Abbreviations

Some Important Abbreviations

1. ATT- Arms Trade Treaty
2. CRIS- Comparative Rating Index for
Sovereigns
3. CFSA- Committee on Financial Sector
Assessment
4. GAAR- General Anti Avoidance Rules
5. GRAIL- Gravity Recovery and Interior
Laboratory
6. GAGAN- GPS Aided Geo Augmented
Navigation
7. IAEA- International Atomic Energry Agency
8. NCTC- National Counter Terrorism Centre
9. NEFT- National Electronic Fund Transfer
10. OCTOPUS- Organisation for Counter
Terrorism Operation
11. PURA- Providing Urban Amenities in Rural
Areas
12. SIMRAN- Satellite Imaging for Rail
Navigation
13. IRDA- Insurance Regulatory and
Development Authority
14. TRAI- Telecom Regulatory Authority of India
15. UIDAI- Unique Identification Authority of
India
16. MNREGA- Mahatma Gandhi National Rural
Employment Guarantee Act

17.AADHAAR card denotes – Unique Identity Number PSL – Priority sector lendingNBFC – Non Banking Financial Company

18. WPI – Wholesale price Index
19. CPI – Consumer Price Index
20. LAF – Liquidity adjustment facility
21. NDTL – Net Deman d and Time Liabilities
22. UCB – Urban Cooperative Bank
23. ECS – Electronic clearing service
24. FSLRC – Financial Sector Legislative Reforms Commission
25.UCIC – Unique Customer Identification Code
26. AML – Anti Money Laundering
27. CFT – Combatting of financial terrorism
28. SME – Small and Mediu m Enterprises
29. CDR – Corporate Debt Restructuring
30. CDS –Credit Default Swaps
31. IRS – Interest Rate Swaps
32. FII – Foreign Institutional Investors
33. RRB – Regional Rural Banks
34. PDC – Post Dated Cheques
35. MSE – Micro an d Small Enterpr ises
36. DCCO – Date of commencement of commercial operations
37. CRAR – Capital to Risk weighted assets ratio
38. IBL – Inter bank liability
39. GDS – Gold deposit scheme
40. CAD – Current account deficit
41. MFIN – Micro Finance Institutions Network
42. IRDA – Insurance Regulatory Development Authority
43. CRMPG –Counterparty Risk Management Policy Group
44. HTM – Held to maturity
45. SLR – Statutor y Liquidity Ratio
46. BC – Business correspondents
47. BF – Business facilitators
48. DSA – Direct selling agents
49.DMA – Direct mar keting agents
50. DRA – Debt Recovery agents
51. ELA – Emergency Liquidity assistance
52. BOP – Balance of payments
53. APBS – AADHAAR payment bridge system
54. FDI – Foreign direct investment
55. MSF – Marginal standing facility
56. FFA – Forward freight agreements
57. BIS – Bank for international settlements
58. BR act – Banking Regulation act
59. MCX – Mu lti commodity exchange
60. PSB – Public sector banks