Money market refers to lending and borrowing short term funds - funds with a maturity of less then one year. Banks and financial institutions (IDBI, LIC etc) are the main lenders and individuals, companies, Government and others are the main borrowers. The informal market operates through small-scale money-lenders as well as others outside the RBI control. Money market instruments broadly ar : ca...

Definitions: The -strategy of influencing movements of the money supply and interest rates to affect output and inflation The actions of a central bank that determine the size and rate of growth of the money supply. which in turn affects interest rates. A macroeconomic policy tool used to influence interest rates, inflation, and credit availability through changes in the supply ofmoriey availab...

Definitions That part of government plicy which is concerned with raising revenue through taxation and with deciding on the amounts and purposes of government spending. The government's policy in regard to taxation and spending programs. The balance between these two areas determines the amount of money the government will withdraw from or feed into the economy, which can counter economic .peaks...

-RRB was established by Indira Gandhi on 2nd October 1975 -Central Government contribution in RRB - 50% -State Government contribution in RRB - 15% -Sponsor Banks contribution in RRB - 35% -In 2005 there were 196 RRBs -In 2014 it reduced to only 56 -K.C. Chakraborty Committe - To improve the capital of RRBs. -RRBs are also using Core banking Solution Technology....

-BMB was started in 2013-2014 at the time of Finance Minister P. Chidambaram. -It started with capital of 1000 Cr. -It was inaugurated on 19 November 2013 in Mumbai by P.M Manmohan Singh -Its Headquarter is in New Delhi. -1st CMD of BMB - Usha Anantha Subramaniam -No. of branches - 6 -In this bank, account can be opened by both Male and Female, but in case of loan disbursement fe...