Banking Terminology (Abbreviations)




ACF: Auto–Correlation Function

AD: Authorized Dealer

ADB: Asian Development Bank

ADR: American Depository Receipt

AFS: Annual Financial Statement

AGM: Annual General Meeting

AIRCSC: All India Rural Credit Survey Committee

AO: Additive Outliers

AR: Auto Regression

ARIMA: Auto–Regressive Integrated Moving Average

AFS: Available For Sale

ASSOCHAM: Associated Chambers of Commerce and Industry of India

ATM: Asynchronous Transfer Mode

ATM: Automated Teller Machine

BIS: Bank for International Settlements

BOI: Bank of India

BoP: Balance of Payments

BPM5: Balance of Payments Manual, 5th edition

BPSD: Balance of Payments Division, DESACS, RBI

BSCS: Basel Committee on Banking Supervision

BSR: Basic Statistical Returns

CAD: Capital Account Deficit

CAG: Controller and Auditor General of India

CBS: Consolidated Banking Statistics

CC: Cash Credit

CD: Certificate of Deposit

CD: Ratio Credit Deposit Ratio

CDBS: Committee of Direction on Banking Statistics

CF: Company Finance

CFRA: Combined Finance and Revenue Accounts

CGRA: Currency and Gold Revaluation Account

CII: Confederation of Indian Industries

CO: Capital Outlay

CP: Commercial Paper

CPI: Consumer Price Index

CPI–IW: Consumer Price Index for Industrial Worker

CR: Capital Receipts

CRAR: Capital to Risk Weighted Asset Ratio

CRR: Cash Reserve Ratio

CSIR: Council of Scientific and Industrial Research

CSO: Central Statistical Organisation

CVC: Central Vigilance Commission

DAP: Development Action Plan

DBOD: Department of Banking Operations and Development

DBS: Department of Banking Supervision RBI

DCA: Department of Company Affairs, (Now known as Ministry of Companies Affairs, MCA) Government of India

DCB: Demand Collection and Balance

DCCB: District Central Cooperative Bank

DCM: Department of Currency Management, RBI

DD: Demand Draft

DDS: Data Dissemination Standards

DEIO: Department of External Investments and Operations

DESACS: Department of Statistical Analysis & Computer Services, RBI

DGBA: Department of Government and Bank Accounts, RBI

DGCI&S: Directorate General of Commercial Intelligence and Statistics

DI: Direct Investment

DICGC: Deposit Insurance and Credit Guarantee Corporation of India

DID: Discharge of Internal Debt

DMA: Departmentalized Ministries Account

DRI: Differential Rate of Interest Scheme

DSBB: Dissemination Standards Bulletin Board

DVP: Delivery versus Payment

ECB: External Commercial Borrowing

ECB: European Central Bank

ECGC: Export Credit and Guarantee Corporation

ECS: Electronic Clearing Scheme

EDMU: External Debt Management Unit

EEA: Exchange Equalization Account

EEC: European Economic Community

EEFC: Exchange Earners Foreign Currency

EFR: Exchange Fluctuation Reserve

EPF: Employees Provident Fund

EUR: Euro

EXIM: Bank Export Import Bank of India

FCA: Foreign Currency Assets

FCCB: Foreign Currency Convertible Bond

FCNR(B): Foreign Currency Non–Resident (Banks)

FCNRA: Foreign Currency Non–Resident Account

FCNRD: Foreign Currency Non–Repatriable Deposit

FDI: Foreign Direct Investment

FEMA: Foreign Exchange Management Act

FI: Financial Institution

FICCI: Federation of Indian Chambers of Commerce and Industry

FII: Foreign Institutional Investor

FIMMDA: Fixed Income Money Market and Derivatives Association of India

FISIM: Financial Intermediation Services Indirectly Measured

FLAS: Foreign Liabilities and Assets Survey

FOF: Flow of Funds

FPI: Foreign Portfolio Investment

FRA: Forward Rate Agreement

FRBM: Fiscal Responsibility and Budget Management Act, 2003

FRN: Floating Rate Note

FSS: Farmers’ Service Societies

FWG: First Working Group on Money supply

GDP: Gross Domestic Product

GDR: Global Depository Receipt

GFD: Gross Fiscal Deficit

GFS: Government Finance Statistics

GIC: General Insurance Corporation

GLS: Generalized Least Squares

GNIE: Government Not Included Elsewhere

GoI: Government of India

GPD: Gross Primary Deficit

G–Sec: Government Securities

HDFC: Housing Development Finance Corporation

HFT: Held For Trading

HICP: Harmonised Index of Consumer Prices

HO: Head Office

HUDCO: Housing & Urban Development Corporation

IBRD: International Bank for Reconstruction and Development

IBS: International Banking Statistics

ICAR: Indian Council of Agricultural Research

ICICI: Industrial Credit and Investment Corporation of India

ICMR: Indian Council of Medical Research

IDB: India Development Bonds

IDBI: Industrial Development Bank of India

IDD: Industrial Development Department

IFAD: International Fund for Agricultural Development

IFC: International Finance Corporation

IFC(W): International Finance Corporation (Washington)

