LATEST ABBREVIATIONS

LATEST ABBREVIATIONS

• KCC – Kisan Credit Card

• KVIC – Khadi and Village Industries Corporation

• KYC – Know your customer

• LAMPS – Large Sized Adivasi Multipurpose societies

• LERMS – Liberalised Exchange Rate Management System

• LIC – Life Insurance Corporation of India

• MCA – Ministry of Company affairs

• MIS – Management Information System

• MICR – Magnetic Ink Character Recognition

• NABARD – National Bank for Agriculture and Rural Development

• NBFC – Non Banking Finance Companies

• NEFT – National Electronic Funds Transfer

• NPA – Non Performing assets

• NRE – Non Resident External account

• NRI – Non Resident Indian

• NSE – National Stock Exchange

• OLTAS – Online tax accounting system

• OMO – Open market operations

• PACS – Primary Agricultural Credit Societies

• PDO – Public Debt Office

• PIN – Personal Identification Number

• QIB – Qualified Institutional Buyers

• RBI – Reserve Bank of India

• RDBMS – Relational Database Management System

• REC – Rural ElectrificationCorporation

• 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

• SDR – Special Drawing Rights

• SEBI – Securities and Exchange Board of India

• SFMS - Structured Financial Messaging Services

• SHG – Self Help Group

• SIDBI – Small Industries Development Bank of India

• SIDC – State Industrial Development Corporation

• SJSRY –Swarna Jayanthi Shahari Rozgar Yojana

• SLR – Statutory Liquidity Ratio

• SLRS – Scheme for Liberation and Rehabilitation of Scavangers

• SMERA – SME rating agency of India Limited

• SSI – Small Scale Industries

• SME – Small and Medium Industries

• SSSBE – Small Scale Service and Business Enterprises

• UTI – Unit Trust of India

• WPI – Wholesale Price Index

• YTM – Yield to maturity

• LAB – Local Area Banks

• ALM – Asset Liability Management

• ANBC – Adjusted Net Bank Credit

• ASBA – Applications supported Bank accounts

• BOE – Bill of Exchange

• CASA – Current and savings accounts

• CBLO – Collateralised Bank Lending Obligations

• CIBIL – Credit Information Bureau of India Limited

• DPG – Deferred Payment Guarantee

• DPN – Demand Promissory Note

• DRAT – Debt Recovery Appellate tribunal

• DRI – Differential Rate of Interest

• DSCR – Debt Service Coverage Ratio

• EDI – Electronic Data Interchange

• EMI – Equated Monthly Instalments

• EPS – Earnings Per Share

• ESOP – Employee Stock Options

• FEDAI – Foreign Exchange Dealers Association of India

• FFMC – Full Fledged Money Changers

• FOB – Free on Board

• LIBOR – London Inter Bank Operations Rate