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What is Indian Money Market Regulation Overview about?

The document summarizes the regulatory framework of the Indian money market. It discusses the roles of the Reserve Bank of India, FIMMDA, and FEDAI in regulating the money market. The RBI uses qualitative and quantitative instruments to regulate the market. FIMMDA represents market participants and aids in market development. It releases benchmark rates and develops best practices. FEDAI was established in 1958 and frames rules for foreign exchange dealings among banks. It also provides training and represe

Author

Anjali Aggarwal

Language

EN