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Important Abbreviations related to banking

Important Abbreviations related to Banking

ATI – Assistance to Training Institutions
BCSBI – Banking Codes and Standards Board of India
CAB – College of Agricultural Banking
CARE – Credit Analysis and Research Ltd.
CDR – Corporate Debt Restructuring




CERSAI : Central Registry of Secularization Asset Reconstruction and Security Interest of India
CGTMSE – Credit Guarantee Fund Trust for Micro and Small Enterprises
CLCS – Credit Linked Capital Subsidy

DBOD – Department of Banking Operations and Development
DIC – District Industries Centre
DRT – Debt Recovery Tribunal




ECGC – Export Credit Gaurantee Corporation of India Ltd.
EXIM Bank of India – Export Import Bank of India
FBP – Foreign Bills Purchased
GOI – Government of India
GRID – Grass Root Initiatives and Development Programme
IBM – International Busienss Machines
IIT – Indian Institute of Technology
IPR – Intellectual Property Rights
IRAC – Income Recognition, Asset Classification
IRB – Internal Rating Based
ISO – International Organisation for Standardisation
IT – Information Technology
LIC – Life Insurance Corporation of India




MDA – Market Development Assistance
MIP – Make in India Programme
MSE – Micro and Small Enterprise
MSEB – Maharashtra State Electricity Board
MSME – Micro Small and Medium Enterprise
MSMED – Micro Small and Medium Enterprise Development
NMCP – National Manufacturing Competitiveness Programme
NPA – Non Performing Assets
NSIC – National Small Industries Corporation
OTS – One Time Settlement
PMEGP – Prime Minister Employment Generation Programme
QMS – Quality Management Standards
QTT – Quality Technology Tools




RBI – Reserve Bank of India
REMOT – Rejuvenation, Modernisation and Technology Upgradation
RISC – Rural Industry Service Centre
RLC – Regulatory Liability Charges
RO – Regional Office
SandT – Science and Technology
SARFAESI -Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest
SEZ – Special Economic Zone
SIDBI – Small Industries Development Bank of India
SME – Small and Medium Enterprises
SVCL – SIDBI Venture Capital Fund Ltd
TReDS – Trade Receivables Discounting System
UN-APCTT – United Nations-Asian Pacific Centre for Transfer of Technology
USA – United States of America
WCDL – Working Capital Demand Loan

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