Abbreviations L

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
LDC Less Developed Countries
LERMS: Liberalised Exchange Rate Mechanism

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