LIST OF ABBREVIATIONS

ACLF – Additional Collateralised Lending BSR – Basic Statistical Return

Facility
CAD – Current Account Deficit
AD – Authorised Dealer
CAMELS – Capital Adequacy, Asset Quality,
ADR – American Depository Receipt Management, Earnings, Liquidity,
Systems and Control.
ADR – Asset Development Reserve
CAS – Central Accounts Section
AEZ – Agri Export Zones
CACS – Capital Adequacy, Asset Quality,
AIBP – Accelerated Irrigation Benefit
Compliance and System
Programme
CALCS – Capital Adequacy, Asset Quality,
AIFI – All-India Financial Institution
Liability, Compliance and System
ALM – Asset-Liability Management
CBDT – Central Board of Direct Taxes
ALS – Advance Licence Scheme
CCIL – Clearing Corporation of India Limited
AMC – Asset Management Company
CCP – Central Counter Party
AMFI – Association of Mutual Funds of India
CDBMS – Central Database Management
APDP – Accelerated Power Development System
Programme
CDR – Corporate Debt Restructuring
APDRP – Accelerated Power Development and
Reform Programme CD – Certificate of Deposit

APEDA – Agricultural and Processed Food CENVAT – Central Value Added Tax
Products Export Development CFMS – Centralised Funds Management
Authority System
APL – Above Poverty Line CFSL – Ceat Financial Services Limited
APM – Administered Price Mechanism CGRA – Currency and Gold Revaluation
ARC – Asset Reconstruction Company Account

ARF – Asset Reconstruction Fund CIBIL – Credit Information Bureau (India) Ltd.

AS – Accounting Standard CIP – Central Issue Price

ASCI – Administrative Staff College of India CIRC – Corporate and Industrial Restructuring
Corporation
ASIDE – Assistance to States for Infrastructural
Development for Exports CIS – Commonwealth of Independent States

ATF – Aviation Turbine Fuel CLF – Collateralised Lending Facility

BDIC – Bank Deposits Insurance Corporation CO – Central Office

BE – Budget Estimates COMSEC – Commonwealth Secretariat

BFS – Board for Financial Supervision CoR – Certificate of Registration

BIFR – Board for Industrial and Financial CP – Commercial Paper

Reconstruction CPI-IW – Consumer Price Index for Industrial
BIS – Bank for International Settlements Workers

BOLT – Build-Own-Lease-Transfer CPSS – Committee on Payments and

Settlement Systems
BoP – Balance of Payments
CR – Contingency Reserve
BPL – Below Poverty Line
CRAR – Capital to Risk-weighted Assets Ratio
BR/NA – Bid Amount Received to Notified
Amount CRISIL – Credit Rating and Investment Services
of India Limited
BRBNMPL – Bharatiya Reserve Bank Note Mudran
Private Limited CRR – Cash Reserve Ratio

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 LIST OF ABBREVIATIONS

CRS – Compulsory Rolling Settlement DTA – Domestic Tariff Area

CSF – Consolidated Sinking Fund DvP – Delivery versus Payment
CSGL – Constituents’ Subsidiary General ECA – Essential Commodities Act
Ledger
ECB – External Commercial Borrowings
CSR – Comprehensive Single Return
ECD – Exchange Control Department
CST – Central Sales Tax
ECR – Export Credit Refinance
CV – Co-efficient of Variation
ECS – Electronic Clearing Service
CVC – Central Vigilance Commission
EDI – Electronic Data Interchange
CVD – Countervailing Duty
EDIFAR – Electronic Data Information Filing and
CVPS – Currency Verification and Processing Retrieval
System
EEA – Exchange Equalisation Account
DAD – Deposit Accounts Department
EEFC – Exchange Earners’ Foreign Currency
DAPM – Department of Administration and
EFC – Eleventh Finance Commission
Personnel Management
EFT – Electronic Funds Transfer
DBOD – Department of Banking Operations
and Development EHTP – Electronic Hardware Technology Park
DBS – Department of Banking Supervision EMEs – Emerging Market Economies
DCA – Department of Company Affairs EPCG – Export Promotion Capital Goods
DCCB – District Central Co-operative Bank EPZ – Export Processing Zone
DCM – Department of Currency Management ERC – Expenditure Reforms Commission
DEAP – Department of Economic Analysis and ERP – Enterprise Resource Planning
Policy
ESOP – Employees’ Stock Option Plan
DEBC – Department of Expenditure and
ESS – Early Severance Scheme
Budgetary Control
EXIM – Export-Import
DEIO – Department of External Investments
and Operations FATF – Finance Action Task Force
DEPB – Duty Entitlement Pass Book FCCB – Foreign Currency Convertible Bond
DESACS – Department of Statistical Analysis and FCI – Food Corporation of India
Computer Services
FCNR(B) – Foreign Currency Non-Resident
DFRC – Duty Free Replenishment Certificate (Banks)
DGBA – Department of Government and Bank FDI – Foreign Direct Investment
Accounts
FEMA – Foreign Exchange Management Act
DGCI&S – Directorate General of Commercial
Intelligence and Statistics FERA – Foreign Exchange Regulation Act

