ABIs

Authorised Bank Investors

AD

Authorised Dealer

ADF

Automated Data Flow

ADR

American Depositary Receipt

ADR

Asset Development Reserve

AEs

Advanced Economies

AFA

Additional Factor of Authentication

AFO

Auto Fail Over

AFS

Available For Sale

AIFI

All India Financial Institution

AML

Anti-Money Laundering

ANBC

Adjusted Net Bank Credit

APMC

Agricultural Produce Marketing Committee

ARC

Asset Restructuring Companies

ARMS

Audit and Risk Management Sub-Committee

ASI

Annual Survey of Industries

ATBs

Auction Treasury Bills

ATM

Automated Teller Machine

AUM

Assets Under Management

BBPOUs

Bharat Bill Payment Operating Units

BBPS

Bharat Bill Payment Services

BC

Business Correspondent

BCBS

Basel Committee on Banking Supervision

BCM

Business Continuity Management

BCs

Business Correspondents

BCSBI

Banking Codes and Standards Board of India

BE

Budget Estimates

BFS

Board for Financial Supervision

BIC

Bank Investment Company

BIS

Bank for International Settlements

BO

Banking Ombudsman

BPCL

Bharat Petroleum Corporation Limited

BPO

Business Process Outsourcing

BPR

Business Process Re-engineering

bps

Basis Points

BPSS

Board for Regulation and Supervision of Payment and Settlement Systems

BR Act

Banking Regulations Act

BRICS

Brazil, Russia, India, China, South Africa

BRICS-CRA

BRICS Contingent Reserve Arrangement

BRBNMPL

Bharatiya Reserve Bank Note Mudran Pvt. Ltd.

BSBDAs

Basic Savings Bank Deposit Accounts

BSE

Bombay Stock Exchange

BTN

Bhutan Currency

CAB

College of Agricultural Banking

CAD

Current Account Deficit

CAFRAL

Centre for Advanced Financial Research and Learning

CBLO

Collateralised Borrowing and Lending Obligation

CBS

Core Banking Solution

CCB

Committee of the Central Board

CCCB

Counter Cyclical Capital Buffer

CCI

Cabinet Committee of Investment

CCIL

Clearing Corporation of India Ltd.

CCPs

Central Counterparties

CD

Certificate of Deposits

CDS

Current Daily Status

CE of OBE

Credit Equivalent Amount of Off-Balance Sheet Exposures

CERSAI

Central Registry of Securitisation Asset Reconstruction and Security Interest of India

