BANKING ABBREVIATIONS

ABBREVIATION IN NEWS
1	OLTAS	On-line Tax Accounting System (OLTAS) for Direct Taxes
2	TIN	Tax Information Network (TIN)
3	IMPS	Interbank Mobile Payment Service (IMPS).
4	CDR	Corporate Debt Restructuring
5	CAD	Capital Account Deficit
6	REITs	Real Estate Investment Trusts
7	InvITs	Infrastructure Investment Trusts
8	ALM	Asset Liability Management
9	AML	Anti Money Laundering
10	KYC	Know Your Customer
11	ASBA	Application Supported by Blocked Amount
12	BSBDA	Basic Savings Bank Deposit Account
13	IFSC	Indian Financial System Code
14	CBS	Core Banking Solution
15	RTGS	Real Time Gross Settlement
16	SLR	Statutory Liquidity Ratio
17	CAR	Cash Adequacy Ratio
18	MSF	Marginal Standing Facility
19	NBFC	Non Banking Finance Companies
20	PIN	Personal Identification Number
21	CCEA	Cabinet Committee on Economic Affairs
22	CECA	Comprehensive Economic Cooperation Agreement
23	CEPA	Comprehensive Economic Partnership Agreement
24	DTAA	Double Taxation Avoidance Agreement
25	ECBs	External Commercial Borrowings
26	EEFC	Exchange Earner’s Foreign Currency
27	EFSF	European Financial Stability Facility
28	FEMA	Foreign Exchange Management Act
29	FII	Foreign Institutional Investor.
30	FINO	Financial Inclusion Network Operation
31	FIPB	Foreign Investment Promotion board
32	FSLRC	Financial Sector Legislative Reforms Commission
33	CRAR	Capital to Risk-weighted Assets Ratio
34	SWIFT	Society for Worldwide Interbank Financial Telecommunication
35	DEAF	Depositor Education and Awareness Fund
36	NEFT	National Electronic Funds Transfer
37	DICGC	Deposit insurance and credit guarantee corporation.
38	FCNR(B)	Foreign Currency Non-Resident Bank
39	LCR	Liquidity Coverage Ratio
40	IMPS	Interbank Mobile Payment Service
41	TARC	Tax Administration Reform Commission
42	LRMT	Liquidity Risk Monitoring Tools
43	ECB	External Commercial Borrowings
44	MIBOR	Mumbai Inter-Bank Offer Rate
45	LIBOR	London Inter-Bank Offer Rate
46	LAF	Liquidity Adjustment Facility
47	GIRO	Government Internal Revenue Order
48	FRBMA	Fiscal Responsibility and Budget Management Act
49	AMFI	Association of Mutual Fund in India.
50	TIEA	Tax Information exchange Agreement
51	FTA	Free trade agreement
52	GAAR	General anti avoidance rule
53	GSLV	Geo-Synchronous Launch Vehicle
54	NCTC	National Counter-Terrorism Centre
55	NSG	Nuclear Suppliers Group
56	PPP	Public Private Partnership & Purchasing Power parity
57	PSLV	Polar Satellite Launch vehicle
58	TAPI	Turkmenistan-Afghanistan-Pakistan-India.
59	QFI	Qualified Foreign Investors
60	REER	Real Effective Exchange Rate