LIST OF ABBREVIATIONS

1 LIST OF ABBREVIATIONSxvAAIFR-Appellate Authority for Industrial andFinancial ReconstructionACE- asset Care Enterprise Clearing HousesACU-Asian Clearing UnionAD-Authorised DealerADB-Asian Development BankADR-American Depository ReceiptAFS-Available for SaleAFTA-ASEAN Free Trade AreaAIBP-Accelerated Irrigation BenefitProgrammeAICL-Agricultural Insurance Company ofIndia India Financial InstitutionsALD-Aggregate Liabilities to the DepositorsALM- asset Liability ManagementAMFI-Association of Mutual Funds in IndiaAML-Anti Money LaunderingAMS-Aggregate Measures of SupportAoA-Agreement on AgricultureAPDRP-Accelerated Power Development andReform ProgrammeAPL-Above Poverty LineAPM-Administered Price MechanismARC- asset Reconstruction CompanyARCIL- asset Reconstruction Company ofIndia Refinance andDevelopment CorporationAS-Accounting StandardASCI-Administrative Staff College of IndiaASEAN-Association of South East AsianNationsATC-Agreement on Textile and ClothingATM-Automated Teller MachineBCBS-Basel Committee on BankingSupervisionBCP-Business Continuity PlanBFS-Board for Financial SupervisionBFSI-Banking, Financial Services andInsuranceBIFR-Board for Industrial and FinancialReconstructionBIMST-EC-Banglade sh, India, Myanmar,Sri Lanka.

2 Thailand EconomicCooperationBIMSTEC-Bay of Bengal Initiative for Multi- sectoral Technical and EconomicCooperationBIS-Bank for International SettlementsBoP-Balance of PaymentsBPL-Below Poverty LineBPLR-Benchmark Prime Lending RateBPO-Business Process OutsourcingBPSS-Board for Payment and SettlementSystemsBRBNMPL-Bharatiya Reserve Bank Note MudranPrivate LimitedBSE-The Stock Exchange, MumbaiBSR-Basic Statistical ReturnsBTC-Bankers Training CollegeCA-Certification AuthorityCAB-College of Agricultural BankingCAC-Collective Action ClauseCAG-Comptroller and Auditor GeneralCBI-Central Bureau of InvestigationCBDT-Central Board of Direct TaxesCBLO-Collateralised Borrowing and LendingObligationCBoT-Chicago Board of TradeCBSL-Central Bank of Sri LankaCBS-Consolidated Banking StatisticsCCA-Controller of Certifying AuthoritiesCCIL-Clearing Corporation of India LimitedCCP-Central Counter PartyCD-Certificate of DepositCDBMS-Central Database ManagementSystemCDR-Corporate Debt RestructuringLIST OF ABBREVIATIONSxviCD-ROM-Compact Disk Read Only

3 MemoryCEA-Central Electricity AuthorityCECA-Comprehensive EconomicCooperation AgreementCENVAT-Central Value Added TaxCEO-Chief Executive OfficerCEPA-Comprehensive Economic PartnershipAgreementCEPR-Centre for Economic Policy ResearchCEPT-Common External Preferential TariffCFMS-Centralised Funds ManagementSystemCFS-Consolidated Financial StatementCFTS-Centralised Funds Transfer SystemCGRA-Currency and Gold RevaluationAccountCGTSI-Credit Guarantee Fund Trust for SmallIndustriesCIB-Capital Indexed BondCIBIL-Credit Information Bureau of IndiaLimitedCIS-Commonwealth of Independent StatesCLA-Central Listing AuthorityCLF-Collateralised Lending FacilityCOD-Central office DepartmentCoR-Certificate of RegistrationCPIS-Coordinated Portfolio InvestmentSurveyCPI-Consumer Price IndexCPI-IW-Consumer Price Index for IndustrialWorkersCPR-Consolidated Prudential ReportCP-Commercial PaperCPSS-Committee on Payment andSettlement SystemsCPSU-Central Power Sector UtilityCRAR-Capital to Risk Weighted Assets RatioCRM-Country Risk ManagementCRR-Cash Reserve RatioCSGL-Constituents' Subsidiary GeneralLedger AccountCSIR-Council of Scientific and IndustrialResearchCSO-Central Statistical OrganisationCSP-Central Sector ProjectCVPS-Currency Verification and ProcessingSystemDAD-Deposit Accounts