CET-1

Common Equity Tier 1 capital

CFSA

Committee on Financial Sector Assessment

CGRA

Currency and Gold Revaluation Account

CHRS

Comprehensive Human Resource System

CICs

Credit Information Companies

CICs

Core Investment Companies

CISO

Chief Information Security Officer

CIT

Cash in transit

CMBs

Cash Management Bills

CoR

Certificate of Registration

CP

Commercial Papers

CPC

Cheque Processing Centre

CPI

Consumer Price Index

CPSIPS

Core Principles for Systemically Important Payment Systems

CPSS

Committee on Payment and Settlement Systems

CR

Contingecy Reserve

CRA

Credit Rating Agency

CRAR

Capital to Risk weighted Assets Ratio

CRGFTLIH

Credit Risk Guarantee Fund Trust for Low Income Housing

CRILC

Central Repository of Information on Large Credits

CRR

Cash Reserve Ratio

CSDs

Central Securities Depositories

CSO

Central Statistics Office

CTS

Cheque Truncation System

DBT

Direct Benefit Transfer

DCC

District Consultative Committee

DCCBs

District Central Co-operative Banks

DCCO

Date of Commencement of Commercial Operations

DCs

Data Centres

DDs

Demand Drafts

DEA Fund

Depositor Education and Awareness Fund

DICGC

Deposit Insurance and Credit Guarantee Corporation

DIF

Deposit Insurance Fund

DLRC

District Level Review Committee

DR

Disaster Recovery

DRG

Development Research Group

D-SIBs

Domestic - Systemically Important Banks

DTL

Demand and Time Liability

DUKPT

Derived Unique Key Per Terminal

EBT

Electronic Benefit Transfer

ECBs

External Commercial Borrowings

ECCS

Express Cheque Clearing Systems

ECR

Export Credit Refinance

ECS

Electronic Clearing Service

EDMS

Electronic Document Management System

EEA

Exchange Equalisation Account

EKP

Enterprise Knowledge Portal

EMDEs

Emerging Market and Developing Economies

EME

Emerging Market Economy

EMI

Equated Monthly Installment

EMV

Europay, MasterCard and Visa

EoI

Expression of Interest

EPC

Engineering, Procurement and Construction

ERM

Enterprise Risk Management

ETCD

Exchange Traded Currency Derivative

EU

European Union

EURIBOR

Euro Interbank Offered Rate

EXIM Bank

Export Import Bank

FC-XIII

Thirteenth Finance Commission

FCA

Foreign Currecy Asset

FCI

Food Corporation of India

FCNR(B)

Foreign Currency (Non-resident) Accounts (Banks)

FCVA

Forward Contracts Valuation Account

FDI

Foreign Direct Investment

Fed

Federal Reserve

FEDAI

Foreign Exchange Dealers’ Association of India

FER

Foreign Exchange Reserve

FI

Financial Inclusion

FII

Foreign Institutional Investor

FIMMDA

Fixed Income Money Market and Derivatives Association of India

FIPs

Financial Inclusion Plans

FLCs

Financial Literacy Centres

FMI

Financial Market Infrastructure

FNV

Forged Notes Vigilance

FPI

Foreign Portfolio Investment

FPO

Follow On Public Offer

FRA

Financial Resolution Authority

FRBM Act

Fiscal Responsibility and Budget Management Act

FSB

Financial Stability Board

FSDC

Financial Stability and Development Council

FSI

Financial Soundness Indicators

FSLRC

Financial Sector Legislative Reforms Commission

FSR

Financial Stability Report

FSWM

Financially Sound and Well Managed

FX

Foreign Exchange

GAG

GIRO Advisory Group

GARCH

Generalised AutoRegressive Conditional Heteroskedasticity

GB

Gigabyte

GCC

General Credit Card

GDP

Gross Domestic Product

GDR

Global Depositary Receipt

GFCE

Government Final Consumption Expenditure

GFCF

Gross Fixed Capital Formation

GFD

Gross Fiscal Deficit

GoI

Government of India

G-Sec

Government Securities

GST

Goods and Services Tax

HFT

Held For Trading

HLAC

High Level Advisory Committee

HP

Hodrick-Prescott

HPCL

Hindustan Petroleum Corporation Ltd.

