Bank rate is the rate at which the central bank of a country lends money to commercial banks.
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Uddipana Gogoi
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Repo means repurchase agreement. It is a money money market instrument.
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Co-operative banks are financial institutions established on a co-operative basis.
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Commercial paper is an unsecured promissory note. However, is a money market instrument. Initially, the Reserve bank of India Introduced commercial paper in 1990.
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Money market mutual funds (MMMFs) is a scheme of mutual funds. It was introduced with the objective to provide short term investment avenues to potential investors.
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