LIST OF ABBREVIATIONS

AAIFR - Appellate Authority for Industrial and BFSI - Banking, Financial Services and
Financial Reconstruction Insurance
ACE - Asset Care Enterprise Ltd. BIFR - Board for Industrial and Financial
Reconstruction
ACH - Automated Clearing Houses
BIMST-EC - Bangladesh, India, Myanmar,
ACU - Asian Clearing Union
Sri Lanka, Thailand Economic
AD - Authorised Dealer Cooperation

ADB - Asian Development Bank BIMSTEC - Bay of Bengal Initiative for Multi-
Sectoral Technical and Economic
ADR - American Depository Receipt Cooperation
AFS - Available for Sale BIS - Bank for International Settlements
AFTA - ASEAN Free Trade Area BoP - Balance of Payments
AIBP - Accelerated Irrigation Benefit
BPL - Below Poverty Line
Programme
BPLR - Benchmark Prime Lending Rate
AICL - Agricultural Insurance Company of
India Ltd. BPO - Business Process Outsourcing
AIFI - All India Financial Institutions BPSS - Board for Payment and Settlement
Systems
ALD - Aggregate Liabilities to the Depositors
ALM - Asset Liability Management BRBNMPL - Bharatiya Reserve Bank Note Mudran
Private Limited
AMFI - Association of Mutual Funds in India
BSE - The Stock Exchange, Mumbai
AML - Anti Money Laundering
BSR - Basic Statistical Returns
AMS - Aggregate Measures of Support
BTC - Bankers Training College
AoA - Agreement on Agriculture
CA - Certification Authority
APDRP - Accelerated Power Development and
Reform Programme CAB - College of Agricultural Banking

APL - Above Poverty Line CAC - Collective Action Clause

APM - Administered Price Mechanism CAG - Comptroller and Auditor General

ARC - Asset Reconstruction Company CBI - Central Bureau of Investigation

ARCIL - Asset Reconstruction Company of CBDT - Central Board of Direct Taxes
India Ltd.
CBLO - Collateralised Borrowing and Lending
ARDC - Agriculture Refinance and Obligation
Development Corporation
CBoT - Chicago Board of Trade
AS - Accounting Standard
CBSL - Central Bank of Sri Lanka
ASCI - Administrative Staff College of India
CBS - Consolidated Banking Statistics
ASEAN - Association of South East Asian
Nations CCA - Controller of Certifying Authorities

ATC - Agreement on Textile and Clothing CCIL - Clearing Corporation of India Limited

ATM - Automated Teller Machine CCP - Central Counter Party

BCBS - Basel Committee on Banking CD - Certificate of Deposit

Supervision
CDBMS - Central Database Management
BCP - Business Continuity Plan System
BFS - Board for Financial Supervision CDR - Corporate Debt Restructuring

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 LIST OF ABBREVIATIONS

CD-ROM - Compact Disk Read Only Memory CSIR - Council of Scientific and Industrial
Research
CEA - Central Electricity Authority
CSO - Central Statistical Organisation
CECA - Comprehensive Economic
Cooperation Agreement CSP - Central Sector Project
CENVAT - Central Value Added Tax CVPS - Currency Verification and Processing
System
CEO - Chief Executive Officer
DAD - Deposit Accounts Department
CEPA - Comprehensive Economic Partnership
Agreement DAPM - Depar tment of Administration and
Personnel Management
CEPR - Centre for Economic Policy Research
DBOD - Department of Banking Operations
CEPT - Common External Preferential Tariff
and Development
CFMS - Centralised Funds Management
DBS - Department of Banking Supervision
System
DC-DB - Defined Contribution- Defined Benefit
CFS - Consolidated Financial Statement
DCA - Debtor-Creditor Agreement
CFTS - Centralised Funds Transfer System
DCCB - District Central Co-operative Bank
CGRA - Currency and Gold Revaluation
Account DCM - Department of Currency Management
CGTSI - Credit Guarantee Fund Trust for Small DEAP - Department of Economic Analysis and
Industries Policy
CIB - Capital Indexed Bond DEBC - Depar tment of Expenditure and
Budgetary Control
CIBIL - Credit Information Bureau of India
Limited DEIO - Department of External Investments
and Operations
CIS - Commonwealth of Independent States
DESACS - Department of Statistical Analysis and
CLA - Central Listing Authority
Computer Services
CLF - Collateralised Lending Facility
DFHI - Discount and Finance House of India
COD - Central Office Department
DFI - Development Finance Institution
CoR - Certificate of Registration
DFID - Department For International
CPIS - Coordinated Portfolio Investment Development
Survey
DFRC - Duty Free Replenishment Certificate
CPI - Consumer Price Index
DGBA - Department of Government and Bank
CPI-IW - Consumer Price Index for Industrial Accounts
Workers
DGCI&S - Directorate General of Commercial
CPR - Consolidated Prudential Report Intelligence and Statistics
CP - Commercial Paper DICGC - Deposit Insurance and Credit
Guarantee Corporation
CPSS - Committee on Payment and
Settlement Systems DIT - Department of Information Technology
CPSU - Central Power Sector Utility DNBS - Department of Non-Banking
Supervision
CRAR - Capital to Risk Weighted Assets Ratio
DNSS - Deferred Net Settlement System
CRM - Country Risk Management
DP - Depository Participant
CRR - Cash Reserve Ratio
DRDA - District Rural Development Agency
CSGL - Constituents' Subsidiar y General
Ledger Account DRG - Development Research Group

