Money markets represent shortterm lending while capital markets allow investors to trade in stocks and bonds. CMR serves as a benchmark for monetary policy operations.Eg- if the interest rate is high, RBI will buy securities. We offer choices for your savings needs. From a straight-forward savings account to a money market account - both options earn a competitive interest rate. "Financial markets are key in the pursuit of sustainable development because they hold the scorecard, allocate and price capital, and. The document discusses money markets and capital markets, explaining that money markets deal in short-term financial instruments of up to one year. The views expressed in this report reflect those of the portfolio manager only through the end of the period covered and do not. The money market has continued tight. In the fourth quarter of the year seasonal factors will put further pressure on bank reserves.