BANKING ABBREVIATIONS

BANKING ABBREVIATIONS

[1] ADB: Asian Development Bank

[2] ADR: American Depositary Receipt

[3] AIDWA: All India Democratic Woman’s Association

[4] AITUC: All India Trade Union Congress

[5] AMFI: Association of Mutual Funds in India

[6] APEC: Asia-Pacific Economic Cooperation

[7] APL: Above Poverty Line

[8] APM: Administered Pricing Mechanism

[9] ARC: Asset Reconstruction Company

[10] ARDR: Agricultural and Rural Debt Relief

[11] ASBA: Application Supported by Block Amount

[12] ASEAN: Association of South-East Asian Nations

[13] ASEM: Asia-Europe Meeting

[14] ASSOCHAM: Associated Chambers of Commerce and Industry

[15] ATM: Automatic Teller Machine

[16] BIFR: Board of Industrial and Financial Reconstruction

[17] BCBS: Basel committee for Banking Supervision

[18] BCSBI: Banking Codes and Standards Board of India

[19] BIS: Bureau of Indian Standards

[20] BOLT: BSE On-Line Trading (System)

[21] BOT: Build, Operate and Transfer

[22] BPL: Below Poverty Line

[23] BPO: Business Process Outsourcing

[24] BSE: Bombay Stock Exchange

[25] CA: Chartered Accountant

[26] CABE: Central Advisory Board of Education

[27] CACP: Commission of Agriculture Cost and Price

[28] C & AG: Comptroller & Auditor General

[29] CAMELS: C - Capital adequacy, A -Asset quality, M - Management quality, E – Earnings, L – Liquidity, S - Sensitivity to Market Risk

[30] CAPART: Council for People’s Action and Advancement of Rural Technology

[31] CAR: Capital adequacy ratio

[32] CARE: Credit Analysis & Research Ltd.

[33] CBS: Core banking solution

[34] CCI: Competition Commission of India

[35] CCIL: Clearing Corporation of India limited

[36] CDSL: Central Securities Depository Limited

[37] CECA: Comprehensive Economic Cooperation Agreement

[38] CEPA: Comprehensive Economic Partnership Agreement

[39] CIBIL: Credit Information Bureau (India) Ltd

[40] CII: Confederation of Indian Industry

[41] CIS: Commonwealth of Independent States

[42] CHOGM: Commonwealth Heads of Government Meeting

[43] CITES: Convention on International Trade in Endangered Species

[44] CITU: Centre Of Indian Trade Unions

[45] CMP: Common Minimum Programme

[46] CPI (UNME): The Consumer Price Index for Urban Non-Manual Employees.

[47] CPI (AL): Consumer Price Index for Agricultural Laboures.

[48] CPI (IW): Consumer Price Index for Industrial Workers

[49] CPI (RL): Consumer Price Index for Rural Labourers

[50] CRAR: Capital to Risk (Weighted) Assets Ratio

[51] CRISIL: Credit Rating Information Services of India Limited

[52] CRR: Cash Reserve Ratio

[53] CSIR: Council of Scientific and Industrial Research

[54] CST: Central Sales Tax

[55] CTT: Commodities Transaction Tax

BANKING ABBREVIATIONS (PART 2)

[1] DA: Dearness Allowance; Daily Allowance

[2] DMIC: Delhi-Mumbai Industrial Corridor

[3] DPEP: District Primary Education Programme

[4] ECA: Essential Commodity Act

[5] ECB: External Commercial Borrowings

[6] ECS: Electronic clearing system

[7] EDUSAT: Education Satellite

[8] EEE: Exempt Exempt Exempt

[9] EET: Exempt Exempt Taxation

[10] EFA: Education for All

[11] EFT: Electronic fund transfer

[12] EEFC Accounts: Exchange Earners Foreign Currency Account

[13] EGoM: Empowered Group of Ministers

[14] EMI: Equated Monthly Installment

[15] EMS: European Monetary System

[16] ERNET: Educational and Research Network

[17] ESA: European Space Agency

[18] ESCAP: Economic and Social Commission for Asia and Pacific

[19] ESMA: Essential Services Maintenance Act

[20] ESOP: Employee Stock Option Programme

[21] EU: European Union

[22] FAO: Food and Agriculture Organisation

[23] FCCB: Foreign Currency Convertible Bond

[24] FCNR: Foreign Currency (Non- Resident) Accounts Scheme

[25] EPF: Employees Provident Fund

BANKING ABBREVIATIONS(PART 3)

[1] EPFO: Employees Provident Fund Organization

[2] FDI: Foreign Direct Investment

[3] FEMA: Foreign Exchange Management Act

[4] FERA: Foreign Exchange Regulations Act

[5] FICCI: Federation of Indian Chambers Of Commerce and Industry

[6] FII: Foreign Institutional Investors

[7] FIPB: Foreign Investment Promotion Board (Of India)

[8] FMCG: Fast Moving Consumer Goods

[9] FPO: Follow on Public Offer

[10] FRBM: Fiscal Responsibility And Budget Management

[11] FSSA: Food Safety And Standards Authority (Of India)

[12] FTA: Free Trade Area

[13] GATT: General Agreement On Tariffs And Trade

[14] GCC: Gulf Cooperation Council

[15] GDP: Gross Domestic Product

[16] GDR: Global Depositary Receipt

[17] GEF: Global Environment Fund

[18] GIC: General Insurance Corporation

[19] GNP: Gross National Product

[20] GST: Goods and Service Tax

[21] HDFC: Housing Development Finance Corporation Limited

[22] HDI: Human Development Index

[23] HSBC: Hongkong and Shanghai Banking Corporation Limited

[24] HUDCO: Housing And Urban Development Corporation

[25] IAAI: International Airport Authority Of India