The fact, however, remains that the market is predominantly institutional. Need for retail investors The traditional investor base for G-sec in India comprised banks, provident funds, and insurance companies. With the entry of co-operative banks, regional rural banks, pension funds, mutual funds and non-banking finance companies, the institutional investor base has been reasonably diversified.
The Governing Council of the ECB has thoroughly discussed its monetary policy approach and subsequently presented and explained the results in detail to the public. The ECB has made it plain that – in line with its mandate – it shall pursue neither an exchange-rate-oriented monetary policy nor an anticyclical monetary policy.