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 LIST OF ABBREVIATIONS

DRI - Differential Rate of Interest FCNRA - Foreign Currency Non-Resident

Account
DRS - Disaster Recovery System
FCNR(B) - Foreign Currency Non-Resident
DSS - Debt Swap Scheme (Banks)
DRT - Debt Recovery Tribunal FCRA - Forward Contract Regulation Act
DTA - Domestic Tariff Area FCCB - Foreign Currency Convertible Bond
DTL - Demand and Time Liabilities FDI - Foreign Direct investment
DvP - Delivery versus Payment FEDAI - Foreign Exchange Dealers’
DWCRA - Development of Women and Children Association of India
in Rural Areas FED - Foreign Exchange Department
EC - Exchange Control FEMA - Foreign Exchange Management Act
ECB - External Commercial Borrowing FER - Foreign Exchange Reserves
ECD - Exchange Control Department FET-ERS - Foreign Exchange Transactions -
ECGC - Export Credit Guarantee Corporation Electronic Reporting System

ECN - Electronic Communication Network FI - Financial Institution

ECR - Export Credit Refinance FII - Foreign Institutional Investor

ECS - Electronic Clearing Services FIIS - Farm Insurance Income Scheme

EDI - Electronic Data Interchange FIMMDA - Fixed Income Money Market and
Derivatives Association of India
EDIFAR - Electronic Data Information Filing and
Retrieval FMCG - Fast Moving Consumer Goods

EEA - Exchange Equalisation Account FRA - Forward Rate Agreement

EEFC - Exchange Earners' Foreign Currency FRB - Floating Rate Bond

Account FRBM - Fiscal Responsibility and Budget
EFC - Eleventh Finance Commission Management

EFT - Electronic Funds Transfer FRL - Full Reservoir Level

EKMS - Enterprise Knowledge Management FSSA - Financial System Stability

System Assessments

EME - Emerging Market Economy FTP - Financial Transaction Plan

EMM - Enterprise Maturity Model FTT - Foreign Travel Tax

EMU - European Monetary Union G-20 - Group of Twenty

EOU - Export Oriented Unit GAAP - Generally Accepted Accounting

Principles
EPCG - Export Promotion Capital Goods
GATS - General Agreement on Trade in
ESCAP - Economic and Social Commission for Services
Asia and the Pacific
GATT - General Agreement on Tariffs and
ESOP - Employees Stock Option Plan Trade
EU - European Union GB - Giga-bytes
EXIM - Export Import GCF - Gross Capital Formation
FAQ - Frequently Asked Question GDCF - Gross Domestic Capital Formation
FCA - Foreign Currency Assets GDP - Gross Domestic Product
FCI - Food Corporation of India GDS - Gross Domestic Saving

