| Abbreviation |
Full Form |
| 2FA |
Two Factor Authentication |
| A&AS |
Account & Audit Section |
| ACLF |
Additional Collateralised Lending Facility |
| AIDBs |
All India Development Banks |
| AIFIs |
All India Financial Institutions |
| ALM |
Asset Liability Management |
| ANBC |
Adjusted Net Bank Credit |
| ANSI |
American National Standards Institute |
| APACS |
Association of Payment and Clearing Services |
| APSFC |
andhra Pradesh State Financial Corporation |
| ARCIL |
Asset Reconstruction Company of India Limited |
| ARCs |
Asset Reconstruction Companies |
| ATM |
Automated Teller Machine |
| BACS |
Bankers Automated Clearing System |
| BCBS |
Basel Committee On Banking Supervision |
| BCP |
Branch Credit Plan |
| BFS |
Board of Financial Supervision |
| BLBC |
Block-Level Bankers Committee |
| BO |
Banking Ombudsman |
| BOD |
Board of Directors |
| BPC |
Benefits Processing Corp |
| BPLR |
Benchmark Prime Lending Rate |
| CAAP |
Capital Adequacy Assessment Process |
| CAMELS |
Capital, Assets, Management, Earnings, Liquidity, and Systems and Control |
| CBT |
Computer-Based Terminal |
| CC |
Cash Credit |
| CDR |
Corporate Debt Restructuring |
| CDs |
Certificates of Deposit |
| CED |
Centre For Entrepreneurship Development |
| CFMS |
Centralised Funds Management System |
| CFS |
Committee on The Financial System |
| CFS |
Consolidated Financial Statements |
| CHAPS |
Clearing House Automated Payment System |
| CIBIL |
Credit Information Bureau of India Ltd. |
| CLB |
Company Law Board |
| CLF |
Collateralised Lending Facility |
| CMA |
Collateral Management Agreement |
| CNP |
Card Not Present |
| CPs |
Commercial Papers |
| CRAR |
Capital to Risk-Weighted Asset Ratio |
| CRM |
Customer Relationship Management |
| CRR |
Cash Reserve Ratio |
| CSGLA |
Constituent’s Subsidiary General Ledger Account |
| DCCB |
District Central Cooperative Banks |
| DCP |
District Credit Plan |
| DD |
Demand Draft |
| DDM |
District Development Manager |
| DFI |
Development Financial Institutions |
| DFID |
Department For International Development |
| DICGC |
Deposit Insurance and Credit Guarantee Corporation |
| DIR |
Differential Interest Rate |
| DNPD |
Derivatives and New Products Departments |
| DPN |
Derivative Usance Promissory Note |
| DPs |
Depository Participants |
| DR! |
Beneficiaries of Differential Interest Rate |
| ECB |
External Commercial Borrowing |
| ECS |
Electronic Clearing Service |
| ED |
Enforcement Directorate |
| EFT |
Electronic Funds Transfer |
| EFTPOS |
Electronic Funds Transfer Point of Sale |
| EMI |
Equated Monthly Instalment |
| EPS |
Earnings Per Share |
| ETFs |
Exchange Traded Funds |
| EXIM Bank |
Export-Import Bank of India |
| FATF |
FERA Financial Action Task Force |
| FCA |
Foreign Currency Assets |
| FCD |
Fully Convertible Debentures |
| FCNRA |
Foreign Currency Non-Resident Account |
| FD |
Fixed Deposit |
| FDI |
Foreign Direct Investment |
| FEMA |
Foreign Exchange Management Act |
| FIMMDA |
Fixed Income Money Market and Derivatives Association of India |
| Fls |
Financial Institutions |
| FRNs |
Floating Rate Notes |
| FRO |
Foreigners Registration officer |
| FRRO |
Foreigners Regional Registration officer |
| FSS |
Financial Software Systems |
| GDCF |
Gross Domestic Capital Formation |
| GlC |
General Insurance Corporation of India |
