Implications of CAC Proposals

EPW Research Foundation Implications of CAC Proposals Even as the CRB fraud has exposed the inadequacies of the agencies concerned with monitoring, supervision and market intelligence the money market has remained generally unaffected indicating that the policy of retaining some segmentation of the financial markets and the limited exposure of the money market to NBFCs has stood the test of time. The recommendations of the CAC Committee to remove market segmentation should be examined in this context.