- Return on Assets

T-bill

- Treasury bill

ROE

- Return on Equity

TCO

- Total Cost of Ownership

RRB

- Regional Rural Banks

ThFC

- Thirteenth Finance Commission

RTGS

- Real Time Gross Settlement system

TPDS

- Targeted Public Distribution System

RTI

- Right to Information

TRs

- Trade Repositories

S&P

- Standard and Poor's

UCBs

- Urban Cooperative Banks

SAARC

- South Asian Association for Regional

Cooperation

USD

- US Dollar

USSD

- Unstructured Supplementary Service

Data

VA-PT

- Vulnerability Assessment Penetration

Testing

VAR

- Vector Autoregression

VC

- Video Conferencing

VDI

- Virtual Desktop Interface

WADR

- Weighted Average Discount Rate

WAEIR

- Weighted Average Effective Interest

Rate

SC

- Scheduled Castes

SCB

- Scheduled Commercial Bank

SCI

- Structural Change Index

SDS

- Special Dispensation Scheme

SEBI

- Securities and Exchange Board of India

SEC

- Securities and Exchange Commission

SFMS

- Structured Financial Messaging

Solution

SGL

- Subsidiary General Ledger

SHG

- Self Help Group

WLA

- White Label ATMs

SIDBI

- Small Industries Development Bank of

India

WMA

- Ways and Means Advances

WPI

- Wholesale Price Index

SLBCs

- State Level Bankers' Committees

WPR

- Work Participation Rate

SLR

- Statutory Liquidity Ratio

XML

- Extensible Mark-up Language

SPDUs

- State Power Distribution Utilities

ZTC

- Zonal Training Centre

This Report can also be accessed on Internet

URL : www.rbi.org.in

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