| GIPSA |
General Insurance Public Sector Association |
| GSTPA |
Global Straight Through Processing Association |
| HFCs |
Housing Finance Companies |
| HPFC |
Himachal Pradesh Financial Corporation |
| HSBC |
Hong Kong and Shanghai Banking Corporation |
| HUDCO |
Housing and Urban Development Corporation |
| IBA |
Indian Banks’ Association |
| IBRD |
International Bank For Reconstruction and Development |
| ICAO |
International Civil Aviation Organisation |
| ICC |
Integrated Circuit Card |
| ICICI |
Industrial Credit and Investment Corporation of India Limited |
| ICRA |
Investment Information and Credit Rating Agency |
| IDBI |
Industrial Development Bank of India |
| IDFC |
Infrastructure Development Finance Company Limited |
| IDRBT |
Institute For Development and Research In Banking Technology |
| IFCI |
Industrial Finance Corporation of India Limited |
| lIB I |
Industrial Investment Bank of India Limited |
| IMF |
International Monetary Fund |
| INFINET |
Indian Financial Network |
| IP |
Internet Provider |
| IPO |
Initial Public offering |
| IPSS |
Integrated Payment and Settlement System |
| IRE |
Internal Rating Based |
| IRa |
Industrial Reconstruction Corporation of India Limited |
| IRDP |
Integrated Rural Development Programme |
| IRR |
Internal Rate of Return |
| ISIN |
International Securities Identification Number |
| ISO |
International Standard Organisation |
| IVP |
Indira Vikas Patra |
| JCB |
Japan Credit Bureau |
| JLGs |
Joint Liability Groups |
| KCC |
Kisan Credit Card |
| KVP |
Kisan Vikas Patra |
| KYC |
Know Your Customer |
| LAF |
Liquidity Adjustment Facility |
| LAN |
Local Area Network |
| LBS |
Lead Bank Scheme |
| LETS |
Local Exchange Trading Systems |
| LIC |
Life Insurance Corporation of India |
| LOC |
Lines of Credit |
| LTF |
Long-Term Finance |
| MBFC |
Mutual Benefit Financial Company |
| MFIs |
Micro-Financial Institutions |
| MICR |
Magnetic Ink Character Recognition |
| MIRSD |
Market Intermediaries Registration and Supervision Department |
| MNBCs |
Miscellaneous Non-Banking Companies |
| MPBF |
Maximum Permissible Bank Finance |
| MRD |
Market Regnlation Department |
| MSS |
Market Stabilisation Scheme |
| M&As |
Mergers and Acquisitions |
| MTNs |
Medium-Term Notes |
| NABARD |
National Bank For Agriculture and Rural Development |
| NAFCUB |
National Federation of Urban Cooperative Banks and Credit Societies |
| NAFED |
National Agricultural Cooperative Marketing Federation |
| NAV |
Net Asset Value |
| NBC |
Net Bank Credit |
| NBFCs |
Non-Bank Financial Companies |
| NCAER |
National Council of Applied Economic Research |
| NCC |
National Clearing Cells |
| NCS |
Network Computing System |
| NDA |
Net Domestic Assets |
| NDC |
Non-Dues Certificate |
| NDS |
Negotiated Dealing System |
| NDTL |
Net Demand and Time Liabilities |
| NFA |
Net Foreign Assets |
| NGO |
Non-Governmental Organisation |
| NHB |
National Housing Bank |
| NIl |
Net Interest Income |
| Nof |
Net Owned Funds |
| NPAs |
Non-Performing Assets |
| NPLM |
Non-Performing Loan Management |
| NPS |
Non-Priority Sector |
| NRE |
Non-Resident (External) Rupee Account |
| NRI |
Non-Resident Indian |
| NRNR |
Non-Resident Non-Repatriable Term Deposit Account |
| NRO |
Non-Resident Ordinary Account |
| NRSR |
Non-Resident (Special) Rupee Account |
| NSE |
