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What is RBI Money Market Reforms about?
The Reserve Bank of India (RBI) has implemented various reforms to address defects in the Indian money market, including the introduction of new instruments, establishment of institutions like the DFHI, and modernization of trading systems. Key measures include the Liquidity Adjustment Facility, Market Stabilization Scheme, and integration of the unorganized sector with formal markets. These efforts have enhanced the efficiency, depth, and global integration of the money market.
- Author
- akshathrilesh20
- Language
- EN