*ABRIVATIONS FOR BANKING/ECONOMY

*AEPS –
Aadhaar-Enabled Payments
Switch
AIC –
Agricultural Insurance
Company
AIDIS –
All India Debt and
Investment Survey
*AMC -
Asset Management
Company
AML -
Anti-Money Laundering
ANBC -
Adjusted Net Bank Credit
APO –
Army Post Office
*ATM -
Automated Teller Machine
*AUM -
Assets Under Management
*BBNL -
Bharat Broadband Network
Limited
*BIS -
Bank of International
Settlements
*BOO -
Build-Own-Operate
BR Act -
Banking Regulations Act,
1949
*BRIC –
Brazil, Russia, India, China
*BRICS –
Brazil, Russia, India, China,
South Africa
*BSBDA -
Basic Savings Bank Deposit
Account
*CBS -
Core Banking System
*CCI -
Competition Commission of
India
*CEO -
Chief Executive Officer
*CERC -
Central Electricity
Regulatory Commission
*CERSAI -
Central Registry of
Securitisation Asset
Reconstruction and
Security
*CGTMSE -
Credit Guarantee Fund
Trust for Micro and Small
Enterprises
*CIBIL -
Credit Information Bureau
Limited
CIC -
Core Investment Company
CICO -
Cash In Cash Out
*CMIE -
Centre for Monitoring
Indian Economy
*CRR -
Cash Reserve Ratio
CSP -
Customer Service Point
*CWC -
Central Warehousing
Corporation
*DBT -
Direct Benefit Transfer
DCCB -
District Central Cooperative
Bank
D-NBFC -
Deposit Taking NBFC
*ECB -
European Central Bank
EOD -
Economic Offenses Division
*EMC -
Expenditure Management
Commission
*EPFO -
Employees' Provident Fund
Organisation
*ETF -
Exchange Traded Fund
*EU -
European Union
FATF -
Financial Action Task Force
*FCI -
Food Corporation of India
*FDI -
Foreign Direct Investment
*Fed. -
Federal Reserve (United
States)
*FII –
Foreign Institutional
Investors
FLC -
Financial Literacy Centre
*FMC -
Forward Markets
Commission
FOS -
Financial Ombudsman
Service
FSB -
Financial Stability Board
*FSLRC -
Financial Sector
Legislative Reforms
Commission
FSP -
Financial Services Provider
*G2P -
Government to Person
*GBP -
Great Britain Pound
GCC -
General Credit Card
*GDP -
Gross Domestic Product
*GIC -
General Insurance
Corporation of India
*GNPA -
Gross NPA
*GOI -
Government of India
GPRS -
General Packet Radio
Service
GRC -
Grievance Redressal Cell
HDBS -
Horizontally Differentiated
Banking System
HFC -
Housing Finance Company
*HTM -
Held-to-Maturity
*IBA -
Indian Banks' Association
*IFC -
International Finance
Corporation
IGIDR -
Indira Gandhi Institute of
Development Research
*IIP -
Index of Industrial
Production
*IMF -
International Monetary
Fund
*IMPS -
Immediate Mobile Payment
System
*IRDA -
Insurance Regulatory and
Development Authority
*JNNURM -
Jawaharlal Nehru National
Urban Renewal Mission
*KCC -
Kisan Credit Card
*KGFS -
Kshetriya Gramin Financial
Services
*KVP -
Kisan Vikas Patra
*KYC -
Know Your Customer
LAB -
Local Area Bank
*LIC -
Life Insurance Corporation
of India
*LOLR -
Lender of Last Resort
*MCA -
Ministry of Corporate
Affairs
*MFI -
Microfinance Institution
MMMF -
Money Market
Mutual Fund
MSB -
Money Service Business
*MSME -
Micro, Small, and Medium
Enterprises
*NABARD -
National Bank for
Agriculture and Rural
Development
*NBFC -
Non-Banking Financial
Company
*NCAER -
National Council of Applied
Economic Research
ND-NBFC -
Non Deposit Taking NBFC
NDTL –
Net Demand and Time
Liability
*NECS -
National Electronic Clearing
Service
*NEFT -
National Electronic Funds
Transfer
*NFA -
No-Frills Account
*NHB -
National Housing Bank
NOFN -
National Optical Fibre
Network
*NPA -
Non-Performing Asset
*NPS -
National Pensions Scheme
*NREGA -
National Rural Employment
Guarantee Act, 2005
*NSSO -
National Sample Survey
Organisation
*OTP -
One-Time-Password
PACS -
Primary Agricultural
Cooperative Society
*PFRDA -
Pension Fund Regulatory
and Development Authority
*PMEAC -
Prime Minister's Economic
Advisory Council
PNO -
Payment Network Operator
*POA -
Proof of Address
*POI -
Proof of Identity
*PoP -
Point of Purchase
*POS -
Point of Sale
PPI -
Pre-Paid Instrument Issuer
*PPP -
Public Private Partnership
PSD -
Payment Services Directive
PSL -
Priority Sector Lending
*QIB -
Qualified Institutional
Buyer
RAROC -
Risk Adjusted Return on
Capital
*RBI -
Reserve Bank of India
RBS -
Risk Based Supervision
RBS –
Royal Bank of Scotland
RGS -
Rural Godown Scheme
RIDF -
Rural Infrastructure
Development Fund
*RRB -
Regional Rural Bank
*RTGS -
Real Time Gross Settlement
Service
*SARFAESI -
Securitisation and
Reconstruction of Financial
Assets and Enforcement
of Security Interest Act
*SAT -
Securities Appellate
Tribunal
*SBI -
State Bank of India
*SCB -
Scheduled Commercial
Bank
SCORES -
SEBI Complaints Redress
System
*SEBI -
Securities and Exchange
Board of India
*SFIO -
Serious Fraud Investigation
Office
SFRC -
State Finance Regulatory
Commission
*SHG -
Self-Help Group
*SIDBI -
Small Industrial
Development Bank of India
SIFI -
Systemically Important
Financial Institution
*SIV -
Special Investment Vehicles
*SLR -
Statutory Liquidity Ratio
*SMS -
Short Message Service
*SPV -
Special Purpose Vehicle
*SWC -
State Warehousing
Corporation
*TARC -
Tax Administration Reform
Commission
TCF -
Treating Customers Fairly
*TRAI -
Telecom Regulatory
Authority of India
*UCB -
Urban Cooperative Bank
*UEBA -
Universal Electronic Bank
Account
*UIDAI -
Unique Identification
Authority of India
*ULIP -
Unit-Linked Insurance
Policies
*UPIN -
Unique Property
Identification Numbers
USB -
Ultra-Small Branch
USD -
United States Dollar
VDBS -
Vertically Differentiated
Banking System
WBCIS -
Weather Based Crop
Insurance Scheme
*WL-ATM -
White Label ATM
*WPI -
Wholesale Price Index