National Stock Exchange |
| NSIC |
National Small Industries Corporation |
| NSS |
National Savings Scheme |
| OBC |
Oriental Bank of Commerce |
| OBE |
Off-Balance Sheet Exposures |
| OBUs |
Offshore Banking Units |
| OCB |
Overseas Corporate Bodies |
| OD |
Overdraft |
| OFCS |
Offshore Financial Centers |
| OTCEI |
Over The Counter Exchange of India Limited |
| OTS |
One-Time Settlement |
| PACS |
Primary Agricultural Credit Societies |
| PAN |
Permanent Account Number |
| PBS |
Projected Balance Sheet |
| PBT |
Profit Before Tax |
| PC |
Participation Certificate |
| PCA |
Prompt Corrective Action |
| PCDs |
Partly Convertible Debentures |
| PFls |
Public Financial Institutions |
| PIN |
Personal Identification Number |
| PIO |
People of Indian Origin |
| PKI |
Public Key Infrastructure |
| PLIs |
Prime Lending Institutions |
| PLP |
Potential Linked Plan |
| PLR |
Prime Lending Rate |
| PMLA |
Prevention of Money Laundering Act |
| POA |
Power of Attorney |
| POS |
Point of Sale |
| PSBs |
Public Sector Banks |
| PTCs |
Pass-Through Certificates |
| QIB |
Qualified Institutional Buyers |
| QIP |
Qualified Institutional Placement |
| QIS |
Quantitative Impact Study |
| RAROC |
Risk-Adjusted Return On Capital |
| RBI |
Reserve Bank of India |
| RBS |
Risk-Based Supervision |
| RCF |
Risk Capital Foundation |
| RCI |
Refinance Corporation For Industry |
| REPOS |
Ready Forward Contracts |
| RFID |
Radio Frequency Identification |
| RML |
Reverse Mortgage Loan |
| RNBCs |
Residuary Non-Banking Companies |
| ROA |
Return On Assets |
| ROC |
Registration of Companies |
| ROE |
Return On Equity |
| RRBs |
Regional Rural Banks |
| RTGS |
Real Time Gross Settlement |
| SACs |
Settlement Advisory Committees |
| SAMIS |
Strategic Asset Management Information System |
| SARFAES |
Securities and Reconstruction of Financial and Enforcement of Security Interest |
| SBI |
State Bank of India |
| SCB |
State Cooperative Apex Bank |
| SEPUP |
Self-Employment Programme For Urban Poor |
| SEZs |
Special Economic Zones |
| SFCs |
State Financial Corporations |
| SFMS |
Structured Financial Messaging Solution |
| SGSY |
Swarnajayanti Gram Swarojgar Yojana |
| SHGs |
Self-Help Groups |
| SIDC |
State Industrial Development Corporation |
| SIM |
Subscriber Identity Module |
| SJSRY |
Swarna Jayanti Shahari Rojgar Yojana |
| SLBC |
State-Level Bankers’ Committee |
| SLR |
Statutory Liquidity Ratio |
| SME |
Small and Medium Enterprises |
| SPOM |
Self-Programmable One-Chip Microcomputer |
| Spy |
Special Purpose Vehicle |
| SSIDC |
State Small Industries Development Corporation |
| SSls |
Small Scale Industries |
| STF |
Short-Term Finance |
| STP |
Straight -Through Processing |
| SW IFT |
Society For Worldwide Interbank Financial Telecommunication |
| T/T |
Telegraphic Transfer |
| TAN |
Transaction Number/Tax Deduction Account Number |
| TCS |
Tata Consultancy Services |
| TDF |
Technical Development Fund |
| TDICI |
Technology Development and Information Company of India Limited |
| UBI |
United Bank of India |
| UTI |
Unit Trust of India |
| VCFs |
Venture Capital Funds |
| VCP |
Village Credit Plan |
| VRS |
Voluntary Retirement Scheme |
| VUB |
Vseobecmi Uverova Banka |
| WAN |
Wide Area Network |
| WCDL |
Working Capital Demand Loan |
| WOS |
Wholly Owned Subsidiary |
| WWW |
World Wide Web |
