ECONOMIC ABBREVIATIONS

ACTA-ANTI COUNTER PART TRADE AGGREMENT
ACS-AUTOMATED CLEARING SYSTM
ADR-AMERICAN DEPOSITORY RECEIOTS
APEC-ASIAN PACIFIC ECONOMIC COOPERATION
ARCIL-ASSET RECONSTRUCTION COMPANY OF INDIA LTD
ASBA-APPLICATION SUPPORTED BY BLOCKED AMOUNT
ATM-AUTOMATED TELLER MACHINE
ASHA-ACCREDITED SOCIAL HEALTH ACTIVIST
BIFR-BOARD FOR INDUSTRIAL AND FINANCIAL RECONSTRUCTION
CAPART-COUNCIL FOR ADVANCEMENT OF PEOPLE ACTION AND RURAL
RECHNOLOGY
CCEA-CABINET COMMITTEE ON ECONOMIC AFFAIRS
CCI-COMPETITION COMMISSION OF INDIA
CCIL-CLEARING CORPORATION OF INDIA LTD
CDMA-CODE DIVISION MULTIPLE ACCESS
CRR-CASH RESERVE RATIO
CDS-CREDIT DEFAULT SWAP
CPI-CONSUMER PRICE INDEX
CRAR-CAPITAL TO RISK WEIGHTED ASSET RATIO
CRMD-CREDIT RISK MANAGEMENT DEPARTMENT
DDT-DIVIDEND DISTRIBUTION TAX
DFTP-DUTY FREE TARIFF PREFERENCE SCHEME
DSE-DIRECT SELLING AGENT
DTAA-DOUBLE TAXATION AVOIDANCE AGGREMENT
ECB-EXTERNAL COMMERCIAL BORROWINGS
ECS-ELECTRONIC CLEARING SYSTEM
ELSS-EQUITY LINKED SAVING SCHEME
EEFC-EXCHANGE EARNER FOREIGN CURRENCY ACCOUNT
ERP-ENTERPRISE RESOURCE PLANNING
EXIM-EXPORT–IMPORT BANK OF INDIA
FAO-FOOD AND AGRICULTURAL ORGANISATION
FCRA-FORWARD CONTRACTS REGULATION ACT
FCNR-FOREIGN CURRENCY NON RESIDENT ACCOUNTS
FDI-FOREIGN DIRECT INVESTMENT
FEMA-FOREIGN EXCHANGE MANAGEMENT ACT
FERA-FOREIGN EXCHANGE REGULATION ACT
FII-FOREIGN INSTITUTIONAL INVESTORS
FEDAI - FOREIGN EXCHANGE DEALERS' ASSOCIATION OF INDIA
FRBM-FISCAL RESPONSIBILITY AND MANAGEEMNT ACT
FCCB-FOREIGN CURRENCY CONVERTIBLE BONDS
FIPB-FOREIGN INVESTMENT PROMOTION BOARDPrepared By: Vaibhav Gupta
FSDC-FINANCIAL STABILITY DEVELOPMENT COUNCIL
FLCC-FINANCIAL LITERACY AND CREDIT COUNSELLING
FIMMDA-FIXED INCOME MONEY MARKET & DERIVATIVES ASSOCIATION
FPO-FOLLOW ON PUBLIC OFFER
GCC-GULF COOPERATION COUNCIL
HNI-HIGH NETWORTH INDIVIDUAL
HUF-HINDU UNDIVIDED FAMILY
IBPS-INTER BANK MOBILE PAYMENT SERVICE
IDR-INDIAN DEPOSITORY RECEIPTS
IMF-INTERNATIONAL MONETARY FUND
IBRD-International Bank For Reconstruction And Development(World Bank)
ICICI-INDUSTRIAL CREDIT INVESTMENT CORPORATION OF INDIA
IDBI-INDUSTRIAL DEVELOPMENT BANK OF INDIA
IIP-INDEX OF INDUSTRIAL PRODUCTION
IRR- INTERNAL RATE OF RETURN
KYC-KNOW YOUR CUSTOMER
LAF-LIQUID ADJUSTMENT FACILITY
LLP-LIMITED LIABILITY PARTNERSHIP
LIBOR-LONDON INTER BANK OFFERED RATE
LFAR-LONG FORM AUDIT REPORT
LTCM-LONG TERM CAPITAL MANAGEMENT
MSF-MARGINAL STANDARD FACILITY
MMMF-MONEY MARKET MUTUAL FUNDS
MSS-MARKET STABILISATION SCHEME
MICR-MAGNETIC INK CHARACTER RECOGNITION CHEQUE
MRGF-MORTGAGE RISK GUARANTEE FUND
M & A- MERGER & ACQUISTION
NFC-NON BANKING FINANCE COMPANIES
NEFT-NET ELECTRONIC FUND TRANSFER
NDTL-NET DEMAND TIME LIABILITIES
NEFT-NET ELECTRONIC FUND TRANSFER
NPA-NON PERFORMING ASSET
NABARD-NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT
NDMA-NATIONAL DISASTER MANAGEMENT AUTHORITY
OECD-ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT
OFCD-OPTIONALLY FULLY CONVERTIBLE DEBENTURE
OMO-OPEN MARKET OPERTION
OPEC-ORGANISATION FOR PETROLEUM EXPORTING COUNTRIES
PIN-PERSONAL IDENTIFICATION NUMBER
POS-POINT OF SCALE
PSLC-PRIORITY SECTOR LENDING CERTIFICATES
PSA-PRIORITY SECTOR ADVANCES
PLR-PRIME LENDING RATE
PPP-PURCHASING POWER PARITY
PPP-PUBLIC PRIVATE PARTNERSHIP
QIB-QUALIFIED INSTITUTIONAL BUYERSPrepared By: Vaibhav Gupta
RBI-RESERVE BANK OF INDIA
RTGS-REAL TIME GROSS SETTLEMENT
SAARC-SOUTH ASIAN ASSOCIATION REGIONAL COOPERATION
SLR-STATUTORY LIQUIDITY RATIO
SARFAESI- Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest
STRIPS-Seperate Trading Registered Interest And Principal Securities
SEPA-Single Euro Payment Area
SEBI-SECURITY EXCHANGE BOARD OF INDIA
SCC-SELECTIVE CREDIT CONTROL
SIDBI-SMALL INDUSTRIAL DEVELOPMENT BANK OF INDIA
SME-SMALL MICRO ENTERPRISES
SEZ-SPECIAL ECONOMIC ZONES
SIP-SYSTEMATIC INVESTMENT PLAN
SPNS-SHARED PAYMENT NETWORK SYSTEM
STCI-SECURITIES TRADING CORPORATION OF INDIA
SWOT-STRENGTH WEAKNESS OPPORTUNITIES THREATS
SWIFT-Society For World Wide Inter Bank Financial Telecommunication
SDR-SPECIAL DRAWING RIGHTS
ULIP-UNIT LINKED INSURANCE PLAN
USP-UNIQUE SELLING PROPOSITION
WPI-WHOLESALE PRICE INDEX