Enhance your Financial Knowledge Base, by referring
to commonly used Financial Acronyms in the Indian
Financial system.
Search Acromyms Alphabetically
A | B | C
| D | E | F
| G | H |
I | J | K |
L | M | N
| O | P | Q
| R | S | T
| U | V | W
| X | Y | Z
"A"
AAR
Authority of Advance Ruling
AD
Authorised Dealer
Agricultural Land
Agricultural Land - plantation, property or farm house.
AY
Assessment Year
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"B"
BIFR
Board for Industrial and Financial Reconstruction
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"C"
CBDT
Central Board of Direct Taxes
CCP
Customs Clearance Permit
CCSO
Credit Card Servicing Organisations
CP
Commercial Paper
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"D"
DD
Demand Draft
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"E"
EEFC
Exchange Earner's Foreign Currency Account
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"F"
FA
Finance Act
FCNR
Foreign Currency Non-Resident Account
FD
Fixed Deposits
FE
Foreign Exchange
FEA
Foreign Exchange Asset
FEDA
Foreign Exchange Dealers' Association of India
FERA
Foreign Exchange Regulations Act
FII
Foreign Institutional Investor
FIPB
Foreign Investment Promotion Board
FIRPS
Foreign Inward Remittances Payment System
Forex
Inward remittances from any place outside India or
funds held in any non-resident account in India.
FY
Financial Year
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"G"
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"H"
HUF
Hindu Undivided Family
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"I"
IMF
International Monetary Fund
ITA
Income Tax Act
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"J"
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"K"
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"L"
LIC
Life Insurance Corporation of India
LOA
Letter of Authority
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"M"
MF
Mutual Fund
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"N"
NBFC
Non-Banking Financial Companies
NRE
Non-Resident External Rupee Account
NRI
A person resident outside India who is a citizen of
India.
NRNR
Non-Resident Non-Repatriable Rupee Deposits Account
NRO
Non-Resident Ordinary Account
NRSR
Non-Resident (Special) Rupee
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"O"
OCB
Overseas Corporate Bodies
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"P"
PIO
Persons of Indian Origin, not a citizen of India.
POA
Power of Attorney
PPF
Public Provident Fund
Property
Immovable property in India other than agricultural
land.
PSU
Public Sector Undertaking
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"Q"
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"R"
RBI
Reserve Bank of India
Repatriation
This covers not only direct remittances outside India
but also credit to RFC, NRE or FCNR accounts.
Resident
Resident in India, irrespective of origin or citizenship.
RFC
Resident Foreign Currency Account
RIFEES
Returning Indians Foreign Exchange Entitlement Scheme
RNOR
Resident but not Ordinarily Resident
ROI
NRI + POI
ROR
Resident but Ordinarily Resident
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"S"
SB
Savings Bank Account
SIA
Secretariat for Industrial Assistance
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"T"
TDS
Tax Deducted at Source
TT
Telegraphic Transfer
TTBR
Telegraphic Transfer Buying Rate
TTSR
Telegraphic Transfer Selling Rate
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"U"
UNO
United Nations Organisation
UTI
Unit Trust of India
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"V"
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"W"
WB
World Bank
WHO
World Health Organisation
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"X"
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"Y"
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"Z"
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