What do you understand by the term 'Call Money'?
What do you understand by the term 'Call Money'? Correct Answer Inter bank short-term lending and borrowing
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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Feb 20, 2025