4 DepartmentDAPM-Department of Administration andPersonnel ManagementDBOD-Department of Banking Operationsand DevelopmentDBS-Department of Banking SupervisionDC-DB-Defined Contribution- Defined BenefitDCA-Debtor-Creditor AgreementDCCB-District Central Co-operative BankDCM-Department of Currency ManagementDEAP-Department of Economic Analysis andPolicyDEBC-Department of Expenditure andBudgetary ControlDEIO-Department of External Investmentsand OperationsDESACS-Department of Statistical Analysis andComputer ServicesDFHI-Discount and Finance House of IndiaDFI-Development Finance InstitutionDFID-Department For InternationalDevelopmentDFRC-Duty Free Replenishment CertificateDGBA-Department of Government and BankAccountsDGCI&S-Directorate General of CommercialIntelligence and StatisticsDICGC-Deposit Insurance and CreditGuarantee CorporationDIT-Department of Information TechnologyDNBS-Department of Non-BankingSupervisionDNSS-Deferred Net Settlement SystemDP-Depository ParticipantDRDA-District Rural Development AgencyDRG-Development Research GroupLIST OF ABBREVIATIONS xviiDRI-Differential Rate of InterestDRS-Disaster Recovery SystemDSS-Debt Swap SchemeDRT-Debt Recovery TribunalDTA-Domestic Tariff AreaDTL-Demand and Time LiabilitiesDvP-Delivery versus PaymentDWCRA-Development of Women and Childrenin Rural

5 AreasEC-Exchange ControlECB-External Commercial BorrowingECD-Exchange Control DepartmentECGC-Export Credit Guarantee CorporationECN-Electronic Communication NetworkECR-Export Credit RefinanceECS-Electronic Clearing ServicesEDI-Electronic Data InterchangeEDIFAR-Electronic Data Information Filing andRetrievalEEA-Exchange Equalisation AccountEEFC-Exchange Earners' foreign CurrencyAccountEFC-Eleventh Finance CommissionEFT-Electronic Funds TransferEKMS-Enterprise Knowledge ManagementSystemEME-Emerging Market EconomyEMM-Enterprise Maturity ModelEMU-European Monetary UnionEOU-Export Oriented UnitEPCG-Export Promotion Capital GoodsESCAP-Economic and Social Commission forAsia and the PacificESOP-Employees Stock Option PlanEU-European UnionEXIM-Export ImportFAQ-Frequently Asked QuestionFCA- foreign Currency AssetsFCI-Food Corporation of IndiaFCNRA- foreign Currency Non-ResidentAccountFCNR(B)- foreign Currency Non-Resident(Banks)

6 FCRA-Forward Contract Regulation ActFCCB- foreign Currency Convertible BondFDI- foreign Direct investmentFEDAI- foreign Exchange Dealers Association of IndiaFED- foreign Exchange DepartmentFEMA- foreign Exchange Management ActFER- foreign Exchange ReservesFET-ERS- foreign Exchange Transactions -Electronic Reporting SystemFI-Financial InstitutionFII- foreign Institutional InvestorFIIS-Farm Insurance Income SchemeFIMMDA-Fixed Income Money Market andDerivatives Association of IndiaFMCG-Fast Moving Consumer GoodsFRA-Forward Rate AgreementFRB-Floating Rate BondFRBM-Fiscal Responsibility and BudgetManagementFRL-Full Reservoir LevelFSSA-Financial System StabilityAssessmentsFTP-Financial Transaction PlanFTT- foreign Travel TaxG-20-Group of TwentyGAAP-Generally Accepted AccountingPrinciplesGATS-General Agreement on Trade inServicesGATT-General Agreement on Tariffs andTradeGB-Giga-bytesGCF-Gross Capital FormationGDCF-Gross Domestic Capital FormationGDP-Gross Domestic ProductGDS-Gross Domestic SavingLIST OF ABBREVIATIONS xviiiGDR-Global Depository ReceiptGFCF-Gross Fixed Capital FormationGFD-Gross Fiscal DeficitGIC-General Insurance Corporation ofIndiaGoI-Government of IndiaGRF-Guarantee Redemption FundGSO-Green Shoe OptionGST-Goods and Services TaxGTB-Global Trust BankHACCP-Hazard Analysis and Critical

