Banking & Economic Terms Abbreviations

ACC Authorised Collection Centre
BBPS Bharat Bill Payment System
BCSBI Banking Codes and Standards Board of India
CCIL Clearing Corporation of India Limited
CLS Continuous Linked Settlement
EEFC Exchange Earners Foreign Currency Account
FCD Fully Convertible Debentures
FMC Forward Markets Commission
HFC Housing Finance Company.
MFI Micro – Finance Institutions
NDS Negotiated Dealing System
NIA Negotiable Instrument Act
OCD Optionally Convertible Debenture
PCD Partly Convertible Debenture
RNBC Residuary Non Banking Company
SBTR Secured Bank and Treasury Receipt
SHCIL Stock Holding Corporation of India Limited
SUUTI Specified Undertaking of Unit Trust of India
SWIFT Society for Worldwide Interbank Financial Telecommunication
UIN Unique Identification Number