Professional Documents
Culture Documents
Sujeel –Bin-Abdullah
Roll No 32-MBA-06
MONEY MARKET:
According to RBI “The centre for dealings, mainly of short term
character ,in monetary assets it meets the short-term
requirements of the borrowers and provides liquidity for cash to
the lenders” . By ” MONEY MARKET “ we mean simply an
arrangement that brings about a direct or indirect contact
between the lender or the borrower. The basic function is to
provide the facilities for adjustment of liquidity positions of
commercial banks ,business corporations, and other
investors. Money market is the market for the short term
financial assets which are near substitutes for money. Money
market instruments are liquid and can be turned over quickly at
low transaction cost and without loss. Money market
instruments are for short duration ,generally speaking—less
than one year
CAPITAL MARKET:
MONEY MARKET:
Certificate of deposits
Commercial Paper