Important Acronyms for Banking & Finance terms (O—Z)
OMO— Open Market Operation
OSMOS— Off-Site Monitoring and Surveillance
OSS —Off-Site Surveillance
OTC— Over-the-Counter
PACS —Primary Agricultural Credit Society
PAD —Public Accounts Department
PAN— Permanent Account Number
PCARDBs— Primary Cooperative Agriculture and Rural Development Banks
PDAI— Primary Dealers Association of India
PDO— Public Debt Office
PDO-NDS— Public Debt Office - Negotiated Dealing System
PDs— Primary Dealers
PIO— Person of Indian Origin
PSS Act —Payment and Settlement Systems Act
QD— Quarterly Discussion
RBS— Risk Based Supervision
RBSC— Reserve Bank Staff College
RFC— Resident Foreign Currency Account
RFC(D) —Resident Foreign Currency (Domestic) Account
RIDF— Rural Infrastructure Development Fund
RRBs— Regional Rural Banks
RTGS— Real Time Gross Settlement
SACPs— Special Agricultural Credit Plans
SBI —State Bank of India
SCARDBs— State Cooperative Agriculture and Rural Development Banks
SDDS —Special Data Dissemination Standards
SDR— Special Drawing Rights
SEBI— Securities and Exchange Board of India
SGL— Subsidiary General Ledger
SHGs— Self-Help Groups
SIPS —Systemically Important Payment System
SLBC— State Level Bankers’ Committee
SLR— Statutory Liquidity Ratio
SMEs— Small and Medium Enterprises
SPMCIL —Security Printing and Minting Corporation of India Ltd.
SSI— Small Scale Industries
StCB —State Co-operative Bank
TAC— Technical Advisory Committee
TAFCUBs —Task Force for Urban Co-operative Banks
TBs— Treasury Bills
UCBs —Urban Cooperative Banks
USD— United States Dollar
UTI— Unit Trust of India
WI— When Issued
WMA —Ways and Means Advances
WOS— Wholly Owned Subsidiary
ZTC— Zonal Training Center
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