The Money Market
Money market is one of the part of Indian financial market which provides short-term financial requirements of the industrial and business concern. Money market again subdivided into the following categories on the basis of the instruments used in the money market.
A well-organised money market is the basis for an effective monetary policy. A money market may be defined as the market for lending and borrowing of short-term funds. It is the place where the short-term surplus investable funds at the disposal of banks and other financial institutions are bid by borrowers comprising companies, individuals and the government.
Money market is one of the part of Indian financial market which provides short-term financial requirements of the industrial and business concern. Money market again subdivided into the following categories on the basis of the instruments used in the money market.
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A well-organised money market is the basis for an effective monetary policy. A money market may be defined as the market for lending and borrowing of short-term funds. It is the place where the short-term surplus investable funds at the disposal of banks and other financial institutions are bid by borrowers comprising companies, individuals and the government.
The Money Market
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Monday, April 10, 2017
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