DGFT – Directorate General of Foreign Trade FET-ERS – Foreign Exchange Transactions -

Electronic Reporting System
DICGC – Deposit Insurance and Credit
Guarantee Corporation FII – Foreign Institutional Investor

DIT – Department of Information Technology FIMMDA – Fixed Income Money Market and
Derivatives Association
DNBS – Department of Non-Banking Supervision
FIPB – Foreign Investment Promotion Board
DRAT – Debt Recovery Appellate Tribunal
FI – Financial Institution
DRG – Development Research Group
FISIM – Financial Intermediation Services
DRI – Differential Rate of Interest Indirectly Measured
DRT – Debt Recovery Tribunal FITL – Funded Interest Term Loan

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FoB – Free-on-Board IIP – Index of Industrial Production

FRA – Forward Rate Agreement IIT – Indian Institute of Technology
FRBMB – Fiscal Responsibility and Budget ILAF – Interim Liquidity Adjustment Facility
Management Bill
IMD – India Millennium Deposit
FRB – Floating Rate Bond
IMF – International Monetary Fund
FTZ – Free Trade Zone
INFINET – Indian Financial Network
FVCI – Foreign Venture Capital Investor
IOC – Indian Oil Corporation
GAIL – Gas Authority of India Limited
IOSCO – International Organisation of Securities
GB – Giga-Byte Commissions
GDCF – Gross Domestic Capital Formation IPO – Initial Public Offer
GDP – Gross Domestic Product IRDA – Insurance Regulatory and
GDR – Global Depository Receipt Development Authority
GDS – Gross Domestic Saving IRS – Interest Rate Swap
GFCF – Gross Fixed Capital Formation IT – Information Technology
GFD – Gross Fiscal Deficit ITA-1 – Information Technology Agreement
GoI – Government of India JPC – Joint Parliamentary Committee
GPD – Gross Primary Deficit KCC – Kisan Credit Card
GRF – Guarantee Redemption Fund KVIC – Khadi and Village Industries
Commission
GSDP – Gross State Domestic Product
KYC – Know Your Customer
GVA – Gross Value Added
LAB – Local Area Bank
HRD – Human Resources Development
HRDD – Human Resources Development LAF – Liquidity Adjustment Facility
Department LD – Legal Department
HUDCO – Housing and Urban Development LHO – Local Head Office
Corporation
LIBOR – London Inter-Bank Offer Rate
IASC – Inspection and Audit Sub-Committee
LIC – Life Insurance Corporation of India
IBA – Indian Banks Association
LPA – Long Period Average
IBS – International Banking Statistics
LPG – Liquefied Petroleum Gas
ICAI – Institute of Chartered Accountants of
India LUCC – Laghu Udyami Credit Card
ICD – Inter-Corporate Deposit M&A – Mergers and Acquisitions
IDMC – Internal Debt Management Cell MAI – Market Access Initiative
IDRBT – Institute for Development and MBS – Mortgage-Backed Securities
Research in Banking Technology
MIBOR – Mumbai Inter-Bank Offer Rate
IEBR – Internal and Extra Budgetary
MLR – Minimum Lending Rate
Resources
MoF – Ministry of Finance
IECD – Industrial and Export Credit
Department MoST – Ministry of Surface Transport
IFCI – Industrial Finance Corporation of India MoU – Memorandum of Understanding
IFR – Investment Fluctuation Reserve MSP – Minimum Support Price
IGIDR – Indira Gandhi Institute of Development MTES – Medium-Term Export Strategy
Research
MTFRP – Medium-Term Fiscal Reforms
IIM – Indian Institute of Management Programme

