Role of Discount and Finance House of India (DFHI)
Role of Discount and Finance House of India (DFHI)! Pursuant to the Vaghul Working Group recommendation for setting up an institution to provide enhanced liquidity to the money market instruments, the RBI set up the Discount and Finance House of India (DFHI) jointly with public sector banks and the all-India financial institutions. DFHI was incorporated in March 1988 and it [...]