https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=Money_market_in_IndiaMoney market in India - Revision history2026-11-04T14:10:49ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=Money_market_in_India&diff=518347&oldid=previmported>DeniceEstep0398: made initial page and citations2026-05-04T12:51:53Z<p>made initial page and citations</p>
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{{Financial markets}}<br />
The '''Money market in India''' is a component of [[finance in India|financial markets in India]] for short-term funds with maturity ranging from overnight to one year including [[financial instrument]]s that are deemed to be close substitutes of [[money]].<ref>{{cite web|title=Report on Currency and Finance|url=http://rbidocs.rbi.org.in/rdocs/PublicationReport/Pdfs/77574.pdf|publisher=Reserve Bank of India|accessdate=4 October 2011}}</ref> Similar to [[Developed economy|developed economies]] the Indian money market is diversified and has evolved through many stages, from the conventional platform of [[treasury bill]]s and [[call money]] to [[commercial paper]], [[Certificate of deposit|certificates of deposit]], [[repo]]s, [[forward rate agreement]]s and most recently [[interest rate swap]]s<ref>{{cite web|title=Structure & Functions of Money Market in India|url=http://www.gktoday.in/reference/structure-functions-of-money-market-in-india/|publisher=GKToday|accessdate=22 April 2015}}</ref> <br />
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The Indian money market consists of diverse sub-markets, each dealing in a particular type of short-term credit. The money market fulfills the borrowing and investment requirements of providers and users of short-term funds, and balances the demand for and supply of short-term funds by providing an equilibrium mechanism. It also serves as a focal point for the [[central bank]]'s intervention in the market.<br />
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== Reserve Bank of India ==<br />
The influence of the [[Reserve Bank of India]]'s power over the Indian money market is confined almost exclusively to the organised banking structure. It is also considered to be the biggest regulator in the markets. There are certain rates and data which are released at regular intervals which have a huge impact on all the financial markets in India. The unorganised sector, which consists mostly of indigenous bankers and non-banking financial companies, although occupying an important position in the money market have not been properly integrated with the rest of the money market.<ref>{{cite book|title=Indian Economy|year=2010|publisher=S. Chand & Co. Ltd.|isbn=978-81-219-0298-4|pages=864, 865|author=Ruddar Datt & K.P.M.Sundharam|edition=Sixty one|chapter=49}}</ref><br />
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== See also ==<br />
*[[Commercial paper]]<br />
*[[Commercial paper in India]]<br />
*[[Certificate of deposit]]<br />
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== References ==<br />
{{Reflist|colwidth=33em}}<br />
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[[Category:Money markets|India]]<br />
[[Category:Finance in India]]</div>imported>DeniceEstep0398