Challenges for money market in present saniro

The money market is better known as a place for large institutions and government to manage their short-term cash needs. However, individual investors have access to the market through a variety of different securities. Indian money market is not integrated with other global market therefore its not so liberalized n modernized, because of that very limited scope is there for investors.RBI and Government have taken policy decisions to create conducive environment. This paper, has attempted to cover the structure, drawbacks and the reforms taken by RBI for the development of money market.