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What is Call Money?

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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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1 answers

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Answered by on | Votes 0 |
  • 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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