Government of India Volume I: Analysis and Recommendations
Government of India Volume I: Analysis and Recommendations
Government of India Volume I: Analysis and Recommendations
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ACRONYMS<br />
FSAT Financial Sector Appellate Tribunal<br />
FSA Financial Services Authority<br />
FSDC Financial Stability <strong>and</strong> Development Council<br />
FSLRC Financial Sector Legislative Reforms Commission<br />
FVCI Foreign Venture Capital Investor<br />
GDP Gross Domestic Product<br />
GIC General Insurnace Council<br />
GOI <strong>Government</strong> <strong>of</strong> <strong>India</strong><br />
HR Human Resources<br />
IBA <strong>India</strong>n Banks’ Association<br />
IMF International Monetary Fund<br />
IRA Independent Regulatory Agency<br />
IRA Independent Regulatory Agency<br />
IRDA Insurance Regulatory <strong>and</strong> Development Authority<br />
KYC Know Your Customer<br />
LIC Life Insurance Corporation<br />
MCA Ministry <strong>of</strong> Company Affairs, <strong>Government</strong> <strong>of</strong> <strong>India</strong><br />
MD Managing Director<br />
MPC Monetary Policy Committee<br />
NABARD National Bank for Agriculture <strong>and</strong> Rural Development<br />
NBFC Non-Banking Financial Company<br />
NCDRC National Consumer Disputes Redressal Commission<br />
NHB National Housing Bank<br />
NOHC Non-Operating Holding Company<br />
NPA Non Performing Asset<br />
NPS New Pension System<br />
NSSF National Small Savings Fund<br />
OTC Over The Counter<br />
PDMA Public Debt Management Agency<br />
PFRDA Pension Fund Regulatory <strong>and</strong> Development Authority<br />
PPF Public Provident Fund<br />
PSB Public Sector Bank<br />
PSU Public Sector Undertaking<br />
QFI Qualified Foreign Investor<br />
QIB Qualified Institutional Buyer<br />
RBI Reserve Bank <strong>of</strong> <strong>India</strong><br />
RDDBFI The Recovery <strong>of</strong> Debts Due to Banks <strong>and</strong> Financial Institutions Act,<br />
1993<br />
ROC Registrar <strong>of</strong> Companies<br />
RRB Regional Rural Bank<br />
RTI Right to Information<br />
SARFAESI The Securitisation <strong>and</strong> Reconstruction <strong>of</strong> Financial Assets <strong>and</strong> Enforcement<br />
<strong>of</strong> Security Interest Act<br />
SAT Securities Appellate Tribunal<br />
SBI State Bank <strong>of</strong> <strong>India</strong><br />
SEBI Securities <strong>and</strong> Exchange Board <strong>of</strong> <strong>India</strong><br />
SEC US Securities <strong>and</strong> Exchange Commission<br />
SIFI Systemically Important Financial Institution<br />
SLR Statutory Liquidity Ratio<br />
SOP St<strong>and</strong>ard Operating Procedure<br />
TOR Terms <strong>of</strong> Reference<br />
UCB Urban Cooperative Bank<br />
vi FINANCIAL SECTOR LEGISLATIVE REFORMS COMMISSION