ABBREVIATIONS/GLOSSARY
AD
Authorised Dealer
ADR
American Depository Receipt
AFC
Asset Finance Companies
ALM
Asset-Liability Management
ALMC
Asset-Liability Management Committee
ALU
Arithmetic and Logic Unit
AMC
Asset Management Company
AML
Anti Money Laundering
ARC
Asset Reconstruction Company
ASC
ATM Switch Centre
ASBA
Application Supported by Blocked Amount
ATM
Automated Teller Machine
AU
Adminstrative Unit
AUCA
Advances under Collection Account
AUM
Asset Under Management
BanCon
Bankers’ Conference
B@ncs24
Bank’s Automation and Networking Control System for 24 hours.
BC
Business Correspondent/Banker’s cheque
BCP
Business Continuity Plan
BCSBI
Banking Codes and Standards Board of India
BEP
Break Even Point
BF
Business Facilitator
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BG
Bank Guarantee
BGL
Branch General Ledger
BIOS
Basic Input/output System
BOD
Banking Operations Department/ Beginning of the day Operations in CBS
BOP
Balance of Payment
BPR
Business Process Re-Engineering
BSR
Basic Statistical Return
CA
Current Account/ Current Assets
CAC
Currency Administration Cell
CAMELS
Capital Adequacy, Asset Quality, Management, Earnings performance, Liquidity
AND Systems
CBD
Central Business District
CBDT
Central Board of Direct Taxes
CBEC
Central Board of Excise and Customs
CBLO
Collateralised Borrowing & Lending Obligations
CBS
Core Banking Solutions
CC
Cash Credit
CCF
Credit Conversion Factor
CCPC
Centralised Clearing Processing Centre
CD
Certificate of Deposit/Compact Disc
CDC
Central Data Centre
CDR
Corporate Debt Restructuring
CGL
Corporate General Ledger
CGTMSE
Credit Guarantee Fund Trust for Micro and Small Enterprises
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CIBIL
Credit Information Bureau of India Ltd.
CIF
Customer Information File (CBS)/Certified Insurance Facilitator(Insurance)/ Cost,
Insurance, Freight(IB)
CINB
Corporate Internet Banking
CIS
Credit Information System
CISLA
Credit Information Systems on Loans & Advances
CL
Current Liabilities
CLCSS
Credit Linked Capital Subsidy Scheme
CMS
Complaints Management System
CORE
Centralised Online Realtime Environment
CP
Commercial Paper
CPPC
Centralised Pension Processing Cell
CPU
Central Processing Unit
CRA
Credit Risk Assesment
CRE
Commercial Real Estate
CRAFT
Customer Remote Access for Fax on demand and Telebanking
CRM
Customer Relationship Management
CRR
Cash Reserve Ratio
CSC
Customer Service Committee
CSO
Central Statistical Organisation
CSP
Corporate Salary Package
CTR
Cash Transaction Report
CTS
Cheque Truncation System
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DAU
Dedicated Accounting Unit
DD
Demand Draft
DDP
Demand Draft Purchase
DL
Demand Loan
DOS
Disk Operating System
DRP
Disaster Recovery Plan
DRI
Differential Rate of Interest
DRT
Debt Recovery Tribunal
DSCR
Debt Service Coverage Ratio
DSP
Defence Salary Package
DSS
Decision Support System/ Digital Surveillance System
DTL
Demand & Time Liability
E –mail
Electronic Mail
EASIEST
Electronic Accounting System in Excise & Service Tax
EBR
Export Bills Re-discounting
ECB
External Commercial Borrowings
ECGC
Export Credit Guarantee Corporation
ECS
Electronic Clearing Service
EDI
Electronic Data Interchange
EDP
Electronic Data Processing
EFT
Electronic Funds Transfer
EIS
Executive Information System
ELENOR
Electronic Nostro Reconciliation
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EPFO
Employees Provident Funds Organisation
FC
Fixed Cost
FCNR (B)
Foreign Currency Non Resident Bank Account
FEDAI
Foreign Exchange Dealers Association of India
FIIS
Farm Income Insurance Scheme
FIU-IND
Financial Intelligence Unit - India
FNS
Financial Network Services
FPLB
Focal Point Link Branch
FTP
File Transfer Protocol
GAD
Government Accounts Department
GEIS
General Electronic Information Services
GITC
Global Information Technology Centre
GLIF
General Ledger Interface File
GMU
Global Market Unit
GST
Goods and Services Tax
HLST
Home Loan Sales Team
HRMS
Human Resource Management System
HTML
Hypertext Markup Language
I & MA
Inspection and Management Audit
IBIT
Inter Branch Items in Transit
IDRBT
Institute for Development and Research in Banking Technology
IMPS
Interbank Mobile Payment Service
INCA
Interest Not Collected Account
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INFINET
Indian Financial Network
IOA
Inter Office Accounts
