Important Abbreviations

• VKGUY - Vishesh Krishi Gram Udyog Yojana 
• VPN - Virtual Private Network
• WADR - Weighted Average Discount Rate
• WEO - World Economic Outlook
• WMA - Ways and Means Advances
• WPI - Wholesale Price Index
• WSS - Weekly Statistical Supplement
• WTO - World Trade Organisation
• XBRL - eXtensible Business Reporting Language
• XML - Extensible Markup Language

Important Abbreviations

• UBD - Urban Banks Department
• UCBs - Urban Cooperative Banks
• UCNs - Uniform Code Numbers
• UNDP - United Nations Development Programme
• UNICO - Umbrella Organisation for Large Cooperative Banks in Europe
• UNDP - United Nations Development Programme
• UNIDO - United Nations Industrial Development Organisation
• UNME - Urban Non-Manual Employees
• US - United States
• USD - US Dollars

Important Abbreviations

• TAC - Technical Advisory Committee
• TAFCUBs - Task Force for Urban Co-operative Banks
• TAG - Technical Advisory Group
• TALF - Term Asset-Backed Securities Loan Facility
• TFC - Twelfth Finance Commission
• TFCI - Tourism Finance Corporation of India
• TFP - Total Factor Productivity
• TFTS - Trade for Trade Settlement
• TIN - Tax Information Network
• TMSM - Training Methods and Skills for Managers
  

Impotant Abbreviations

• SAARC - South Asian Association for Regional Co-operation
• SACPs - Special Agricultural Credit Plans
• SAD - Single Administrative Document
• SDDS - Special Data Dissemination Standards
• SAMIS - Service Area Monitoring and Information System
• SAP - State Agricultural Plan
• SARFAESI - Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
• SBI - State Bank of India
• SC - Scheduled Caste
• SCs - Securitisation Companies
• SCB - Scheduled Commercial Bank
• SDLs - State Development Loans
• SDR - Special Drawing Rights
• SEBI - Securities and Exchange Board of India
  

Important Abbreviations

• R&D - Research & Development
• RBI - Reserve Bank of India
• RBIA - Risk Based Internal Audit
• RBSC - Reserve Bank Staff College
• RCs - Reconstruction Companies
• RCC - Regional Complaints Committee
• RCS - Registar of Co-operative Societies
• RE - Revised Estimates
• REER - Real Effective Exchange Rate
• REGP - Rural Employment Generation Programme
• RIDF - Rural Infrastructure Development Fund
• RKVY - Rashtriya Krishi Vikas Yojana

Important Abbreviations

• PACS - Primary Agricultural Credit Socity
• PAD - Public Accounts Department
• PAN - Permanent Account Number
• PCA - Prompt Corrective Action
• PCPS - Perpetual Cumulative Preference Shares
• PDs - Primary Dealers
• PDI - Perpetual Debt Instruments
• PDO - Public Debt Office
• PDO-NDS - Public Debt Office - Negotiated Dealing System
• PDS - Public Distribution System
• PE - Private Equity
• PF – Provident Fund

Important Abbreviations

• OBC - Oriental Bank of Commerce
• OBCs - Other Backward Classes
• OBE - Off- Balance Sheet Exposures
• OD - Overdraft
• OECD - Organisation for Economic Co-operation and Development
• ODI - Offshore Derivative Instruments
• OLTAS - Online Tax Accounting System
• OMO - Open Market Operation
• OMS - Open Market Sales
• OPEC - Organisation for Petroleum Exporting Countries

Important Abbreviations

• NAB - New Arrangement to Borrow
• NABARD - National Bank for Agriculture and Rural Development
• NASSCOM - National Association of Software and Services Companies
• NAV - Net Asset Value
• NBFCs - Non-Banking Financial Companies
• NBFC-D - Deposit taking NBFC
• NBFC-ND - Non-deposit taking NBFC
• NBFC-ND-SI - Systemically Important Non-deposit taking NBFC
• NCR - National Capital Region
• NBO - National Building Organisation
• NDA - Net Domestic Asset
• NDS - Negotiated Dealing Systems

Important Abbreviations

• M1 - Narrow Money
• M3 - Broad Money
• MA - Moving Average
• MASI - Management Audit Systems Inspection
• MAT - Minimum Alternate Tax
• MCA - Ministry of Company Affairs
• MIGA - Multilateral Investment Guarantee Agency
• MIS - Management Information System
• MMSE - Minimum Mean Squared Errors
• MODVAT - Modified Value Added Tax

