DFHI Abbreviation
Looking for DFHI abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of DFHI in various groups like Business.
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Popular abbreviations of DFHI:
Searching for DFHI abbreviation / DFHI full form leads to different results in different categories. The below table illustrates the popular acronyms among them.
| Term | Abbreviation | category |
|---|---|---|
| DFHI | Discount And Finance House Of India | Business |
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What does DFHI mean?
The Discount and Finance House of India (DFHI) is an institute for the money market of India. DFHI was formed by the Reserve Bank of India collaborating with the All-India Financial Institutes and other public sector banks. It was established in April 1988. The prime goal of DFHI is to contribute to the development of the money market.
RESPONSIBILITIES:
- DFHI also focuses on providing liquidity to the institutes of the money market.
- DFHI has participated in purchases and selling of treasury bills auctions.
- The largest standalone primary dealer of India is State Bank of India DFHI.
- DFHI provides smoothening for the imbalances in the short-term liquidity.
Objectives of DFHI
- DFHI aims to provide risk-free investments for the institutions.
- DFHI provides an integration between the different segments of money markets.
- For small and medium-sized institutes, DFHI provides money market transactions.
Functions of DFHI
- DFHI has a major role in purchasing, selling, and discounting treasury bills.
- Discount and Finance House of India acts as a lender and borrower in the interbank money market.
- DFHI also advises the financial institutions involved in the development schemes of the money market.
- DFHI was formed to establish stability in the whole banking system of India.
- DFHI works commercially and primarily deals in the betterment of the economy of India.
- DFHI has a direct dealing with the country’s money market, and it functions in both ways as a borrower and a lender.
SBI DFHI
SBI DFHI is an investment company that provides its services to the people of India. SBI DFHI provides services such as mutual funds, bonds, equities, loans, treasury bills, etc. Asset management is the sub-industry of SBI DFHI. The head office of SBI Discount and Finance House of India is in Mumbai. The official website of SBI DFHI is www.sbidfhi.co.in.
All Abbreviations of DFHI in 1 categories:
If you are looking for DFHI meaning in a specific category, check out the detailed sections below. We have segregated the acronyms based on their category and grouped them in each section.
DFHI abbreviation in Business:
What does DFHI mean in Business category? We have listed down 1 abbreviations. Here are the details:
| Term | Abbreviation |
|---|---|
| DFHI | Discount And Finance House Of India |
Frequently Asked Questions (FAQ)
Q. What is the abbreviation of DFHI in Business?
The full form of DFHI is Discount And Finance House Of India in Business category.