Abbreviations - Important Commercial Abbreviations
ADB :- Asian Development Bank
ADR :- American Depositary Receipt
AGM :- Annual General Meeting
AIDWA :- All India Democratic Woman’s Association
AITUC :- All India Trade Union Congress
AMFI :- Association of Mutual Funds in India
AO :- Additive Outliers
APEC :- Asia-Pacific Economic Cooperation
APL :- Above Poverty Line
APM :- Administered Pricing Mechanism
ARC :- Asset Reconstruction Company
ARDR :- Agricultural and Rural Debt Relief
ASBA :- Application Supported by Block Amount
ASEAN :- Association of South-East Asian Nations
ASEM :- Asia-Europe Meeting
ASSOCHAM :- Associated Chambers of Commerce and Industry of India
ATM :- Asynchronous Transfer Mode
ATM :- Automated teller machine
BCBS :- Basel committee for Banking Supervision
BCSBI :- Banking Codes and Standards Board of India
BIFR :- Board of Industrial and Financial Reconstruction
BIS :- Bank for International Settlements
BIS :- Bureau of Indian Standards
BOLT :- BSE On-Line Trading (System)
BOP :- Balance of Payments
BOT :- Build, Operate and Transfer
BPL :- Below Poverty Line
BPO :- Business Process Outsourcing
BSCS :- Basel Committee on Banking Supervision
BSE :- Bombay Stock Exchange
BSR :- Basic Statistical Returns
C & AG :- Comptroller & Auditor General
CA :- Chartered Accountant
CABE :- Central Advisory Board of Education
CACP :- Commission of Agriculture Cost and Price
CAD :- Capital Account Deficit
CAG :- Controller and Auditor General of India
CAPART :- Council for People’s Action and Advancement of Rural Technology
CAR :- Capital adequacy ratio
CARE :- Credit Analysis & Research Ltd.
CBS :- Core banking solution
CC :- Cash Credit
CCI :- Competition Commission of India
CCIL :- Clearing Corporation of India limited
CD :- Certificate of Deposit
CDSL :- Central Securities Depository Limited
CECA :- Comprehensive Economic Cooperation Agreement
CEPA :- Comprehensive Economic Partnership Agreement
CFRA :- Combined Finance and Revenue Accounts
CHOGM :- Commonwealth Heads of Government Meeting
CIBIL :- Credit Information Bureau (India) Ltd
CII :- Confederation of Indian Industry
CIS :- Commonwealth of Independent States
CITES :- Convention on International Trade in Endangered Species
CITU :- Centre Of Indian Trade Unions
CMP :- Common Minimum Program
CO :- Capital Outlay
CP :- Commercial Paper
CPI :- Consumer Price Index
CPI (AL) :- Consumer Price Index for Agricultural Labors.
CPI (IW) :- Consumer Price Index for Industrial Workers
CPI (RL) :- Consumer Price Index for Rural Labourers
CPI (UNME) :- The Consumer Price Index for Urban Non-Manual Employees.
CR :- Capital Receipts
CRAR :- Capital to Risk Weighted Asset Ratio
CRISIL :- Credit Rating Information Services of India Limited
CRR :- Cash Reserve Ratio
CSIR :- Council of Scientific and Industrial Research
CST :- Central Sales Tax
CTT :- Commodities Transaction Tax
DA :- Dearness Allowance; Daily Allowance
DAP :- Development Action Plan
DBOD :- Department of Banking Operations and Development
DBS Bank Lt :- The Development Bank of Singapore Limited.
