Indian Financial System – An Overview Indian Financial System : A Financial system means the structure that is available in an economy to mobilize the capital from various surplus sectors to the economy and allocate & distribute the same to the various needy sectors. The transformation of Savings into investment & Consumption is facilitated by … Read more
What is CRR or Cash Reserve Ratio? The Reserve Bank of India or RBI mandates that banks store a proportion of their deposits in the form of cash so that the same can be given to the bank’s customers if the need arises. The percentage of cash required to be kept in reserves, vis-a-vis a … Read more
What Is the Money Market? The money market refers to trading in very short-term debt investments. At the wholesale level, it involves large-volume trades between institutions and traders. At the retail level, it includes mutual funds bought by individual investors and money market accounts opened by bank customers. A money market is a component of … Read more