Banking Abbreviations

• FEDAI- Foreign Exchange Dealers Association of India

• ALCO- Asset Liability Committee

• ALM- Asset Liability Management

• KVIC- Khadi and Village Industries Corporation

• KYC- Know Your Customer

• EXIM bank- Export and Import Bank of India

• NABARD- National Bank for Agriculture and Rural Development

• SIDBI- Small Industries Development Bank of India

• EDP- Entrepreneurship Development Programme

• LAMPS- Large Sized Adivasi Multipurpose Societies

• LERMS- Liberalized Exchange Rate Management System

• NABARD- National Bank for Agriculture and Rural Development

• NBFC- Non Banking Finance Companies

• QIB- Qualified Institutional Bankers

• RBI- Reserve Bank of India

• RDBMS- Relational Database Management System

• REC- Rural Electrification Corporation

• RFC- Resident Foreign Currency

• RIDF- Rural Infrastructure Development Fund

• RRB- Regional Rural Bank

• RTGS- Real Time Gross Settlement

• RWA- Risk Weighted Assets

• SBI- State Bank of India

• SCB- Scheduled Commercial Bank

• NRE- Non Resident External Account

• NRI- Non Resident Indian

• SDR- Special Drawing Rights

• YTM-Yield to Maturity

• LAB- Local Area Banks

• ALM- Asset Liability Management

• ANBC- Adjusted Net Bank Credit

• ASBA- Applications Supported Bank Accounts

• DPG- Deferred Payment Guarantee

• DRI- Differential Rate Of Interest

• DSCR- Debt Service Coverage Ratio

• FEDAI- Foreign Exchange Dealers Association Of India

• FOB- Free On Board

• NPV- Net Present Value

• DPN- Demand Promissory Note

• DRAT- Debt Recovery Appellate Tribunal

• OCB- Overseas Corporate Bodies

• POA- Power of Attorney

• OLTAS- Online Tax Accounting System

• OMO- Open Market Operations

• PACS- Primary Agricultural Credit Societies

• LIC- Life Insurance Corporation of India

• IEPF- Investors Education and Protection Fund

• IRDA- Insurance Regulatory and Development Authority

• CCIL- Clearing Corporation of India Limited

• OTCEI- Over the Counter Exchange Of India

• ISCI- International Standard Industrial Classification

• KCC- Kisan Credit Card

• BCSBI- Banking Codes and Standards Board of India

• SEBI- Securities and Exchange Board of India

• SFMS- Structured Financial Messaging Services

• SHG- Self Help Group

• CAR- Capital Adequacy Ratio

• SEBI- Securities and Exchange Board of India

• MICR- Magnetic Ink Character Recognition

• NSE- National Stock Exchange

• FCNR- Foreign Currency Non Resident Deposit Accounts

• CDRS- Corporate Debt Restructuring

• IDRBT- Institute for Development and Research Of Banking Technology

• YTM- Yield To Maturity

• MCA- Ministry Of Company Affairs

• MIS- Management Information System

• CRISIL- Credit Rating Information Services Of India

• ICRA- Investment Information and Credit Rating Agency of India Limited

• CARE- Credit Analysis and Research Limited

• IRDA- Insurance Regulatory and Development Authority of India

• CASA- Current and Savings Accounts

• CBLO- Collateralized Bank Lending Obligations

• CIBIL- Credit Information Bureau of India Limited

• CRR- Cash Reserve Ratio

• KYC- Know Your Customer Guidelines

• IPO- Initial Public Offer

• SLR- Statutory Liquidity Ratio

• SLRS- Scheme for Liberation and Rehabilitation of Scavengers

• EMI- Equated Monthly Instalments

• SSI- Small Scale Industries

• SME- Small and Medium Industries

• UTI- Unit Trust of India

• WPI- Wholesale Price Index

• EDI- Electronic Data Interchange

• EPS- Earning per Share

• ESOP- Employee Stock Options

• PDO- Public Debt Office

• PIN- Personal Identification Number

• NBFC- Non Banking Finance Companies

• NEFT- National Electronic Fund Transfer

• RTGS- Real Time Gross Settlement

• NPA- Non Performing Assets

• QIB- Qualified Institutional Buyers

• BOE- Bill of Exchange

• SMERA- SME Rating Agency of India Limited

• SLR- Statutory Reserve Ratio

• SIDBI- Small Industries Development Bank of India

• SIDC- State Industrial Development Corporation

• SJSRY- Swarna Jayanthi Shahari Rozgar Yojana

• SSSBE- Small Scale Service and Business Enterprises