HQLAs

High Quality Liquid Assets

HR

Human Resources

HTM

Held To Maturity

IADI

International Association of Deposit Insurers

IBA

Indian Banks’ Association

ICRIER

Indian Council for Research and International Economic Relations

ICT

Information and Communication Technology

IDFs

Infrastructure Debt Funds

IDRBT

Institute for Development and Research in Banking Technology

IFC

Indian Financial Code

IFCs

Infrastructure Finance Companies

IIBM

Indian Institute of Bank Management

IIBs

Inflation indexed bonds

IINSS-C

Inflation Indexed National Saving Securities–Cumulative

IIP

Index of Industrial Production

IIT

Indian Institute of Technology

IMD

India Meteorological Department

IMPS

Immediate Payment Service

INR

Indian Rupee

IOC

Indian Oil Corporation

IORWG

International Operational Risk Working Group

IOSCO

International Organisation of Securities Commission

IP

Internet Protocol

IPDI

Innovative Perpetual Debt Instruments

IPO

Initial Public Offering

IPS

Intrusion Prevention System

IRA

Investment Revaluation Account

IRD

Interest Rate Derivative

IRF

Interest Rate Future

IRS

Interest Rate Swaps

IS

Information Security

IS

Information System

ISI

Indian Statistical Institute

iSOC

Information Security Operations Centre

IT

Information Technology

ITBs

Intermediate Treasury Bills

ITSC

Information Technology Sub-Committee

JLF

Joint Lenders Forum

JV

Joint Venture

KCC

Kisan Credit Card

KLEMS

Capital, labour, energy, material and services

KYC

Know Your Customer

LAB

Local Area Bank

LAF

Liquidity Adjustment Facility

LBS

Lead Bank Scheme

LCR

Liquidity Coverage Ratio

LEI

Legal Entity Identifiers

LIBOR

London Interbank Offered Rate

LLP

Limited Liability Partnership

LOBOM

Lower of Book and Market Value

LOU

Local Operating Unit

LPA

Long Period Average

LPG

Liquified Petroleum Gas

LPVR

Least Present Value of Revenue

LRS

Liberalised Remittance Scheme

LSAP

Large-Scale Asset Purchase Programme

LSE

London School of Economics

LTD

Long Term Deposits

LTV

Loan To Value

MAF

Medical Assistance Fund

mcm/d

Million Cubic Metres a day

MFI

Micro-Finance Institutions

MGNREGA

Mahatma Gandhi National Rural Employment Guarantee Act

MIBID

Mumbai Interbank Bid Rate

MIBOR

Mumbai Interbank Offered Rate

MICR

Magnetic Ink Character Recognition

MICs

Market Infrastructure Companies

MMS

Mail Messaging Solution

MoSPI

Ministry of Statistics and Programme Implementation

MoU

Memorandum of Understanding

MPC

Monetary Policy Committee

MSEs

Micro and Small Enterprises

MSF

Marginal Standing Facility

MSMEs

Micro, Small and Medium Enterprises

MSP

Minimum Support Price

MTM

Mark-to-Market

MTSS

Money Transfer Service Scheme

NAB

New Arrangement to Borrow

NABARD

NAtional Bank for Agriculture and Rural Development

NACH

National Automated Clearing House

NBFC

Non-Banking Financial Company

NBFC-NDs

Non-Deposit Accepting NBFCs

NBFC-SI

Non-Banking Financial Companies - Systemically Important

NBFI

Non-bank Financial Institution

NCD

Non-Convertible Debentures

NCFE

National Centre for Financial Education

NDA

Net Domestic Asset

NDS-CALL

Negotiated Dealing System- call money market

NDS-OM

Negotiated Dealing System- Order Matching

NDTL

Net Demand and Time Liabilities

NECS

National Electronic Clearing Service

NFA

Net Foreign Asset

NEFT

National Electronic Fund Transfer

NGO

Non-Governmental Organisation

NG-RTGS

Next Generation RTGS

NHAI

National Highways Authority of India

NHB

National Housing Bank

NIBM

National Institute of Bank Management

NIM

Net Interest Margin

NOFHCs

Non-Operating Financial Holding Companies

NPA

Non Performing Asset

NPCI

National Payments Corporation of India

NRE

Non-Resident External

NRO

Non-Resident Ordinary

NSE

National Stock Exchange

NSSO

National Sample Survey Organisation

OBCs

Other Backward Classes

OD

Overdraft

ODI

Overseas Direct Investment

OLS

Ordinary Least Square

OMCs

Oil Marketing Companies

OMO

Open Market Operations

OSMOS

Off-Site Monitoring and Surveillance

OTC

Over The Counter

