Phillips Money Market Fund (MMF) ~ BULLy The BEAR
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The trades are carried out each on phone as well as on the NDS Call system, which is an digital screen based mostly system arrange by the RBI for negotiating money market deals between entities permitted to operate within the money market. The settlement of money market offers is by electronic funds switch on the Actual Time Gross Settlement (RTGS) system operated by the RBI. The compensation of the borrowed cash also takes place by the RTGS system on the due date of repayment.