Study Guide · Chapter 10
Banking Laws, Regulation & Resolution
Free study material · concepts, shortcuts & solved questions
Select any text to highlight or save it
19 key terms | One-line exam reference
| Abbreviation | One-line meaning |
|---|---|
| BCBS | Basel Committee on Banking Supervision — global banking supervisory standards body. |
| BEPS | Base Erosion and Profit Shifting — international tax framework addressing profit shifting. |
| BR ACT | Banking Regulation Act — principal law regulating banking companies in India. |
| CRAR | Capital to Risk-Weighted Assets Ratio — regulatory capital ratio for banks. |
| DRAT | Debt Recovery Appellate Tribunal — appellate tribunal for debt-recovery matters. |
| DRT | Debt Recovery Tribunal — tribunal for recovery of debts due to banks and financial institutions. |
| FCRA | Foreign Contribution Regulation Act — law regulating specified foreign contributions. |
| FRBM | Fiscal Responsibility and Budget Management Act — framework for fiscal discipline. |
| FSDC | Financial Stability and Development Council — forum for financial-sector coordination. |
| IBC | Insolvency and Bankruptcy Code — framework for time-bound insolvency resolution. |
| ICAAP | Internal Capital Adequacy Assessment Process — bank process for assessing capital needs. |
| KFS | Key Facts Statement — concise statement of important loan terms and charges. |
| PILLAR 1 | Basel framework’s minimum capital requirement component. |
| PILLAR 2 | Basel framework’s supervisory review component. |
| PILLAR 3 | Basel framework’s market-discipline and disclosure component. |
| PMLA | Prevention of Money Laundering Act — law addressing money laundering and related proceeds. |
| RBI ACT | Reserve Bank of India Act — law establishing and defining RBI’s functions. |
| SARFAESI | Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. |
| TREDS | Trade Receivables Discounting System — electronic platform for financing trade receivables. |
Page 1 of 1