DCA :- Department of Company Affairs
DCM :- Department of Currency Management
DD :- Demand Draft
DDS :- Data Dissemination Standards
DICGC :- Deposit Insurance and Credit Guarantee Corporation of India
DMA :- Departmentalized Ministries Account
DMIC :- Delhi-Mumbai Industrial Corridor
DPEP :- District Primary Education Program
ECA :- Essential Commodity Act
ECB :- External Commercial Borrowings
ECS :- Electronic Clearing Service
ECS :- Electronic clearing system
EDUSAT :- Education Satellite
EEE :- Exempt Exempt Exempt
EEFC Accounts :- Exchange Earners Foreign Currency Account
EET :- Exempt Exempt Taxation
EFA :- Education for All
EFT :- Electronic fund transfer
EGOM :- Empowered Group of Ministers
EMI :- Equated Monthly Installment
EMS :- European Monetary System
EPF :- Employees Provident Fund
EPF :- Employees Provident Fund
EPFO :- Employees Provident Fund Organization
ERNET :- Educational and Research Network
ESA :- European Space Agency
ESCAP :- Economic and Social Commission for Asia and Pacify
ESMA :- Essential Services Maintenance Act
ESOP :- Employee Stock Option Program
EU :- European Union
EXIM :- Export Import Bank of India
FAO :- Food and Agriculture Organization
FCCB :- Foreign Currency Convertible Bond
FCNR :- Foreign Currency (Non-Resident) Accounts Scheme
FCNR(B) :- Foreign Currency Currency Non-Repatriable(Banks)
FCNR(B) :- Foreign Currency Non-resident (Banks)
FDI :- Foreign Direct Investment
FEMA :- Foreign Exchange Management Act
FERA :- Foreign Exchange Regulations Act
FICCI :- Federation of Indian Chambers of Commerce and Industry
FICCI :- Federation of Indian Chambers Of Commerce and Industry
FII :- Foreign Institutional Investors
FIMMDA :- Fixed Income Money Market and Derivatives Association of India
FIPB :- Foreign Investment Promotion Board (Of India)
FMCG :- Fast Moving Consumer Goods
FPO :- Follow on Public Offer
FRBM :- Fiscal Responsibility And Budget Management
FSSA :- Food Safety And Standards Authority (Of India)
FTA :- Free Trade Area
GATT :- General Agreement On Tariffs And Trade
GCC :- Gulf Cooperation Council
GDP :- Gross Domestic Product
GDR :- Global Depositary Receipt
GEF :- Global Environment Fund
GIC :- General Insurance Corporation
GNP :- Gross National Product
GOI :- Government of India
GST :- Goods and Service Tax
HDFC :- Housing Development Finance Corporation Limited
HDI :- Human Development Index
HSBC :- Hong Kong and Shanghai Banking Corporation Limited
HUDCO :- Housing & Urban Development Corporation
HUDC :- Housing And Urban Development Corporation
IAAI :- International Airport Authority Of India
IAAS :- Indian Audit and Accounts Service
IADF :- International Agricultural Development Fund
IAEA :- International Atomic Energy Agency
IASB :- The International Accounting Standards Board
IBRD :- International Bank for Reconstruction and Development
ICAI :- Institute of Chartered Accountants of India
ICAR :- Indian Council of Agricultural Research
ICCW :- Indian Council for Child Welfare
ICDS :- Integrated Child Development Service
ICICI :- Industrial Credit and Investment Corporation of India
ICMR :- Indian Council of Medical Research
ICOR :- Incremental capital output ratio
ICRA :- Investment information and Credit Rating Agency
ICRC :- International Committee of Red Cross
IDA :- International Development Association
IDBI :- Industrial Development Bank of India
IDR :- Indian Depository Receipts
IES :- Indian Economic Service
IEX :- Indian Energy Exchange
IFAD :- International Fund for Agricultural Development
IFC :- International Finance Corporation
IFRS :- International Financial Reporting Standard
IFSC :- Indian Financial System Code
IFSC :- Indian financial system code
IFTU :- International Federation of Trade Unions
IFWJ :- Indian Federation of Working Journalists
IIP :- The Index of Industrial Production
IIPA :- Indian Institute of Public Administration
IISS :- International Institute of Strategic Studies
ILO :- International Labor Organization
IMF :- International Monetary Fund
IMO :- International Maritime Organization
IMRB :- Indian Market Research Bureau
INMARSAT :- International Maritime Satellite Organization
INR :- Indian Rupee
INTERPOL :- International Police Organization
INTUC :- Indian National Trade Union Congress
IOC :- International Olympic Committee