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 LIST OF ABBREVIATIONS

GDR - Global Depository Receipt IDFC - Infrastructure Development Finance

Company
GFCF - Gross Fixed Capital Formation
IDL - Intra-day Liquidity
GFD - Gross Fiscal Deficit
IDMD - Internal Debt Management
GIC - General Insurance Corporation of Department
India
IDR - Indian Depository Receipt
GoI - Government of India
IDRBT - Institute for Development and
GRF - Guarantee Redemption Fund Research in Banking Technology
GSO - Green Shoe Option IEA - International Energy Agency
GST - Goods and Services Tax IECD - Industrial and Export Credit
GTB - Global Trust Bank Department

HACCP - Hazard Analysis and Critical Control IEM - Industrial Entrepreneurs Memoranda
Points IFC - International Finance Corporation
HFC - Housing Finance Company IFCI - Industrial Finance Corporation of India
HFT - Held for Trading IFI - International Financial Institution
HLCCFCM - High Level Co-ordination Committee IFR - Investment Fluctuation Reserve
on Financial and Capital Market
IIBI - Industrial Investment Bank of India
HR - Human Resources
IIP - Index of Industrial Production
HRDD - Human Resources Development
Department IIP - International Investment Position
HTM - Held to Maturity IIT - Indian Institute of Technology
HUDCO - Housing and Urban Development IMD - India Meteorological Department
Corporation
IMF - International Monetary Fund
IAS - Integrated Accounting System
IMFC - International Monetary and Financial
IASC - Inspection and Audit Sub-Committee Committee
IATT - Inland Air Travel Tax INFINET - Indian Financial Network
IBA - Indian Banks’ Association IOSCO - International Organisation of
Securities Commissions
IBS - International Banking Statistics
IPO - Initial Public Offering
ICA - Inter-creditor Agreement
IRB - Internal Rating Based
ICAI - Institute of Chartered Accountants of
India IRDA - Insurance Regulatory and
Development Authority
ICC - International Credit Card
IRF - Interest Rate Future
ICCOMS - Integrated Computerised Currency
Operation and Management System IRS - Interest Rate Swap
ICDs - Inter-corporate Deposits ISA - Information System Audits
ICG - Interactive Co-ordination Group ISP - Information Security Policy
ICOR - Incremental Capital Output Ratio ISN - International System of Nomenclature
ID - Inspection Department IT - Information Technology
IDC - International Data Corporation ITES-BPO - Infor mation Technology Enabled
Ser vices and Business Process
IDBI - Industrial Development Bank of India Outsourcing

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 LIST OF ABBREVIATIONS

JCI - Jute Corporation of India MPI - Macro-Prudential Indicator

JNIDB - Jawaharlal Nehru Institute of MRTP - Monopolies and Restrictive Trade
Development Banking Practices
JPC - Joint Parliamentary Committee MSCS - Multi-State Co-operative Societies
JV - Joint Venture MSS - Market Stabilisation Scheme
KCC - Kisan Credit Card MSP - Minimum Support Price
KVIC - Khadi and Village Industries MTFRP - Medium-Term Fiscal Reforms
Commission Programme
KYC - Know Your Customer MW - Mega Watts
LAB - Local Area Bank NABARD - National Bank for Agriculture and Rural
Development
LAF - Liquidity Adjustment Facility
NASSCOM - National Association of Software and
LAN - Local Area Network Services Companies
LaR - Liquidity at Risk NAFED - National Agricultural Co-operative
LBS - Locational Banking Statistics Marketing Federation

LC - Letter of Credit NAV - Net Asset Value

LD - Legal Department NFA - Net Foreign Assets

LIC - Life Insurance Corporation of India NHB - National Housing Bank

LIBOR - London Inter-Bank Offered Rate NBFC - Non-Banking Financial Company

LIFFE - London Inter-Bank Financial Futures NCAER - National Council of Applied Economic
Exchange Research

