This article throws light upon the top five institutions of money market. The institutions are: 1. Commercial Bank 2. Central Bank 3. Acceptance Houses 4. Non-banking Financial Intermediaries 5. Bill Brokers. Institution # 1. Commercial Bank: Commercial banks are the back bone of the money market. They form one of the major constituents of the money market. These banks use [...]
This article throws light upon the top two types of financial market. The types are: 1. Money Market 2. Capital Market. Financial Market: Type # 1. Money Market: The term money market is used in a composite sense to mean financial institutions which deal with short-term funds in the economy. It refers to the institutional arrangements facilitating borrowing and lending [...]
After reading this article you will learn about the Advantages and Disadvantages of Stable Dividend Policy. Advantages of Stable Dividend Policy: A stable dividend policy is advantageous to both the investors and the company on account of the following: (a) It is sign of continued normal operations of the company. (b) It stabilises the market value of shares. (c) It [...]