Monday, April 10, 2017

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The Money Market

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.

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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.


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