IFCI: Industrial Finance Corporation of India

IFR: Investment Fluctuation Reserve Account

IFS: International Financial Statistics

IGLS: Iterative Generalized Least Squares

IIBI: Industrial Investment Bank of India

IIP: Index of Industrial Production

IIP/InIP: International Investment Position

IMD: India Millennium Deposits

IMF: International Monetary Fund

IN: India

INR: Indian Rupee

IOTT: Input–Output Transaction Table

IP: Interest Payment

IRBI: Industrial Reconstruction Bank of India

ISDA: International Swaps and Derivative Association

ISIC: International Standard Industrial Classification

ISO: International Standards Organization

ITRS: International Transaction Reporting System

IWGEDS: International Working Group on External Debt Statistics

KVIC: Khadi & Village Industries Corporation

LAF: Liquidity Adjustment Facility

LAMPS: Large–sized Adivasi Multipurpose Societies

LAS: Loan & Advances by States

LBD: Land Development Bank

LBS: Locational Banking Statistics

LERMS: Liberalised Exchange Rate Management System

LIC: Life Insurance Corporation of India

LS: Level Shift

LT: Long Term

LTO: Long Term Operation

M1: Narrow Money

M3: Broad Money

MA: Moving Average

MCA: Ministry of Company Affairs

MIGA: Multilateral Investment Guarantee Agency

MIS: Management Information System

MMSE: Minimum Mean Squared Errors

MoF: Ministry of Finance

MOF: Master Office File

MRM: Monitoring and Review Mechanism

MSS: Market Stabilisation Scheme

MT: Mail Transfer

MTM: Mark–To–Market


NABARD: National Bank for Agriculture and Rural Development

NAC (LTO): National Agricultural Credit (Long Term Operation)

NAIO: Non–Administratively Independent Office

NAS: National Account Statistics

NASSCOM: National Association of Software and Services Companies

NBC: Non–Banking Companies

NBFC: Non–Banking Financial Companies

NEC: Not Elsewhere Classified

NEER: Nominal Effective Exchange Rate

NFA: Non–Foreign Exchange Assets

NFD: Net Fiscal Deficit

NGO: Non–Governmental Organization

NHB: National Housing Bank

NIC: National Industrial Classification

NIF: Note Issuance Facility

NNML: Net Non–Monetary Liabilities

NPA: Non–Performing Assets

NPD: Net Primary Deficit

NPRB: Net Primary Revenue Balance

NPV: Net Present Value

NR(E)RA: Non–Resident (External) Rupee Account

NR(NR)RA: Non–Resident (Non–Repatriable) Rupee Account

NRE: Non–Resident External

NRG: Non–Resident Government

NRI: Non–Resident Indian

NSC: National Statistical Commission

NSSF: National Small Savings Fund

OD: Over Draft

ODA: Official Development Assistance

OECD: Organisation for Economic Cooperation and Development

OECO: Organisation for Economic Co–operation

OFI: Other Financial Institutions

OLTAS: On–Line Tax Accounting System

OMO: Open Market Operations

OSCB: Other Indian Scheduled Commercial Bank

PACF: Partial Auto–Correlation Function

PACS: Primary Agriculture Credit Societies

PCARDB: Primary Cooperative Agriculture and Rural Development Bank

PD: Primary Deficit

PDAI: Primary Dealers Association of India

PDO: Public Debt Office

PDO–NDS: Public Debt Office–cum–Negotiated Dealing System

PDs: Primary Dealers

PES: Public Enterprises Survey PF Provident Fund

PIO: Persons of Indian Origin

PNB: Punjab National bank

PO: Principal Office

PRB: Primary Revenue Balance

PSE: Public Sector Enterprises

PUC: Paid Up Capital

QRR: Quick Review Report

RBI: Reserve Bank of India

RD: Revenue Deficit

RDBMS: Relational Database Management System

RE: Revenue Expenditure

REC: Rural Electrification Corporation

REER: Real Effective Exchange Rate

RFC: Residents Foreign Currency

RIB: Resurgent India Bonds

RIDF: Rural Infrastructure Development Fund

RLA: Recoveries of Loans & Advances

RLC: Repayment of Loans to Centre

RMB: Renminbi (Chinese)

RNBC: Residuary Non–Banking Companies

RO: Regional Office

RoCs: Registrars of Companies

RPA: Rupee Payment Area

RPCD: Rural Planning and Credit Department RBI

RR: Revenue Receipts

RRB: Regional Rural Bank

RTP: Reserve Tranche Position

RUF: Revolving Underwriting Facility

RWA: Risk Weighted Asset

SAM: Social Accounting Matrix

SAS: Statistical Analysis System

SBI: State Bank of India

SC: Schedule Caste

SCARDB: State Cooperative Agriculture and Rural Development Bank

SCB: State Cooperative Bank

SCB: Scheduled Commercial Bank

SCS: Size Class Strata

SDDS: Special Data Dissemination Standards

SDR: Special Drawing Right

SEBI: Securities and Exchange Board of India

SEBs: State Electricity Boards

SFC: State Financial Corporation

SGL: Subsidiary General Ledger

SGSY: Swarnajayanthi Gram Swarrojgar Yojana

SHGs: Self–Help Groups

SIDBI: Small Industries Development Bank of India

SIDC: State Industrial Development Corporation

SI–SPA: Systems Improvement Scheme under Special Project Agriculture

SJSRY: Swarna Jayanti Shahari Rojgar Yojana

SLR: Statutory Liquidity Ratio

SLRS: Scheme for Liberation & Rehabilitation of Scavengers

SMG: Standing Monitoring Group

SNA: System of National Accounts

SRWTO: Small road & Water Transport Operators

SSI: Small–Scale Industries

SSSBEs: Small Scale Service & Business Enterprises

ST: Schedule Tribe

SWG: Second Working Group on Money Supply

TBs: Treasury Bills

TC: Temporary Change

TT: Telegraphic Transfer

UBB: Uniform Balance Book

UBD: Urban Banks Department

UCB: Urban Cooperative Bank

UCN: Uniform Code Number

US: United States

USD: US Dollars

UTI: Unit Trust of India

VC: Venture Capital

WGMS: Working Group on Money Supply: Analytics and Methodology of Compilation

WPI: Wholesale Price Index

WSS: Weekly Statistical Supplement

YTM: Yield to Maturity

ZO: Zonal Office

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