LPA - Long Period Average NCD - Non-Convertible Debenture

LPG - Liquefied Petroleum Gas NDA - Net Domestic Assets

LTO - Long Term Operations NDS - Negotiated Dealing System

LVPS - Large Value Payment Systems NDTL - Net Demand and Time Liabilities

M&A - Merger and Acquisition NEP - National Electricity Policy

M3 - Broad Money NEER - Nominal Effective Exchange Rate

MASI - Management Audit Systems NEFT - National Electronic Funds Transfer

Inspection NFBS - National Family Benefit Scheme
MAT - Minimum Alternate Tax NGO - Non-Government Organisation
MB - Mega-byte NHAI - National Highway Authority of India
MBS - Mortgage-Backed Securities NHB - National Housing Bank
MFA - Multi Fibre Agreement NIAS - National Impact Assessment Survey
MG - Mahatma Gandhi NIBM - National Institute of Bank Management
MICR - Magnetic Ink Character Recognition NIC - National Industrial Credit
MIFOR - Mumbai Inter-Bank Forward Offered Rate NMBS - National Maternity Benefit Scheme
MIS - Management Information System NMS - Network Management System
MNBC - Miscellaneous Non-Banking Company NOAPS - National Old Age Pension Scheme
MoU - Memorandum of Understanding NOF - Net Owned Fund
MPBF - Maximum Permissible Bank Finance NPA - Non-Performing Asset

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 LIST OF ABBREVIATIONS

NPC - National Payments Council PAT - Profit After Tax

NRB - Nepal Rastra Bank PBT - Profit Before Tax
NRE - Non-Resident External PCA - Prompt Corrective Action
NRI - Non-Resident Indian PCD - Partially Convertible Debenture
NR(NR)RD - Non-Resident (Non-Repatr iable) PD - Premises Department
Rupee Deposits
PD - Primary Dealer
NRO - Non-Resident Ordinary Accounts
PDO - Public Debt Office
NRSR - Non-Resident Special Rupee Deposits
PDS - Public Distribution System
NSAP - National Social Assistance
Programme PFC - Power Finance Corporation

NSC - National Statistical Commission PFI - Public Financial Institution

NSE - National Stock Exchange PIO - Person of Indian Origin

NSSF - National Small Saving Fund PKI - Public Key Infrastructure

NSE-MIBOR - National Stock Exchange-Mumbai PLR - Prime Lending Rate

Inter-Bank Offered Rate P&L - Profit and Loss
NSDL - National Securities Depository Ltd. PMGSY - Pradhan Mantri Gram Sadak Yojana
NSF - Net Satisfaction Factor PMGY - Pradhan Mantri Gramodaya Yojana
NSS - National Settlement System PMO - Primary Market Operations
NIC - National Industrial Credit PMRY - Prime Minister's Rozgar Yojana
O&M - Operation and Maintenance
PMS - Portfolio Management Services
OBC - Oriental Bank of Commerce
POL - Petroleum, Oil and Lubricants
OBCs - Other Backward Classes
PRD - Press Relations Division
OBU - Offshore Banking Unit
PSB - Public Sector Bank
OCB - Overseas Corporate Body
PSRS - Prudential Supervisory Reporting
OD - Overdraft System

OECD - Organisation for Economic PSSC - Payment and Settlement Systems

Cooperation and Development Committee

OERS - Optional Early Retirement Scheme PSU - Public Sector Undertaking

OLTAS - Online Tax Accounting Systems PTA - Preferential Trading Agreement

OMO - Open Market Operation QIS - Quantitative Impact Study

ONGC - Oil and Natural Gas Commission RBS - Risk-Based Supervision
OPAC - Online Public Access Catalogue RBSB - Reserve Bank Services Board
OPEC - Organisation of Petroleum Exporting RBSC - Reserve Bank Staff College
Countries
RC - Reconstruction Companies
OSMOS - Off-site Monitoring and Surveillance
RD - Revenue Deficit
OTCEI - Over-the-Counter Exchange of India
RDBMS - Relational Data Base Management
OTS - One-Time Settlement System
OWS - Other Welfare Schemes REC - Rural Electrification Corporation
PAS - Performance Appraisal System REER - Real Effective Exchange Rate

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 LIST OF ABBREVIATIONS

RFC(D) - Resident Foreign Currency (Domestic) SDDS - Special Data Dissemination Standards
Repo - Ready Forward/Repurchase Agreement SDF - Submission of Declaration Form
RIB - Resurgent India Bond SDRM - Sovereign Debt Restructuring
Mechanism
RIDF - Rural Infrastructure Development
Fund SDR - Special Drawing Right
RIN - Risk Intelligence Network SEBI - Securities and Exchange Board of India

