29 March 2014
The money market is the market in which short term funds are borrowed and lent. The lending money market institutions are:
· Government of India and other sovereign bodies.
· Banks and development financial institutions.
· PSUs (public sector undertakings).
· Private sector organizations.
· The government/ quasi government owned non-corporate entities.
Large numbers of instruments that are trade in the money market are issued by government of India, state governments and other statutory bodies. Instruments that are issued by the Development Financial Institutions (DFI) and banks carry the highest credit ratings among non – government issuers mainly due to their connection with the Indian government.
Instruments of money market
· Call money
· Treasury bills
· Certificate of deposits
· Commercial papers
· Inter corporate deposits
· Ready forward contracts
· Commercial bills
· Pass through certificates
· Dated government securities
· Money market mutual funds.
By Anonymous at March 29, 2014
Many of us are not sure about some words. Are you not sure about the meaning of “branding”? Don’t worry! Branding is one of those marketing...
Social Media Marketing (SMM) has arrived. We need to make use of some key tools here. We bring information about these to you. 1# L...
The digital world has arrived. We invite you to learn what is required in the digital world. For this is something we all need to know to...
Let us understand the challenges of digital learning to overcome them so that we can move towards success. • Poor infrastructure It is the ...