ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Nurturing the Money Market

DEVELOPMENT of the money market in India has been one of the major goals of the Reserve Bank of India. For two reasons. One, because the shift from direct to indirect instruments of monetary policy, consequent on liberalisation and deregulation, has made a well-developed money market critical to the success of the central bank

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