What is Call Money?
What is Call Money?
1).
It is a loan for 1 day
2).
It is a loan of more than 100 day
3).
It is a loan of more than 15 days
4).
It is a loan of 365 days
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- The Call Money Market is a loan given to banks for one day. These loans can be utilized by banks to meet liquidity.
- If the bank requires funds for a longer period, it can get money through notice market and it is acknowledged as Notice Money.
- In Notice Money Market loan are provided for 2 to 14 days.
- It permits for huge financial institutions like banks, mutual funds, and corporations, to borrow and lend money at interbank rates.
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