Study of India’s Short Term Security Market with reference to its Contribution in India’s Economic Growth

A good controlled and policy oriented financial sector is essential for the globalization of the economy. Financial innovation has contributed to economic development. A financial institution is an institution which offers financial services to the customers or participants. The main financial services provided by financial institutions are likely to play the role of financial intermediary. Most financial institutions are tightly regulated by the central bank which is run by government. The definition of money to understand the money market is not limited to bank currency or notes, it also involves a number of assets that can be converted into cash in the short term, for example Short-term government bonds, commercial letters and bank acceptances. The real impact of financial markets after financial liberalization in the economy, impact on savings and investment and study role of short-term money market in economic growth etc are major objectives of this paper. The change from full financial supression to full financial liberalization might slow down the growth process or even cause a recession, provided that the initial level of valuable investments known to the financial outlook is quite low. However, a loan leads to the augmentation of data (training through a loan) about valuable investments. The objective of this study is to support and promote financial markets for the total growth and development of the economy.