List Of Select Abbreviations

List of Select Abbreviations

CALCS

Capital Adequacy, Asset Quality, Liquidity, Compliance and System

CAMELS

Association of Independent Consumer Credit Counselling Agencies

Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems and Control

CBLO

Collateralised Borrowing and Lending Obligation

AIFI

All-India Financial Institution

CBS

Core Banking Solutions

ALD

Aggregate Liabilities to the Depositor

CCC

Credit Counselling Canada

ALM

Asset-Liability Management

CCCS

Consumer Credit Counselling Service

AMC

Asset Management Company

CCDM

Credit Counselling and Debt Management

AML

Anti-Money Laundering

CCIL

Clearing Corporation of India Ltd.

ARC

Asset Reconstruction Company

CCP

Central Counter Party

ARCIL

Asset Reconstruction Company (India) Ltd.

CCS

Co-operative Credit Society

CD

Certificate of Deposit

CDBMS

Central Data Base Management System

CDF

Co-operative Development Fund

CDR

Corporate Debt Restructuring

AD

Authorised Dealer

ADR

American Depository Receipt

AFS

Available For Sale

AICCCA

ATM

Automated Teller Machine

BCBS

Basel Committee Supervision

BCP

Business Continuity Plans

CDRM

Corporate Debt Restructuring Mechanism

BCSBI

Banking Codes and Standards Boards of India

CEO

Chief Executive Officer

BFS

Board for Financial Supervision

CFMS

Centralised Funds Management System

BIFR

Board for Industrial and Financial Reconstruction

CFS

Consolidated Financial Statements

CFT

Combating Financing of Terrorism

BoP

Balance of Payments

CGTSI

BOS

Banking Ombudsman Scheme

Credit Guarantee Trust for Small Industries

BPLR

Benchmark Prime Lending Rate

CIBIL

Credit Information Bureau of India Limited

BPSS

Board for Payment and Settlement Systems

CLCC

Central Labour Co-ordination Committee

CLF

Collateralised Lending Facility

BR Act, 1949 Banking Regulation Act, 1949

CMP

Conflict Management Policy

BR Act, 1949 Banking Regulation Act, 1949 (as (aACS) Applicable to Co-operative Societies)

CP

Commercial Paper

CPOS

Central Point of Supervision

CPPAPS

Committee on Procedures and Performance Audit on Public Services

on

BSE

Stock Exchange, Mumbai

BSR

Basic Statistical Return

Banking

xix

CPSS

Committee on Payment Settlement System

and

CRAR

Capital to Risk-Weighted Assets Ratio

CRCS

Central Registrar of Co -operative Societies

CRR

EFT

Electronic Funds Transfer

EME

Emerging Market Economy

ESOP

Employee Stock Option Plans

ETF

Empowered Task Force

Cash Reserve Ratio

EWS

Early Warning System

CSA

Co-operative Societies Act

EXIM Bank

Export Import Bank of India

CSD

Customer Service Department

FAQs

Frequently Asked Questions

CSGL

Constituent Subsidiary General Ledger

FBT

Fringe Benefit Tax

FCAC

Fuller Capital Account Convertibility

CSO

Central Statistical Organisation

FCNR

Foreign Currency Non-Resident

CSOs

Civil Society Organisations

FCNR (B)

Foreign Currency Non-Resident (Banks)

