Banking and Financial Terms: MONEY MARKET : Money Market is a - TopicsExpress



          

Banking and Financial Terms: MONEY MARKET : Money Market is a market where short- term funds are lent or borrowed. It is a centre for meeting the short-term requirements of borrowers. It is in money market that the central bank comes into contact with the financial sector of the economy as a whole and by influencing the cost and availability of credit, the Bank achieves monetary policy objectives. The RBI is a key constituent of the money market being the residual source of supply of funds.
Posted on: Sun, 13 Apr 2014 12:30:00 +0000

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