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 LIST OF ABBREVIATIONS

NABARD – National Bank for Agriculture and Rural OBU – Overseas Banking Unit
Development
OCBs – Overseas Corporate Bodies
NAFED – National Agricultural Co-operative
OCC – Oil Co-ordination Committee
Marketing Federation
OECD – Organisation for Economic
NAV – Net Asset Value
Co-operation and Development
NBFC – Non-Banking Financial Company
OMO – Open Market Operation
NCAER – National Council of Applied Economic
OMSS – Open Market Sales Scheme
Research
ONGC – Oil and Natural Gas Corporation
NCDC – National Co-operative Development
Corporation OPAC – Online Public Access Catalogue
NDA – Net Domestic Assets OPEC – Oil Producing and Exporting Countries
NDC – Net Debit Cap OSMOS – Off-site Monitoring and Surveillance
NDS – Negotiated Dealing System OTS – One Time Settlement
NDTL – Net Demand and Time Liabilities OWS – Other Welfare Schemes
NEER – Nominal Effective Exchange Rate PACS – Primary Agricultural
Co-operative Societies
NFA – Net Foreign Assets
PAD – Public Accounts Department
NFBS – National Family Benefit Scheme
PAYG – Pay-As-You-Go
NFEP – Net Foreign Exchange Earning as a
Percentage of Exports PCA – Prompt Corrective Action
NHB – National Housing Bank PCFC – Pre-Shipment Credit in Foreign
Currency
NHDP – National Highway Development Project
PDO – Public Debt Office
NMBS – National Maternity Benefit Scheme
PD – Primary Dealer
NOAPS – National Old Age Pension Scheme
PDS – Public Distribution System
NOF – Net Owned Funds
PIO – Person of Indian Origin
NPA – Non-Performing Asset
PIS – Portfolio Investment Scheme
NPL – Non-Performing Loan
PKI – Public Key Infrastructure
NRCCG – Net Reserve Bank Credit to the
Central Government PLR – Prime Lending Rate
NRE – Non-Resident External PRD – Press Relations Division
NRI – Non-Resident Indian PSB – Public Sector Bank
NRNR – Non-Resident Non-Repatriable PSCFC – Post-Shipment Credit Denominated in
Foreign Currency
NRNRRD – Non-Resident Non-Repatriable Rupee
Deposit PSE – Public Sector Enterprise
NRO – Non-Resident Ordinary PSRS – Prudential Supervisory Reporting
System
NRSR – Non-Resident Special Rupee
PSU – Public Sector Undertaking
NSCCL – National Securities Clearing
Corporation of India Limited QIB – Qualified Institutional Buyer
NSE – National Stock Exchange QII – Qualified Institutional Investor
NSSF – National Small Saving Fund QR – Quantitative Restriction
NSSO – National Sample Survey Organisation RBS – Risk-Based Supervision
OASIS – Old Age Social and Income Security RE – Revised Estimates
OBC – Other Backward Classes REER – Real Effective Exchange Rate

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 LIST OF ABBREVIATIONS

RIB – Resurgent India Bond SMARS – Smart Rupee System

RIDF – Rural Infrastructure Development Fund SPS – Sanitary and Phyto-Sanitary Standard
RNBC – Residuary Non-Banking Company SPV – Special Purpose Vehicle
RPCD – Rural Planning and Credit Department SRO – Self Regulatory Organisation
RRB – Regional Rural Bank SSI – Small Scale Industries
RTGS – Real Time Gross Settlement STPI – Software Technology Park of India
SACP – Special Agricultural Credit Plans
STRIPS – Separate Trading for Registered
SAC – Settlement Advisory Committee Interest and Principal of Securities
SBI – State Bank of India SWIFT – Society for Worldwide Financial
SCA – Statutory Central Auditors Telecommunication

SCB – Scheduled Commercial Bank TBT – Technical Barriers to Trade

SDF – Statutory Declaration Form TPA – Third Party Administrator

SDR – Special Drawing Right TPDS – Targeted Public Distribution System

SD – Satellite Dealer TRAI – Telecom Regulatory Authority of India
SEBI – Securities and Exchange Board of TRIP – Trade Related Intellectual Property
India Right
SEB – State Electricity Board USA – United States of America
SERC – State Electricity Regulatory UBD – Urban Banks Department
Commission
UCB – Urban Co-operative Bank
SEZ – Special Economic Zone
UMA – Unpleasant Monetarist Arithmetic
SFC – State Finance Corporation
URIF – Urban Reforms Incentive Fund
SFMS – Structured Financial Messaging
Solution UTI – Unit Trust of India
SGF – Settlement Guarantee Fund VaR – Value-at-Risk
SGL – Subsidiary General Ledger VAT – Value Added Tax
SHG – Self-Help Group VCF – Venture Capital Fund
SHCIL – Stock Holding Corporation of India VPN – Virtual Private Network
Limited
VRS – Voluntary Retirement Scheme
SHPI – Self-Help Promoting Institution
VSAT – Very Small Aperture Terminal
SIDBI – Small Industries Development Bank of
India WADR – Weighted Average Discount Rate
SICA – Sick Industrial Companies (Special WCTL – Working Capital Term Loan
Provision) Act
WDM – Wholesale Debt Market
SIDC – State Industrial Development
Corporation WMA – Ways and Means Advance

SLBC – State-level Bankers’ Committee WPI – Wholesale Price Index

SLR – Statutory Liquidity Ratio WTO – World Trade Organisation

SLUB – State Land Use Boards ZCB – Zero Coupon Bond

This Report can also be accessed on Internet

URL : www.rbi.org.in

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