We often use acronyms and abbreviations everywhere and it may sometimes become jargon to common people. There is no exemption in financial products too. The expanded form or meaning of acronyms and abbreviations avoid misunderstanding about products and services a common man want to acquire it. Here we can see commonly used Acronyms and Abbreviations of Indian Banking system in alphabetic order.
Abbreviations and Acronyms in Indian Banking System - A
ACF: Auto-Correlation Function
AD: Authorized Dealer
ADB: Asian Development Banka
ADR: American Depository Receipt
AFS: Annual Financial Statement
AFS: Available For Sale
AGM: Annual General Meeting
AIRCSC: All India Rural Credit Survey Committee
AO: Additive Outliers
AR: Auto Regression
ARCs: Asset Reconstruction Companies
ARIMA: Auto-Regressive Integrated Moving Average
ASSOCHAM: Associated Chambers of Commerce and Industry of India
ATM: Asynchronous Transfer Mode
ATM: Automated Teller Machine
Abbreviations and Acronyms in Indian Banking System - B
BIFR: Board for Industrial and Financial Reconstruction
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
BSE: Bombay Stock Exchange
BSR: Basic Statistical Returns
Abbreviations and Acronyms in Indian Banking System - C
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
CDSL: Central Depository Services Ltd.
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 Workers
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
Abbreviations and Acronyms in Indian Banking System - D
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
DRAT: Debt Recovery Appellate Tribunal
DRI: Differntial Rate of Interest Scheme
DRTs: Debt Recovery Tribunals
DSBB: Dissemination Standards Bulletin Board
DVP: Delivery versus Payment
Abbreviations and Acronyms in Indian Banking System - E
ECB: External Commercial Borrowings
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
Abbreviations and Acronyms in Indian Banking System - F
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 Manual on Financial and Banking Statistics
Abbreviations and Acronyms in Indian Banking System - G
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
Abbreviations and Acronyms in Indian Banking System - H
HDFC: Housing Development Finance Corporation
HFT: Held For Trading
HICP: Harmonised Index of Consumer Prices
HO: Head Office
HUDCO: Housing & Urban Development Corporation
Abbreviations and Acronyms in Indian Banking System - I
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
Abbreviations and Acronyms in Indian Banking System - K
KVIC: Khadi & Village Industries Corporation
Abbreviations and Acronyms in Indian Banking System - L
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
LLSV: Papers by La Porta, Rafael, Florencio Lopez-de-Silanes, Andrei Shleifer, and Robert Vishny
LS: Level Shift
LT: Long Term
LTO: Long Term Operation
LTV: Loan To Value
Abbreviations and Acronyms in Indian Banking System - M
M1: Narrow Money
M3: Broad Money
MA: Moving Average
MCA: Ministry of Company Affairs
MFIs: Micro financial Institutions
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
Abbreviations and Acronyms in Indian Banking System - N
NABARD: National Bank for Agricultural and Rural Development
NABARD: National Bank for Agriculture and Rural Development
NAC(LTO): National Agricultural Credit (Long Term Operatiion)
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
NPA: Non-Performing Assets
NPD: Net Primary Deficit
NPL: Non Performing Loan
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
NSCCL: National Securities Clearing Corporation Ltd.
NSDL: National Securities Depository Ltd.
NSE: National Stock Exchange
NSSF: National Small Savings Fund
Abbreviations and Acronyms in Indian Banking System - O
OD: Over Draft
ODA: Official Development Assistance
OECD: Organisation for Economic Cooperation and Development
OECO: Organisaton for Economic Co-operation
OFI: Other Financial Institutions
OLTAS: OnLine Tax Accounting System Manual on Financial and Banking Statistics
OMO: Open Market Operations
OSCB: Other Indian Scheduled Commercial Bank
Abbreviations and Acronyms in Indian Banking System - P
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
PLR: Prime Lending Rate
PML: Produce Marketing Loan
PNB: Punjab National bank
PO: Principal Office
PRB: Primary Revenue Balance
PSE: Public Sector Enterprises
PUC: Paid Up Capital
Abbreviations and Acronyms in Indian Banking System - Q
QRR: Quick Review Report
Abbreviations and Acronyms in Indian Banking System - R
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
ROAs : Return on Assets
RoCs: Registrars of Companies
ROE: Return on Equity
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
Abbreviations and Acronyms in Indian Banking System - S
SAM: Social Accounting Matrix
SARFAESI Act: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
SAS: Statistical Analysis System
SAT: Securities Appellate Tribunal
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 Exchanges Board of India
SEBI: Securities and Exchange Board of India
SEBs: State Electricity Boards
SEC: Securities and Exchanges Commission
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 Scavangers
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
Abbreviations and Acronyms in Indian Banking System - T
TBs: Treasury Bills
TC: Temporary Change
TT: Telegraphic Transfer
Abbreviations and Acronyms in Indian Banking System - U
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
Abbreviations and Acronyms in Indian Banking System - V
VC: Venture Capital
VCFs: Venture Capital Funds
Abbreviations and Acronyms in Indian Banking System - W
WDM: Wholesale Debt Market
WGMS: Working Group on Money Supply Analytics and Methodology of Compilation
WPI: Wholesale Price Index
WSS: Weekly Statistical Supplement
Abbreviations and Acronyms in Indian Banking System - Y
YTM: Yield to Maturity
Abbreviations and Acronyms in Indian Banking System - Z
ZO: Zonal Office
