What do you understand by the term Call Money?

What do you understand by the term 'Call Money'?

What do you understand by the term '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

lending by leasing companies to industrial sectors

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Best Answer Explained in Below-:

Call money is any type of short - term, interest - earning financial loan that the borrower has to pay back immediately whenever the lender demands it. Call money allows banks to earn interest, known as the call loan rate, on their surplus funds. Call money is typically used by brokerage firms for short - term funding needs.

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What do you understand by the term 'Call Money'? ?

The duration of a valid cheque is

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