PCA

Prompt Corrective Action

PCI-DSS

Payment Card Industry Data Security Standards

PD

Primary Deficit

PDS

Public Distribution System

PDs

Primary Dealers

PFCE

Private Final Consumption Expenditure

PFCVA

Provision for Forward Contracts Valuation Account

PFMIs

Principles for Financial Market Infrastructures

PMDO

Pooled Municipal Debt Obligation

PIN

Personal Identification Number

PKI

Public Key Infrastructure

PLF

Plant Load Factor

PMG

Project Monitoring Group

POS

Point of Sale

POs

Payment Orders

PPIs

Prepaid Payment Instruments

PPP

Public Private Partnership

PSB

Public Sector Banks

PSEs

Public Sector Enterprises

PSL

Priority Sector Lending

PSOs

Payment System Operators

PSS

Perimeter Security Solution

PvP

Payment vs Payment

QCCP

Qualified Central Counterparty

QE

Quantitative Easing

QFIs

Qualified Foreign Investors

QIBs

Qualified Institutional Buyers

RBI

Reserve Bank of India

RBIA

Risk-Based Internal Audit

RBIWPS

Reserve Bank of India Working Paper Series

RBS

Risk Based Supervision

RBSC

Reserve Bank Staff College

RC

Reconstruction Companies

RCCP

Recommendations for Central Counterparties

RDA

Rupee Drawing Arrangement

RE

Revised Estimates

RECS

Regional Electronic Clearing Service

REER

Real Effective Exchange Rate

REITs

Real Estate Investment Trusts

RFCA

Revaluation of Forward Contracts Account

RFID

Radio-Frequency Identification

RIDF

Rural Infrastructure Development Fund

RMBS

Residential Mortgage Backed Securities

ROC

Regulatory Oversight Committee

RRB

Regional Rural Bank

RSSS

Recommendations for Securities Settlement Systems

RTGS

Real Time Gross Settlement

RTI Act

Right to Information Act

RTP

Reserve Tranche Position

RWA

Risk Weighted Assets

SAA

Swap Amortisation Account

SAARC

South Asian Association for Regional Cooperation

SAF

Supervisory Action Framework

SARFAESI

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest

SC

Securitisation Companies

SCB

Scheduled Commercial Bank

SCs

Scheduled Castes

SDL

State Development Loan

SDLs

State Development Loans

SDRs

Special Drawing Rights

SEACEN

South East Asian Central Banks

SEBI

Securities Exchange Board of India

SFRC

State Finance Regulatory Commission

SHGs

Self-Help Groups

SIFMI

Systemically Important Financial Market Infrastructure

SLBC

State Level Bankers Committee

SLCCs

State Level Coordination Committees

SLR

Statutory Liquidity Ratio

SMA

Special Mention Accounts

SMEs

Small and Medium Enterprises

SMS

Short Message Service

SPARC

Supervisory Program for Assessment of Risk and Capital

SPC

SAARC Payment Council

SRO

Self-Regulatory Organisation

SSSs

Securities Settlement Systems

StCBs

State Co-operative Banks

STRIPS

Separately Traded Registered Interest and Principal Securities

STs

Scheduled Tribes

SWIFT

Society for World Wide Inter-Bank Financial Tele-Communication

SWMA

Special Ways and Means Advances

TARC

Tax Administration Reforms Commission

T-Bills

Treasury Bills

TCE

Trade Receivables and Credit Exchange

TDS

Tax Deducted at Source

TFP

Total Factor Productivity

TIBOR

Tokyo Interbank Offered Rate

TLE

Terminal Line Encryption

TRAI

Telecom Regulatory Authority of India

TReDS

Trade Receivables Discounting System

TRs

Trade Repositories

UCBs

Urban Cooperative Banks

UIDAI

Unique Identification Authority of India

UIP

Uncovered Interest Parity

UKPT

Unique Key Per Terminal

UMP

Unconventional Monetary Policies

UPS

Uninterruptible Power Supply

UPSS

Usual (principal + subsidiary) status

USD

US Dollar

USSD

Unstructured Supplement Service Data

V3F

Variable Voltage Variable Frequency

VC

Video Conferencing

VIX

Volatility Index

VWA

Volume Weighted Average

WADR

Weighted Average Discount Rate

WAEIR

Weighted Average Effective Interest Rate

WALR

Weighted Average Lending Rate

WGRRFI

Working Group on Resolution Regime for Financial Institutions

WLAs

White Label ATMs

WMA

Ways and Means Advances

WOS

Wholly Owned Subsidiary

WPI

Wholesale Price Index

XBRL

eXtensible Business Reporting Language