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What IS dfhi?

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Anonymous

∙ 14y ago
Updated: 9/18/2023

this is special institution of money market. it has been stablished in 1988.

its main work is to fulfil of financial instituition discount.

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Wiki User

∙ 14y ago
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What do you mean by DFHI?

DFHI is a short name of Discounting & Finance House of India. It includes govt.securities,state development loan, Treasury bills, money market instrument, corporate funds, mutual fund product.


When was discount and finance house of India established?

DFHI Was Set Up in April,1988.


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What are functions of dfhi?

Functions of DFHI:To discount, re-discount purchase and sell Treasury bill, trade bill, bills of exchange, commercial bills and commercial papers.To play important role as a lender, borrower, or broker in the interbank call money market.To promote and support company funds, trusts and other organisations for the development of short-term money market.To advise government, banks and financial institutions in evolving schemes for growth and development of money market.


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