Important terms for banks

• DICGC: Deposit insurance and
credit guarantee
• OLTAS : On-line Tax Accounting
System (used for Direct Taxes)
• TIN: Tax Information Network
• IMPS: Interbank Mobile Payment
Service
• BSBDA:- Basic Savings Bank
Deposit Account
• FCNR(B):- Foreign Currency
Non-Resident Bank
• TARC: Tax Administration
Reform Commission
• ITEs: Intra-Group Transactions
and Exposures
• LCR: Liquidity Coverage Ratio
• NSFR: Net Stable Funding Ratio
• REER: Real Effective Exchange
Rate
• LRMT: Liquidity risk monitoring
tools
• CBS: Core Banking Solution
• DEAF: Depositor Education and
Awareness Fund
• CRAR: Capital to Risk-weighted
Assets Ratio
• ECB: External Commercial
Borrowings
• SWIFT: Society for Worldwide
Interbank Financial
Telecommunication
• FSLRC: Financial Sector
Legislative Reforms Commission
• MIBOR: Mumbai Inter-Bank
Offer Rate
• LIBOR: London Inter-Bank Offer
Rate
• LAF: Liquidity Adjustment
Facility
• GIRO - Government Internal
Revenue Order
• EEFC: Exchange Earner's
Foreign Currency
• FRBMA: Fiscal Responsibility
and Budget Management Act
• ALM: Asset Liability
Management
• AMFI: Association of Mutual
Fund in India
• TIEA: Tax Information exchange
Agreement
• CAR: Cash Adequacy Ratio
• CCEA: Cabinet Committee on
Economic Affairs
• CECA: Comprehensive
Economic Cooperation
Agreement
• CEPA: Comprehensive Economic
Partnership Agreement
• DTAA: Double Taxation
Avoidance Agreement
• ECBs: External Commercial
Borrowings
• EEFC: Exchange Earner's
Foreign Currency
• EFSF: European Financial
Stability Facility
• FEMA: Foreign Exchange
Management Act
• FII: Foreign Institutional
Investor.
• FINO: Financial Inclusion
Network Operation
• FIPB: Foreign Investment
Promotion board
• FSLRC: Financial Sector
Legislative Reforms Commission
• FTA: Free trade agreement
• GAAR: General anti avoidance
rule
• GSLV: Geo-Synchronous Launch
Vehicle
• MSF: Marginal Standing Facility
• NBFC: Non Banking Finance
Companies
• NCTC: National Counter-Terrori
sm Centre
• NEFT: National Electronic Funds
Transfer
• NSG: Nuclear Suppliers Group
• PPP: Public Private Partnership /
Purchasing Power parity
• PSLV: Polar Satellite Launch
vehicle
• RTGS: Real Time Gross
Settlement
• SLR: Statutory Liquidity Ratio
• QFI: Qualified Foreign Investors
• VVPAT: Voter Verifiable Paper
Audit Trail
• TIEA: Tax Information Exchange
Agreement