What do you mean by Call Money?

What do you mean by 'Call Money'?

What do you mean by 'Call Money'? ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

Inter-bank short-term lending and borrowing

Borrowing from central bank

Lending by commercial banks to insurance companies

Withdrawal of money from commercial banks by deposit holders

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Best Answer Explained in Below-:

Call money is also referred to as the money at call. It is a short - term loan which is due to be paid immediately in full as and when demanded by the lender. Not similar to a term loan, call money loan does not have a defined schedule of payment and maturity.

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What do you mean by 'Call Money'? ?

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