Abbreviations / Acronyms, Important Terms, And Definitions Related To NRI / PIO / OCI

Here is the list of most wanted abbreviations / acronyms, important terms, and definitions related to NRI / PIO / OCI / OCB. If you find an important item is not listed, please add a comment with its highlights in the field.

AAC: Annual Activity Certificate
AAR: Authority for Advance Rulings
AD: Authorized Dealers (FEMA)
ADR: American Depository Receipt
AIC: All-in-Cost
AIF: Alternative Investment Funds
AMP: Average Maturity Period
AOA: Article of Association
ARC: Asset Reconstruction Company
B2B: Business to Business
B2C: Business to Consumer
BO: Branch Office
BTQ: Basic Travel Quota
CAC: Capital Account Convertibility
CBI: Central Bureau of Investigation
CEFA: Cell for Effective implementation of FEMA
CEO: Chief Executive Officer
CG: Public Sector guarantee
CIRP: Corporate Insolvency Resolution Process
CMD: Chief Managing Director
CPA: Certified Public Accountant
DBR: Department of Banking Regulation
DIN: Director Identification Number
DIPP: Department of Industrial Policy and Promotion
DOE: Department of Energy
DR: Depository Receipt
DSIM: Department of Statistics and Information Management
DTA:  Domestic Tariff Area
ECA: Export Credit Agency
ECB: External Commercial Borrowings
EODB: Ease of Doing Business
EOU: Export Oriented Unit
ESOPS: Employees Stock Option Scheme
EURIBOR: Euro Interbank Offered Rate
FATF: Financial Action Task Force
FCCB: Foreign Currency Convertible Bond
FCEB: Foreign Currency Exchangeable Bond
FC-GPR: Foreign Currency - General Purchase Register
FCNR: Foreign Currency Non-Repatriable Account
FCNR (B) Account: Foreign Currency (Non-Resident) Accounts (Banks)
FC-TRS: Foreign Currency- Transfer of Shares
FCY: Foreign Currency
FDI: Foreign Direct Investment
FED: Foreign Exchange Department
FEMA: Foreign Exchange Management Act
FERA: Foreign Exchange Regulation Act
FI: Financial Institution guarantee
FII: Foreign Institutional Investor
FIIA: Foreign Investment Implementation Authority
FIPB: Foreign Investment Promotion Board
FPI: Foreign Portfolio Investor
FRRO: Foreigners Regional Registration Office
FTWZ: Free Trade and Warehousing Zone
FVCI: Foreign Venture Capital Investor
FY: Financial Year
GDP: Gross Domestic Product
GDR: Global Depository Receipt
GG: Govt. of India guarantee
GMPCS: Global Mobile Personal Communications Services
GST: Goods and Services Tax
HUF: Hindu Undivided Family
IC: Import of capital goods
ICDR: Issue of Capital and Disclosure Requirements
IEC: Import Export Code
IEM: Industrial Entrepreneur’s Memorandum
IF: Infrastructure development
IFSC: International Financial Services Centre
INR:  Indian Rupee
InvIts: Infrastructure Investment Trusts
IPO: Initial Public Offer
IVCU: Indian Venture Capital Undertaking
JV: Joint Venture
KYC: Know Your Customer
LIBOR: London Interbank Offered Rate
LIN: Loan Identity Number
LLP: Limited Liability Partnership
LO: Liaison Office
LOC: Letter of Comfort
LRN: Loan Registration Number
LRS: Liberalised Remittance Scheme
MB: Multilateral / Bilateral Institution guarantee
MD: Managing Director
ME: Modernisation / Expansion of existing units
MF: Micro Finance activity
MII: Make in India Initiative
MOA: Memorandum of Association
MRTP: Monopolies and Restrictive Trade Practices
MS: Mortgage of assets/ security
M-SIPS: Modified Special Incentive Package Scheme
NBFC: Non-Banking Financial Company
NGO: Non-Profit Organisation
NIMZ: National Investment & Manufacturing Zones
NN: Not guaranteed
NOC: No Objection Certificate
NP: New Project
NRE: Account: Non-Resident (External) Rupee Accounts
NRI: Non-Resident Indian
NRIs: Non Resident Indians
NRO: Account: Ordinary Non-Resident Rupee Accounts
OCB: Overseas Corporate Bodies
OECD: Organisation for Economic Co-operation and Development
OG: Other guarantee
OI: Overseas investment in JV / WOS
OT: Others (specify)
PAN: Permanent Account Number
PB: Public Sector Bank guarantee
PFRDA: Pension Fund Regulatory and Development Authority
PG: Private Bank guarantee
PI: Portfolio Investments
PIO: Person of Indian Origin
PMRTS: Public Mobile Radio Trunked Services
PO: Project Office
PRI: Person Resident in India
PS: Private Sector guarantee
QIB: Qualified Institutional Buyer
QII: Qualified Institutional Investor
RB: Redemption of FCCBs
RBI: Reserve Bank of India
RC: Working capital/ general corporate purpose
RF: Refinancing of earlier ECB
RFPI: Registered Foreign Portfolio Investor
RL: Local sourcing of capital goods (Rupee expenditure)
ROC: Registrar of Companies
RR: Refinancing of rupee loans
SARFAESI Act: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
SAST: Substantial Acquisition of Shares and Takeovers
SEBI: Securities and Exchange Board of India
SEZ:  Special Economic Zone
SIA: Secretariat for Industrial Assistance
SIDBI: Small Industries Development Bank of India
SL: On-lending or sub-lending
SR: Security Receipts
TAN: Tax Deduction Account Number
TC: Trade Credit
TCC: Tax Clearance Certificate
TDR: Transferable Development Rights
UIN: Unique Identification Number
USD: United States Dollar
UT: Union Territory
VCF: Venture Capital Fund
WDV: Written Down Value
WoS: Wholly owned Subsidiary
XBRL: eXtensible Business Reporting Language