7 ControlPointsHFC-Housing Finance CompanyHFT-Held for TradingHLCCFCM-High Level Co-ordination Committeeon Financial and Capital MarketHR-Human ResourcesHRDD-Human Resources DevelopmentDepartmentHTM-Held to MaturityHUDCO-Housing and Urban DevelopmentCorporationIAS-Integrated Accounting SystemIASC-Inspection and Audit Sub-CommitteeIATT-Inland Air Travel TaxIBA-Indian Banks AssociationIBS-International Banking StatisticsICA-Inter-creditor AgreementICAI-Institute of Chartered Accountants ofIndiaICC-International Credit CardICCOMS-Integrated Computerised CurrencyOperation and Management SystemICDs-Inter-corporate DepositsICG-Interactive Co-ordination GroupICOR-Incremental Capital Output RatioID-Inspection DepartmentIDC-International Data CorporationIDBI-Industrial Development Bank of IndiaIDFC-Infrastructure Development FinanceCompanyIDL-Intra-day LiquidityIDMD-Internal Debt ManagementDepartmentIDR-Indian Depository ReceiptIDRBT-Institute for Development andResearch in Banking TechnologyIEA-International Energy AgencyIECD-Industrial and Export CreditDepartmentIEM-Industrial Entrepreneurs MemorandaIFC-International Finance CorporationIFCI-Industrial Finance Corporation of IndiaIFI-International Financial InstitutionIFR-Investment Fluctuation ReserveIIBI-Industrial Investment Bank of IndiaIIP-Index of

8 Industrial ProductionIIP-International Investment PositionIIT-Indian Institute of TechnologyIMD-India Meteorological DepartmentIMF-International Monetary FundIMFC-International Monetary and FinancialCommitteeINFINET-Indian Financial NetworkIOSCO-International Organisation ofSecurities CommissionsIPO-Initial Public OfferingIRB-Internal Rating BasedIRDA-Insurance Regulatory andDevelopment AuthorityIRF-Interest Rate FutureIRS-Interest Rate SwapISA-Information System AuditsISP-Information Security PolicyISN-International System of NomenclatureIT-Information TechnologyITES-BPO-Information Technology EnabledServices and Business ProcessOutsourcingLIST OF ABBREVIATIONSxixJCI-Jute Corporation of IndiaJNIDB-Jawaharlal Nehru Institute ofDevelopment BankingJPC-Joint Parliamentary CommitteeJV-Joint VentureKCC-Kisan Credit CardKVIC-Khadi and Village IndustriesCommissionKYC-Know Your CustomerLAB-Local Area BankLAF-Liquidity Adjustment FacilityLAN-Local Area NetworkLaR-Liquidity at RiskLBS-Locational Banking StatisticsLC-Letter of CreditLD-Legal DepartmentLIC-Life Insurance Corporation of IndiaLIBOR-London Inter-Bank Offered RateLIFFE-London Inter-Bank Financial FuturesExchangeLPA-Long Period AverageLPG-Liquefied Petroleum GasLTO-Long Term OperationsLVPS-Large Value Payment SystemsM&A-Merger and

9 AcquisitionM3-Broad MoneyMASI-Management Audit SystemsInspectionMAT-Minimum Alternate TaxMB-Mega-byteMBS-Mortgage-Backed SecuritiesMFA-Multi Fibre AgreementMG-Mahatma GandhiMICR-Mag