Technical/Industry Related Terms or Abbreviations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Term Description

‘AePS ‘Aadhaar Enabled Payment System

ALCO ‘Asset Liability Management Committee

AML ‘Anti- Money Laundering

ANBC Adjusted Net Bank Credit

ATM Automated Teller Machine

AUA Authentication User Agency

AUM Asset under management

Banking Outlet As defined under RBI’s Statement on Developmental and Regulatory Policies released on April 6, 2017, a
banking outlet is a fixed point service delivery unit, manned by either bank’s staff or its business
correspondent where services of acceptance of deposits, encashment of cheques/ cash withdrawal or lending
of money are provided for a minimum of 4 hours per day for at least five days a week.

BC Business Correspondent

BCP Business Continuity Plan

BOS Business Origination System

BSR Code Basic Statistical Return Code

CASA Current Account and Savings Account

CBLO Collateralized Borrowing and Lending Obligation

CBS Core Banking Solution

CFT Combating Financing of Terrorism

Cost of Funds Cost of funds is interest expended divided by Total Average Interest Bearing Liabilities calculated on the
basis of quarterly average.

CRAR Capital-to-Risk Weighted Asset Ratio

CROMS Clearcorp Order Matching and Reported Segment

CRR Cash Reserve Ratio

CV Commercial Vehicle

DEAF Code Depositor Education and Awareness Fund Code

DICGC Deposit Insurance and Credit Guarantee Corporation

DRP. Disaster Recovery Plan

Exim Bank Export-Import Bank of India

FATCA Foreign Account Tax Compliance Act, 2010

FL Financial Institutions

FIG Financial Intermediary Groups

FIMMDA Fixed Income Money Market & Derivatives Association of India

GNPA Gross Non-Performing Asset

 

Gross Advances

Gross advances includes on-book advances (net off advance collections and interest due)

 

Gross Loan Portfolio

Gross loan portfolio includes on-book and off-book advances

 

HTM

Held to Maturity

 

 

 

 

 

 

 

 

 

 

 

ICAAP Internal Capital Adequacy Assessment Process
IFSC Indian Financial System Code

INFINET Indian Financial Network

IRS Internal Revenue Service

JLG Joint Liability Group

LAP Loan against property

MCLR Marginal Cost of Funds based Lending Rate

MEI Microfinance Institutions

NABARD National Bank for Agriculture and Rural Development
NDS-Call Negotiated Dealing System — Call

NDS-OM Negotiated Dealing System — Order Matching

 

Net Interest Income

Net Interest Income is difference of interest earned and interest expended.

 

Net Interest Margin

Net Interest Margin is the difference of interest earned and interest expended divided by the average interest-
earning assets calculated on the basis of quarterly average balances.

 

 

 

 

NHB National Housing Board
NNPA Net Non-Performing Asset
NPA Non-Performing Asset
NPS National Pension Scheme

 

Ombudsman Scheme

The Banking Ombudsman Scheme, 2006, as amended up to July 1, 2017

 

PMLA

Prevention of Money Laundering Act, 2002

 

 

 

 

 

 

 

 

PSL Priority Sector Lending
RDDBFI Act ‘The Recovery of Debts Due to Banks and Financial Institutions Act, 1993

RO Relationship Officer

SIDBI Small Industries Development Bank of India

SLR Statutory Liquidity Ratio

Spread Spread is difference between yield on Gross Loan Portfolio and Cost of Funds.

 

 
