Important Banking Terms and Abbreviations




• ADR -- American Depository Receipt
• AGM -- Annual General Meeting
• AIRCSC -- All India Rural Credit Survey Committee
• AFS -- Available For Sale
• ASSOCHAM -- Associated Chambers of Commerce and Industry of India
• ATM -- Automated Teller Machine
• BIS -- Bank for International Settlements

• BoP -- Balance of Payments
• CAD -- Capital Account Deficit
• CAG -- Controller and Auditor General of India
• CAMELS -- Capital Adequacy, Asset Quality, Management, Earnings, Liquidity, Systems & Controls
• CBS -- Consolidated Banking Statistics
• CC -- Cash Credit
• CD -- Certificate of Deposit
• CF -- Company Finance
• CII -- Confederation of Indian Industries
• CP -- Commercial Paper
• CPI -- Consumer Price Index
• CR -- Capital Receipts
• CRR -- Cash Reserve Ratio
• CSIR -- Council of Scientific and Industrial Research
• CSO -- Central Statistical Organisation
• DBOD -- Department of Banking Operations and Development
• DBS -- Department of Banking Supervision, RBI
• DCA -- Department of Company Affairs,
• DCCB -- District Central Cooperative Bank
• DCM -- Department of Currency Management, RBI
• DD -- Demand Draft
• DDS -- Data Dissemination Standards
• DICGC -- Deposit Insurance and Credit Guarantee Corporation of India
• ECGC -- Export Credit and Guarantee Corporation
• ECS -- Electronic Clearing Scheme
• EEA -- Exchange Equalization Account
• EPF -- Employees Provident Fund
• FDI -- Foreign Direct Investment
• FEMA -- Foreign Exchange Management Act
• FICCI -- Federation of Indian Chambers of Commerce and Industry
• FII -- Foreign Institutional Investor
• FPI -- Foreign Portfolio Investment
• GDP -- Gross Domestic Product
• GDR -- Global Depository Receipt
• GFD -- Gross Fiscal Deficit
• GIC -- General Insurance Corporation
• GPD -- Gross Primary Deficit
• HDFC -- Housing Development Finance Corporation
• HFT -- Held For Trading
• IBS -- International Banking Statistics
• ICAR -- Indian Council of Agricultural Research
• ICICI -- Industrial Credit and Investment Corporation of India
• ICMR -- Indian Council of Medical Research
• IDBI -- Industrial Development Bank of India
• IFC -- International Finance Corporation
• IFCI -- Industrial Finance Corporation of India
• IIP -- Index of Industrial Production
• IMF -- International Monetary Fund
• IRBI -- Industrial Reconstruction Bank of India
• ISDA -- International Swaps and Derivative Association
• ISIC -- International Standard Industrial Classification
• ISO -- International Standards Organization
• LBS -- Locational Banking Statistics
• LERMS -- Liberalized Exchange Rate Management System
• LIC -- Life Insurance Corporation of India
• MCA -- Ministry of Company Affairs
• MIS -- Management Information System
• MMSE -- Minimum Mean Squared Errors
• NABARD -- National Bank for Agriculture and Rural Development
• NASSCOM -- National Association of Software and Services Companies
• NBC -- Non-Banking Companies
• NBFC -- Non Banking Financial Companies
• NEER -- Nominal Effective Exchange Rate
• NFA -- Non-Foreign Exchange Assets
• NGO -- Non-Governmental Organization
• NHB -- National Housing Bank
• NPA -- Non-Performing Assets
• NSC -- National Statistical Commission
• NSSF -- National Small Savings Fund
• OD -- Over Draft
• ODA -- Official Development Assistance
• OMO -- Open Market Operations
• PACS -- Primary Agriculture Credit Societies
• PDAI -- Primary Dealers Association of India
• PDO -- Public Debt Office
• PIO -- Persons of Indian Origin
• PO -- Principal Office
• PRB -- Primary Revenue Balance
• PSE -- Public Sector Enterprises
• PUC -- Paid Up Capital
• RD -- Revenue Deficit
• RDBMS -- Relational Database Management System
• RE -- Revenue Expenditure
• REC -- Rural Electrification Corporation
• REER -- Real Effective Exchange Rate
• RIDF -- Rural Infrastructure Development Fund
• RoC -- Registrars of Companies
• RR -- Revenue Receipts
• RRB -- Regional Rural Bank
• RTP -- Reserve Tranche Position
• RWA -- Risk Weighted Asset
• SAS -- Statistical Analysis System
• SCARDB -- State Cooperative Agriculture and Rural Development Bank
• SCB -- State Cooperative Bank
• SCB -- Scheduled Commercial Bank
• SDDS --Special Data Dissemination Standards
• SDR -- Special Drawing Right
• SEBI -- Securities and Exchange Board of India
• SIFI -- Systemically Important Financial Intermediaries
• SEBs -- State Electricity Boards
• SGSY -- Swarnajayanthi Gram Swarrojgar Yojana
• SHGs -- Self-Help Groups
• SIDBI -- Small Industries Development Bank of India
• SIDC -- State Industrial Development Corporation
• SJSRY -- Swarna Jayanti Shahari Rojgar Yojana
• SLR -- Statutory Liquidity Ratio
• SMG -- Standing Monitoring Group
• SNA -- System of National Accounts
• SRWTO -- Small road & Water Transport Operators
• SSI -- Small-Scale Industries
• STRIPS -- Separate Trading for Registered Interest and Principal of Securities
• TB -- Treasury Bills
• TC -- Temporary Change
• TT -- Telegraphic Transfer
• TFTS - Trade for Trade Settlement
• UCB -- Urban Cooperative Bank
• UCN -- Uniform Code Number
• UNDP -- United Nations Development Programme
• UNICO -- Umbrella Organisation for Large Cooperative Banks in Europe
• UNDP -- United Nations Development Programme
• UNIDO -- United Nations Industrial Development Organisation
• UNME -- Urban Non-Manual Employees
• UTI -- Unit Trust of India
• VC -- Venture Capital
• WPI -- Wholesale Price Index
• WTO -- World Trade Organisation
• YTM -- Yield to Maturity
• ZTC -- Zonal Training Centre

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