♥ LATEST IMP 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 Electrification Corporation
• 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