IP :- Interest Payment
IPCC :- Intergovernmental Panel on Climate Change
IPEC :- International Program on Elimination Of Child Labor
IPO :- Initial public offer
IPR :- Intellectual Property Right
IRDA :- Insurance Regulatory Developement Authority
IRDA :- Insurance Regulatory and Development Authority
IREP :- Integrated Rural Energy Planning
ISO :- International Standardization Organization
ISS :- International Space Station
ITDC :- Indian Tourism Development Corporation
ITO :- International Trade Organization; Income-Tax Officer
ITU :- International Tele-Communication Union
JNNURM :- Jawaharlal Nehru National Urban Renewal Mission
KPO :- Knowledge Process Outsourcing
KVIC :- Khadi & Village Industries Corporation
KYC :- Know your customer
LAMPS :- Large-sized Adivasi Multipurpose Societies
LDC :- Least Developed Countries
LIBOR :- London Inter Bank Offer Rate
LIC :- Life Insurance Corporation (Of India)
LLP :- Limited Liability Partnership
MA :- Moving Average
MAIT :- Manufacturers’ Association for Information Technology
MAT :- Minimum Alternative Tax
MCA :- Ministry of Company Affairs
MCAP :- Market capitalization / Mid cap
MDG :- Millennium development goals
MEP :- Minimum Export Pric
MFA :- Multi-Fiber Agreement
MFI :- Micro finance institution
MFIN :- Micro finance institution network
MFN :- Most Favored Nation
MGNREGA :- National Rural Employment Guarantee Act
MIBOR :- Mumbai Interbank offer rate
MICR :- Magnetic ink character recognition
MIN :- Mutual fund identification no.
MIS :- Marketing Intelligence System
MNC :- Multi-National Corporation
MRP :- Maximum Retail Price
MRTPC :- Monopolies and Restrictive Trade Practices Commission
MRTS :- Mass Rapid Transit System
MSME :- Micro Small and Medium Enterprises
MSP :- Minimum support price
MT :- Mail Transfer
MTO :- Multilateral Trade Organization
NABARD :- National Bank for Agriculture and Rural Development
NAEP :- National Adult Education Program
NAFED :- National Agricultural Cooperative Marketing Federation of India Ltd
NAFTA :- North America Free Trade Agreement
NAM :- Non-Aligned Movement
NAMA :- Non-Agriculture Market Access
NASDAQ :- National Association of Securities Dealers Automated Quotation
NASSCOM :- National Association of Software and Services Companies
NATO :- North Atlantic Treaty Organization
NAV :- Net Asset Value
NBFC :- Non Banking Finance Companies
NCAER :- National Council Of Applied Economic Research
NCERT :- National Council Of Education Research And Training
NCPCR :- National Commission for Protection of Child Rights
NDC :- National Development Council
NEFT :- National Electronic Fund Transfer
NEGP :- National E-Governance Plan
NEP :- National Education Policy
NFO :- New Fund Offers
NGO :- Non-Governmental Organization
NHAI :- National Highways Authority of India
NHDP :- National Highways Development Project
NHRC :- National Human Rights Commission
NIC :- National Industrial Classification
NIFT :- National Institute of Fashion Technology
NIO :- National Institute of Oceanography
NLMA :- National Literacy Mission Authority
NMDC :- National Mineral Development Corporation
NNP :- Net National Production
NOHFC :- non-operative financial holding company
NPA :- Non Performing Asset
NPR :- National Population Register
NRI :- Non-Resident Indian
NSC :- National Statistical Commission
NSDL :- National Securities Depository Limited
NSE :- National Stock Exchange
NSSO :- National Sample Survey Organization
NTPC :- National Thermal Power Corporation
OD :- Over Draft
ODA :- Official Development Assistance
OECD :- Organization of Economic Co-Operation and Development
OGL :- Open General License
OIC :- Organization of Islamic Countries
OIL :- Oil India Limited
OLTAS :- OnLine Tax Accounting System
OMCS :- Oil Marketing Companies
ONGC :- Oil And Natural Gas Commission
OPEC :- Organization Of Petroleum Exporting Countries
OSCE :- Organization For Security And Cooperation In Europe
PAC :- Public Accounts Committee
PACS :- Primary Agriculture Credit Societies
PAN :- Permanent Account Number (Of Income-Tax)
PATA :- Pacific-Asia Travel Association
PCI :- Per capita income
PD :- Primary Deficit
PDO :- Public Debt Office
PDS :- Public Distribution System
PIL :- Public Interest Litigation
PIO :- Persons Of Indian Origin
PN :- Participatory Note
PNB :- Punjab National Bank.
