Self-Regulatory Organisation in the Financial Markets Regulated by Reserve Bank of India
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The Fixed Income Money Market and Derivatives Association of India (FIMMDA), an association of Scheduled Commercial Banks, Public Financial Institutions, Primary Dealers and Insurance Companies was incorporated as a Company under Section 25 of the Companies Act, 1956 on May 4, 1998. FIMMDA is a voluntary market body for the Fixed Income, Money and Derivatives Markets. FIMMDA has members representing all major institutional segments of the market.
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