December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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146 | Chapter 5
SUMMARY
◆ A money market may be defined as the market
for lending and borrowing of short term funds.
The Indian money market consists of two parts:
the unorganised and the organised sectors. The
unorganised sector consists of an indigenous
banker who pursues the banking business on
traditional lines and non-banking financial
companies (NBFCs). The organised sector
comprises the Reserve Bank of India (RBI),
the State Bank of India (SBI) and its associate
banks, the 20 nationalised banks, and other
private sector banks, both Indian and foreign.
The organised money market in India has a
number of sub-markets, such as the treasury ...
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