RNBC - Residuary Non-Banking Company SEB - State Electricity Board

RO - Regional Office SEFER - Securities held as Foreign Exchange

Reserves
ROA - Return on Total Assets
SEFT - Special Electronic Funds Transfer
ROE - Return on Equity
SERC - State Electricity Regulatory
RPCD - Rural Planning and Credit Department Commission
RPT - Risk Profile Template SEZ - Special Economic Zone
RRB - Regional Rural Bank SFC - State Financial Corporation
RSSS - Recommendations for Securities SFMS - Structured Financial Messaging
Settlement System Solution
RTGS - Real Time Gross Settlement SGL - Subsidiary General Ledger
RTIA - Regional Trade and Investment Area SGSY - Swarnajayanti Gram Swarozgar Yojana
RTP - Reserve Tranche Position SHG - Self-Help Group
SAARC - South Asian Association for Regional SHPI - Self-Help Promoting Institutions
Cooperation
SIDBI - Small Industrial Development Bank of
SACP - Special Agricultural Credit Plan India
SAD - Special Additional Duty SIDC - Small Industries Development
Corporation
SAFE - South Asian Federation of Stock
Exchanges SIFI - Systemically Important Financial
Intermediary
SAFTA - South Asian Free Trade Agreement
SIPS - Systemically Important Payment
SAPTA - South Asian Preferential Trade
System
Agreement
SITP - Strategic Information Technology Plan
SARFAESI Act - Securitisation and Reconstruction of
Financial Assets and Enforcement of SJSRY - Swar na Jayanthi Shahari Rozgar
Security Interest Act, 2002 Yojana
SARB - South African Reserve Bank SLR - Statutory Liquidity Ratio
SARS - Severe Acute Respiratory Syndrome SLRS - Scheme of Liberation and
Rehabilitation of Scavengers
SASF - Stressed Assets Stabilisation Fund
SME - Small and Medium Enterprise
SBI - State Bank of India
SMP - Statutory Minimum Price
SBS - Shredding and Briquetting System
SOR - States' Own Revenue
SC - Securitisation Companies
SPSU - State Public Sector Undertaking
SCB - Scheduled Commercial Bank
SPV - Special Purpose Vehicle
SC - Scheduled Caste
SSI - Small Scale Industry
SCRA - Securities Contracts (Regulation)
Act, 1956 SSS - Securities Settlement System

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 LIST OF ABBREVIATIONS

STP - Straight Through Processing UR - Uruguay Round

STRIPS - Separate Trading for Registered URIF - Urban Reforms Incentive Fund
Interest and Principal of Securities
VAMNICOM - Vaikunth Mehta National Institute of
ST - Scheduled Tribe Co-operative Management
SIFI - Systemically Impor tant Financial VaR - Value at Risk
Intermediaries
VAR - Vector Auto Regression
SWIFT - Society for Worldwide Inter-bank
Financial Telecommunications VAT - Value Added Tax

TAC - Technical Advisory Committee VRS - Voluntary Retirement Scheme

TBT - Technical Barriers to Trade WADR - Weighted Average Discount Rate

TFCI - Tourism Finance Corporation of India WAN - Wide Area Network

TFPG - Total Factor Productivity Growth WCDL - Working Capital Demand Loan

TIN - Tax Information Network WDM - Wholesale Debt Market

ToR - Terms of Reference WHO - World Health Organization

TPA - Tri-Partite Agreement WMA - Ways and Means Advance

TPDS - Targeted Public Distribution System WOS - Wholly Owned Subsidiaries

TQM - Total Quality Management WPI - Wholesale Price Index

TUFS - Technology Upgradation Fund Scheme WSS - Weekly Statistical Supplement

UBD - Urban Banks Department WTO - World Trade Organization

UCB - Urban Co-operative Bank XLRI - Xavier Labour Relations Institute

UIP - Uncovered Interest Parity Y-on-Y - Year-on-Year

UNCTAD - United Nations Conference for Trade YTM - Yield-to-Maturity

and Development ZTC - Zonal Training Centres

This Report can also be accessed on Internet

URL : www.rbi.org.in

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