IOI
Inter Office Instrument
IOR
Inter Office Reconciliation
IPO
Initial Public Offer
IRAC
Income Recognition & Asset Classification
IRDA
Insurance Regulatory and Development Authority
ISDN
Integrated Services Digital Network
ITRO
Income Tax Refund Order
JHF
Joint Hindu Family
KVIC
Khadi and Village Industries Commission
KYC
Know Your Customer
LAN
Local Area Network
LC
Letter of Credit
LCPC
Liability Central Processing Centre
LHO
Local Head Office
MCC
Multi City Cheque
ME
Merchant Establishment
MICR
Magnetic Ink Character Recognition
MIS
Management Information System
MMID
Mobile Money ID
MOD
Multi Option Deposit
MPST
Multi Product Sales Team
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NABARD
National Bank for Agriculture and Rural Development
NBFC
Non Banking Finance Company
NCAF
New Capital Adequacy Framework
NEFT
National Electronic Funds Transfer
NFS
National Financial Switch
NICNET
National Informatics Centre Network
NPA
Non Performing Asset
NRE
Non Resident External
NRO
Non Resident Ordinary Account
NWC
Net Working Capital
OBU
Offshore Banking Unit
OD
Over Draft
OFAC
Office of Foreign Assets Control
OLRR
Online Rejection Referral
OLTAS
Online Tax Accounting System
OTS
One Time Settlement
ORM
Operational Risk Management
PAN
Permanent Account Number
PBB
Personal Banking Branch
PCFC
Pre-shipment Credit in Foreign Currency
PFRDA
Pension Fund Regulatory and Development Authority
PIN
Personal Identification Number
PLR
Prime Lending Rate
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PMEGP
Prime Minister’s Employment Generation Programme
POS
Point of Sale
PPF
Public Provident Fund
PPK
Pre-Printed Kit
PSB
Public Sector Bank
QAB
Quarterly Average Balance
RA
Recalled Assets
RACPC
Retail Assets Central Processing Centre
RAM
Random Access Memory
RASMEC
Retail Assets Small And Medium Enterprises Centre
RBI
Reserve Bank of India
RBO
Regional Business Office
RCPC
Rural Central Processing Centre
RD
Recurring Deposit
REGP
Rural Employment Guarantee Programme
RFIA
Risk Focussed Internal Audit
RINB
Retail Internet Banking
ROM
Read Only Memory
RTGS
Real Time Gross Settlement
RTMU
Regional Treasury Market Unit
S&P
Systems & Procedures
SAMB
Stressed Assets Management Branches
SAMIS
Service Area Monitoring and Information System
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SARFAESI
Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interests
SB
Savings Bank
SBA
State Bank Academy
SBF
Small Business Finance
SBI
State Bank of India
SBIICM
State Bank Institute of Information and Communication Management
SBLC
State Bank Learning Centre
SBSC
State Bank Staff College
SC
Safe Custody/Short Collection
SCSS
Senior Citizen Savings Scheme
SEBI
Securities and Exchange Board of India
SEZ
Special Economic Zone
SFMS
Structured Financial Messaging Solutions
SHG
Self Help Group
SLBC
State Level Bankers Committee
SLC
Stand by Line of Credit
SLR
Statutory Liquidity Ratio
SMA
Special Mention Accounts
SME
Small and Medium Enterprises
SMECCC
Small & Medium Enterprises City Credit Centre
SNW
Shared Network
SO
Standing Order
SRS
Software Requirement Specification.
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SSI
Small Scale Industry
STDR
Special Term Deposit Receipt
STEPS
State Bank Electronic Payment System
STP
Straight Through Processing
SWIFT
Society for World Wide Inter Bank Financial Telecommunications
SWO
Single Window Operator
TCP/IP
Transmission Control Program/Internet Program
TDR
Term Deposit Receipt
TFCPC
Trade Finance Central Processing Centre
TDS
Tax Deducted at Source
TFM
Trickle Feed Mechanism
TL
Term Loan
TPM
Transfer Price Mechanism
UCO
User Control Officer
UCPDC
Uniform Customs and Practice for Documentary Credits
UIDAI
Unique Identification Authority of India
UPB
Universal Pass Book
UPS
Uninterrupted Power Supply System
URC
Uniform Rules for Collections
UTR
Unique Transaction Reference Number
VC
Variable Cost
VDU
Visual Display Unit
VPIS
Valuable Paper Inventory System
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VSAT
Very Small Aperture Terminal
VVR
Voucher Verification Report
WAP
Wireless Application Protocol
WAN
Wide Area Network
WC
Working Capital
WCDL
Working Capital Demand Loan
WCTL
Working Capital Term Loan
Prepared by: Shri B. Appavoo, Chief Manager (Training), SBLC Nungambakkam
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