PO :- Principal Office
POP :- Point Of Purchase
PPF :- Public Provident Fund
PPP :- Public private partnership / Purchasing power parity
PSE :- Public Sector Enterprises
PTA :- Preferential Trade Area
PURA :- Providing urban amenities in rural areas
QIB :- Qualified Institutional Buyer
QIP :- Qualified Institutional Placement
QR :- Quantitative Restriction
RBI :- Reserve Bank Of India
RDBMS :- Relational Database Management System
RE :- Revenue Expenditure
REC :- Rural Electrification Corporation
RIDF :- Rural infrastructure development fund
RMB :- Renminbi (Chinese)
RR :- Revenue Receipts
RRB :- Regional Rural Bank
RRPI :- Rural Retail Price Index
RSETI :- Rural Self Employment Training Institute
RTGS :- Real Time Gross Settlement
SAARC :- South Asian Association for Regional Co-Operation
SAFTA :- South Asian Free Trade Area
SAIL :- Steel Authority of India Limited
SAM :- Social Accounting Matrix
SAPTA :- SAARC Preferential Trading Agreement
SARFAESI ACT :- The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
SBI :- State Bank of India.
SC :- Schedule Caste
SCO :- Shanghai Cooperation Organization
SCOPE :- Standing Conference On Public Enterprises
SDF :- shipping declaration form
SDR :- Special Drawing Rights
SEBI :- Securities and Exchange Board of India
SEBI :- Securities And Exchange Board Of India
SEWA :- Self employed woman’s association
SEZ :- Special Economic Zone
SFC :- State Financial Corporation
SGL :- Subsidiary General Ledger
SIDBI :- Small Industries Development Bank of India
SLR :- Statutory Liquidity Ratio
SSI :- Small-Scale Industries
ST :- Schedule Tribe
STDR :- Special Term Deposit Receipt
STT :- Securities Transaction Tax
SWIFT :- Society for Worldwide Financial Telecommunications,
TC :- Temporary Change
TDS :- Tax Deduction at Source
TIFR :- Tata Institute Of Fundamental Research
TIN :- Tax Information Network
TINXSYS :- Tax Information Exchange System
TISCO :- Tata Iron and Steel Company
TPDS :- Targeted Public Distribution System
TRAI :- Telecom Regulatory Authority Of India
TRIMS :- Trade Related Investment Measures
TRIPS :- Trade Related Intellectual Property Rights
TRYSEM :- Training Of Rural Youth For Self Employment
TT :- Telegraphic Transfer
UCO :- United Commercial Bank.
UN :- United Nations
UNCTAD :- United Nations Conference On Trade And Development
UNDP :- United Nations Development Program
UNEF :- United Nations Emergency Force
UNEP :- United Nations Environment Program
UNESCO :- United Nations Educational, Scientific And Cultural Organization
UNFCCC :- United nation framework convention on climate change
UNFPO :- United Nations Fund For Population Activities
UNHCR :- United Nations High Commissioner For Refugees
UNHRC :- United Nations Human Rights Commission
UNICEF :- United Nations International Children’s (Emergency) Fund
UNIDO :- United Nations Industrial Development Organization
UNRRA :- United Nations Relief And Rehabilitation Administration
US :- United States
USD :- US Dollars
USE :- United Stock Exchange
VAT :- Value-Added Tax
VC :- Venture Capital
VDIS :- Voluntary Disclosure Of Income Scheme
VRS :- ,Voluntary Retirement Scheme
WEF :- World Economic Forum
WFP :- World Food Program
WHO :- World Health Organization
WIPO :- World Intellectual Property Organization
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