CTR

Cash Transaction Report

FDI

Foreign Direct Investment

CTS

Cheque Truncation System

FDIC

Federal Deposit Insurance Corporation

CVC

Central Vigilance Commission

FEDAI

DAP

Development Action Plan

Foreign Exchange Dealers Association of India

DCCB

District Central Co-operative Bank

FFI

Foreign Financial Institution

DLIC

District Level Implementation Committee

FFMC

Full Fledged Money Changer

DCRR

Department for Co-operative Revival and Reforms

FI

Financial Institution

FIIs

Financial Institutional Investments

DFI

Development Finance Institution

FIMMDA

DICGC

Deposit Insurance and Credit Guarantee Corporation

Fixed Income Money Market and Derivatives Association of India

FINO

District Level Implementation and Monitoring Committee

Financial Information Network and Operations

FIPB

Foreign Investment Promotion Board

DMA

Direct Marketing Agent

FIU-IND

Financial Intelligence Unit - India

DPSS

Department of Payment Settlement Systems

FMC

Forward Market Commission

DRI

Differential Rate of Interest

FMD

Financial Market Department

DRT

Debt Recovery Tribunal

FRA

Forward Rate Agreement

DSA

Direct Sales Agent

FRB

Floating Rate Bond

DTL

Demand and Time Liability

FRBM Act

Fiscal Responsibility and Budget Management Act

DvP

Delivery versus Payments

FRMS

Fraud Reporting and Monitoring System

EBR

Export Bills Rediscounted

FSAP

Financial Sector Assessment Programme

ECB

External Commercial Borrowing

FSR

Financial Stability Report

ECGC

Export Credit Guarantee Corporation

FST

Financial Sector Technology

ECS

Electronic Clearing Service

GCC

General Credit Card

DLIC

and

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GCS

Gold Card Scheme

GDCF

Gross Domestic Capital Formation

GDP

Gross Domestic Products

GDR

Global Depository Receipt

GFD

Gross Fiscal Deficit

GIC

General Insurance Corporation of India

GLC

IRDA

Insurance Regulatory and Development Authority

IRS

Interest Rate Swap

IS

Information System

IT

Information Technology

ITGGSM

Internal Technical Group on Government Securities Market

General Lines of Credit

JPC

Joint Parliamentary Committee

GSA

Graded Supervisory Action

KCC

Kisan Credit Card

HFC

Housing Finance Companies

KVIB

Khadi and Village Industries Commission Board

HFT

Held for Trading

KYC

Know your Customer

HRD

Human Resource Development

LAB

Local Area Bank

HTM

Held To Maturity

LAF

Liquidity Adjustment Facility

IADI

International Association of Deposit Insurers

LIBOR

London Inter-Bank Offered Rate

IBS

International Banking Statistics

LIC

Life Insurance Corporation of India

ICAI

Institute of Chartered Accountants of India

LME

London Metal Exchange

LOLR

Lender of Last Resort

ICCOMS

Integrated Currency Chest Operations & Management System

LTCCI

Long-term Rural Co -operative Credit Institutions

IDBI

Industrial Development Bank of India

LTCCS

Long-Term Co-operative Credit Structure

M3

Broad Money

IDFC

Infrastructure Development Finance Company

MAP

Monitorable Action Plan

IDRBT

Institute for Development and Research in Banking Technology

MEDP

Micro Enterprise Development Programme

MFDEF

Micro Finance Development and Equity Fund

MFI

Micro-Finance Institution

MIBOR

Mumbai Inter-Bank Offer Rate

MICR

Magnetic Ink Character Recognition

MIS

Management Information System

MLRO

Money Laundering Reporting Office

MMBCS

Magnetic Media Based Clearing System

MNBC

Miscellaneous Non-Banking Companies

MoU

Memorandum of Understanding

MSS

Market Stabilisation Scheme

NABARD

National Bank for Agriculture and Rural Development

IFC

International Finance Corporation

IFR

Investment Fluctuation Reserve

IFSC

Indian Financial System Code

IIP

Index of Industrial Production

IMD

India Millennium Deposit

IMGC

Indian Mortgage Guarantee Company

INFINET

Indian Financial Network

IPA

Issuing and Payment Agent

IPDI

Innovative Perpetual Debt Instrument

IPO

Initial Public Offering

IRB

Internal Rating Based

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NAFCUB

National Federation of Urban Co operative Banks & Credit Societies Ltd.

NAFSCOB

National Federation of State Co operative Banks Ltd.

