What is Money Market ?

Money Market refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one year. The most active part of the money market is the market for overnight call and term money between banks and institutions and repo transactions. It is regulated by RBI. Money Market can be further divided into 3 parts. These are: a) Call Money b) Term Money c) Notice Money Call Money - The market to get funds...