Important Abbreviations in Banking

1. ACF – Auto-Correlation Function

2. AD – Authorized Dealer

3. ADB – Asian Development Bank

4. ADR – American Depository Receipt

5. AFS – Annual Financial Statement

6. AGM – Annual General Meeting

7. ASSOCHAM – Associated Chambers of Commerce and Industry of India

8. AMFI – Association of Mutual Funds in India

9. ALM – Asset Liability Management

10. ATM – Automated Teller Machine

11. BIS – Bank for International Settlements

12. BOP – Balance of Payments

13. BCBS – Basel Committee on Banking Supervision

14. BSR – Basic Statistical Returns

15. BSE – Bombay Stock Exchange

16. CAD – Capital Account Deficit

17. CAG – Comptroller and Auditor General of India

18. CAR – Cash Adequacy Ratio

19. CBS – Core Banking Solution

20. CCEA – Comprehensive Economic Cooperation Agreement

21. CDBS – Committee of Direction of Banking Statistics

22. CEPA – Comprehensive Economic Partnership Agreement

23. CFRA – Combined Finance and Revenue Accounts

24. CGRA – Currency and Gold Revaluation Account

25. CIBIL – Credit Information Bureau (India) Limited

26. CII – Confederation of Indian Industries

27. CPI – Consumer Price Index

28. CRR – Cash Reserve Ratio

29. DICGC – Deposit Insurance and Credit Guarantee Corporation

30. DTAA – Double Taxation Avoidance Agreement

31. ECB – External Commercial Borrowing

32. ECS – Electronic Clearing Service

33. EEFC – Exchange Earner’s Foreign Currency

34. EFSF – European Financial Stability Facility

35. EXIM – Export-Import Bank of India

36. FCA – Foreign Currency Assets

37. FCNRA – Foreign Currency Non-resident Account

38. FDI – Foreign Direct Investment

39. FERA – Foreign Exchange Regulation Act

40. FICCI – Federation of Indian Chambers of Commerce and Industry

41. FII – Foreign Institutional Investor

42. FIMMDA – Fixed Income Money Markets and Derivatives Association

43. FINO – Financial Inclusion Network Operation

44. FIPB – Foreign Investment Promotion Board

45. FPI – Foreign Portfolio Investment

46. FSDC – Financial Stability and Development Council

47. FSLRC – Financial Sector Legislative Reforms Commission

48. FTA – Free Trade Agreement

49. GDP – Gross Domestic Product

50. GDR – Global Depository Receipt

51. GFD – Gross Fiscal Deficit

52. GIRO – Government Internal Revenue order

53. GAAR – General Anti Avoidance Rule

54. HDFC – Housing Development Finance Corporation

55. SLR – Statutory Liquidity Ratio

56. ICICI – Industrial Credit and Investment Corporation of India

57. IDBI – Industrial Development Bank of India

58. IMF – International Monetary Fund

59. IPO – Initial Public Offering

60. LAF – Liquidity Adjustment Facility

61. LIBOR – London Inter Bank offered Rate

62. MIBOR – Mumbai Inter – Bank Offer Rate

63. NABARD – National Bank of Agricultural and Rural Development

64. NASSCOM – National Association of Software and Services Companies

65. NBFC – Non-Banking and Finance Companies

66. NEFT – National Electronic Funds Transfer System

67. NSE – National Stock Exchange

68. NPA – Non Performing Assets

69. OMO – Open Market Operations

70. RTGS – Real Time Gross Settlement

71. SSC – Selective Credit Control

72. SHGs – Self Help Groups

73. SEBI – Securities and Exchange Board of India

74. SIDBI – Small Industries and Development Bank of India

75. WPI – Wholesale Price Index

76. MFI – Micro Financial Institution

77. IFI – International Financial Institution

78. FSR – Financial Stability Report

79. MFSS – Mutual Fund Service System

80. FRA – Financial Redressal Agency

81. FSLRC – Financial Sector Legislative Reforms Commission

82. IPR – Intellectual Property Rights

83. AIIB – Asian Infrastructure Investment bank

84. ETF – Exchange Traded Funds

85. NPS – New Pension Scheme

86. EDFC – Eastern Dedicated Freight Corridor

87. OCAS – Online Customer Acquisition Solution

88. SDR – Strategic Debt Restructuring

89. RSOC – Rapid Survey On Children

90. FSSAI – Food Safety & Standard Authority of India

91. SECC – Socio Economic & Caste Census

92. PPI – Prepaid payment Instrument

93. OLP – Online Learning Portal

94. UCT – Unconditional Cash Transfer

95. CCT – Conditional Cash Transfer

96. AEOI – Automatic Exchange Of Information

97. FATCA – Foreign Account Tax Compliance Act

98. NGN – New Generation Network