“Discount and Finance House of India” (DFHI) ka gathan saal 1988 mein Reserve Bank of India dwara kiya gaya tha. Iska uddeshya money market ke vikas ko badhava dena tha aur commercial banks aur financial institutions ke liye ek naye roop ki mudra prapt karne ki suvidha uplabdh karana tha.
DFHI ke dwara pradan kiye jane wale pramukh sevaon mein se ek tha, short-term money market instruments ki kharidi bech ke liye vyapak taalika pradan karna. Iske alawa, DFHI ne bhi prathamik roop se ek “Discounting and Rediscounting” prakriya ka vikas kiya tha, jisme short-term commercial paper (CP) aur certificates of deposit (CD) jaise money market instruments ko kharida jata tha.
Discount and Finance House of India
DFHI ke dwara uplabdh ki jane wali anya suvidhaon mein, collateralized borrowing aur lending obligation (CBLO) ka prabandhan bhi shamil tha. CBLO ek tarah ka reverse repo transaction hota hai, jismein commercial banks aur financial institutions apni khud ki mudra ke badle mein RBI se CBLO lete hain aur inhe badhane ke liye short-term securities jaise treasury bills aur government securities ka upyog kiya jata hai.
2015 mein, DFHI ko bina Reserve Bank of India ke sansthaik sahamati ke, State Bank of India (SBI) ke niyntran mein liya gaya aur uska naam “SBI DFHI Limited” rakha gaya. Iske baad, SBI DFHI Limited ne apni sevaon mein kuch sudhar kiye aur money market instruments ki kharidi aur bechne ke liye prachalan mein aane wali anya suvidhaon ko bhi shamil kiya.