NAV

OECD

Organisation for Economic Corporation and Development

OLRR

On-line Reject Repair

OLTAS

On-line Tax Accounting System

Net Asset Value

ORFS

On-line Returns Filing System

NBC

Net Bank Credit

OSMOS

NBFC

Non-Banking Financial Company

Off-Site Monitoring and Surveillance System

NBFI

Non-Banking Financial Institutions

OSS

Off-site Surveillance System

NBV

Net Book Value

OTC

Over the Counter

NDS

Negotiated Dealing System

PACS

Primary Agricultural Credit Society

NDS-OM

NDS Order Matching

PAIS

Personal Accident Insurance Scheme

NDTL

Net Demand and Time Liability

PCARDB

Primary Co-operative Agriculture and Rural Development Bank

NEDFI

North Eastern Development Finance Corporation

PD

Primary Dealer

NEFT

National Electronic Fund Transfer

PDS

Public Distribution System

NFCC

National Foundation for Credit Counselling

PIO

Principal Inspection Officer

PKI

Public Key Infrastructure

NFGBC

Non-food Gross Bank Credit

PLR

Prime Lending Rate

NGO

Non-Government Organisation

PMLA

Prevention of Money Laundering Act

NHB

National Housing Bank

PMRY

Prime Minister Rojgar Yojna

NHC

National Housing Credit

PPP

Public Private Partnership

NIA

New India Assurance Company Limited

PSB

Public Sector Bank

NIC

National Industrial Credit

PSE

Public Sector Enterprise

NIMC

National Implementation Monitoring Committee

QIS

Quantitative Impact Study

NOC

No Objection Certificate

NOF

Net Owned Fund

NPA

Non-Performing Asset

NPFA

Non-Performing Financial Assets

NPL

Non-Performing Loan

NRE

RBI Act, 1934 Reserve Bank of India Act, 1934 RBIA

Risk Based Internal Audit

RBS

Risk Based Supervision

RCS

Registrar of Co-operative Societies

RIDF

Rural Infrastructural Development Fund

Non-Resident External

RNBC

Residuary Non-Banking Company

NRI

Non-Resident Indian

ROC

Registrar of Companies

NRO

Non-Resident Ordinary

RRB

Regional Rural Bank

NSE

National Stock Exchange

RTGS

Real Time Gross Settlement System

OBS

Off-balance Sheet

SAA

Service Area Approach

OBU

Off-Shore Banking Units

SACP

Special Agricultural Credit Plan

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SAO

Seasonal Agricultural Operations

SLR

Statutory Liquidity Ratio

SARFAESI

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest

SLRS

Scheme for Liberlisation Rehabilitation of Scavengers

SARS

Severe Acute Respiratory Syndrome

SME

Small and Medium Enterprise

SCARDB

State Co-operative Agriculture and Rural Development Bank

SPV

Special Purpose Vehicle

SSC

Special Sub-Committees

SCB

Scheduled Commercial Bank

SSI

Small Scale Industry

SC

Scheduled Caste

ST

Scheduled Tribe

SDS

Special Deposit Scheme

StCB

State Co-operative Bank

SEB

State Electricity Board

STCCS

Short-Term Co-operative Credit Structure

SEBI

Securities and Exchange Board of India

STP

Straight Through Processing

SEFCs

Small Enterprises Financial Centres

STR

Suspicious Transaction Report

SEFT

Special Electronic Funds Transfer

STRIPS

SEZ

Special Economic Zones

Separate Trading of Registered Interest and Principal of Securities

SFAC

Small Farmers Agri-Business Consortium

SWIFT

Society for Worldwide Financial Telecommunication

SFC

State Financial Corporation

TAFCUB

SFMS

Structured Financial Messaging System

Task Force for Co -operative Urban Banks

TFCI

Tourism Finance Corporation of India

SGL

Subsidiary General Ledger

UCB

Urban Co-operative Bank

SGSY

Swarna Jayanti Gram Swarojgar Yojna

UIA

United India Assurance Company Ltd.

SHG

Self-Help Group

UTI

Unit Trust of India

SHPI

Self-Help Promoting Institutions

SIDBI

Small Industries Development Bank of India

UTLBC

Union Territory Level Bankers' Committee

VaR

Value at Risk

SIDC

State Industrial Development Corporation

VCF

Venture Capital Fund

VKC

Village Knowledge Centre

SIPS

Systemically Important Payment System

VPN

Virtual Private Networks

SJSRY

Swarna Jayanti Shahari Rojgar Yojna

VRS

Voluntary Retirement Scheme

SLA

Service Level Agreement

VSATs

Very Small Aperture Terminal

SLAF

Second Liquidity Adjustment Facility

WADR

Weighted Average Discount Rate

SLBCs

State Level Bankers' Committees

WGRFIS

SLEPCS

State level Export Promotion Committees

Working Group on Future Role of Financial Institutions

WPI

Wholesale Price Index

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and