Important Abbreviations

• LAF - Liquidity Adjustment Facility
• LBD - Land Development Bank
• LBS - Locational Banking Statistics
• LCD - Liquid Crystal Display
• LERMS - Liberalised Exchange Rate Management System
• LIBOR - London Inter-Bank Offer Rate
• LIC - Life Insurance Corporation of India

Important Abbreviations

• JCO - Junior Commissioner Officer
• JLG - Joint Liability Group
• JNNURM - Jawaharlal Nehru National Urban Renewal Mission
• JP - Justices of Peace
• JPEG - Joint Photographic Expert Group
• JPP - Janata Parliamentary Party
• JSC - Joint Stock Company 

Important Abbreviations

• IBRD - International Bank for Reconstruction and Development
• IBS - International Banking Statistics
• ICAC - International Cotton Advisory Committee
• ICAI - Institute of Chartered Accountants of India
• ICAR - Indian Council of Agricultural Research
• ICICI - Industrial Credit and Investment Corporation of India
• ICMR - Indian Council of Medical Research
• ICT - Information and Communication Technology
• IDB - India Development Bonds
• IDBI - Industrial Development Bank of India

Important Abbreviations

• HDFC - Housing Development Finance Corporation
• HFCs - Housing Finance Companies
• HFT - Held For Trading
• HICP - Harmonised Index of Consumer Prices
• HO - Head Office
• HR - Human Resources
• HRDD - Human Resources Development Department

Important Abbreviations

• GDP - Gross Domestic Product
• GDR - Global Depository Receipt
• GFD - Gross Fiscal Deficit
• GFS - Government Finance Statistics
• GIC - General Insurance Corporation
• GLS - Generalized Least Squares
• GNIE - Government Not Included Elsewhere
• GoI - Government of India
• GPD - Gross Primary Deficit

Important Abbreviations

• FAO - Food & Agriculture Organisation
• FAQs - Frequently Asked Questions
• FATF - Financial Action Task Force
• FBT - Fringe Benefit Tax
• FC - Financial Conglomerate
• FCAs - Foreign Currency Assets
• FCCB - Foreign Currency Convertible Bond
• FCI - Food Corporation of India
• FCNR(B) - Foreign Currency Non-Resident (Banks)
• FDI - Foreign Direct Investment
• FED - Foreign Exchange Department

Important Abbreviations

• EACB - European Association of Co-operative Banks
• EBT - Electronic Benefit Transfer
• ECB - European Central Bank
• ECBs - External Commercial Borrowings
• ECGC - Export Credit Guarantee Corporation
• ECR - Export Credit Refinance
• ECS - Electronic Clearing Services
• EEA - Exchange Equalisation Account
• EEFC - Exchange Earners’ Foreign Currency

Important Abbreviations

• DAD - Deposit Accounts Department
• DAP - District Agricultural Plan
• DAPM - Department of Administration and Personnel Management
• DBOD - Department of Banking Operations and Development
• DBS - Department of Banking Supervision
• DCC - District Consultative Committee
• DCCB - District Central Cooperative Bank
• DCM - Department of Currency Management
• DD - Demand Draft

Important Abbreviations

• CA - Concurrent Audit
• CAB - College of Agricultural Banking
• CACP - Commission for Agricultural Costs and Prices
• CAD - Current Account Deficit
• CAMELS - Capital Adquacy, Asset Quality, Management, Earnings, Liquidity, Systems and Control
• CAS - Central Account Section
• CBDT - Central Board of Direct Taxes
• CBLO - Collateralised Borrowing and Lending Obligation
• CBS - Consolidated Banking Statistics

Important Abbreviations

• BAFT - Bankers’ Association for Finance & Trade
• BC - Business Correspondent
• BCBS - Basel Committee on Banking Supervision
• BCP - Business Continuity Planning
• BCSBI - Banking Codes and Standards Board of India
• BE - Budget Estimates
• BF - Business Facilitator
• BFS - Board for Financial Supervision
• BFSI - Banking Financial Services and Insurance

Important Abbreviations

• ABCI - Association of Business Communicators of India
• ABCP - Asset Backed Commercial Paper
• ACU - Asian Clearing Union
• ADB - Asian Development Bank
• ADF - Augmented Dicky Fuller
• ADR - Asset Development Reserve
• ADRs - American Depository Receipts
• ADs - Authorised Dealers
• AERA - Airport Economic Regulatory Act