who regulates the money market in india
sebi or rbi ??
Menu
Who regulates the money market in india
Replies (3)
The Reserve Bank regulates financial markets within the overarching statutory framework of the Reserve Bank of India Act, 1934, the Government Securities Act, 2006, Foreign Exchange Management Act, 1999, the Bilateral Netting of Qualified Financial Contracts Act, 2020 and the Payment and Settlement Systems Act, 2007.
In order to control money supply, the RBI buys and sells government securities in the open market. These operations conducted by the Central Bank in the open market are referred to as Open Market Operations.
The primary financial regulator bodies in India include the
Reserve Bank of India (RBI),
Securities and Exchange Board of India (SEBI),
Insurance Regulatory and Development Authority of India,
Small Industries Development Bank of India (SIDBI), Ministry of Corporate Affairs, etc.
Different regulatory bodies have different structures and frameworks with their codes of conduct to ensure the integrity and smooth functioning of the financial system in India.
Reserve Bank of India controls the entire monetary policy and operates as regulatory framework for other schedule and non schedule banks.
Recent Threads
- Who is responcible to pay GST Liability (If Servi
- Which Website is Best For PL-200 Exam?
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
Related Threads
CAclubindia
