what is call money in business studies
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Call money is money loaned by a bank that must be repaid on demand. ... Brokerages use call money as a short-term source of funding to maintain margin accounts for the benefit of their customers who wish to leverage their investments. The funds can move quickly between lenders and brokerage firms.
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bm786125:
wrong
No its correct
no
the call money is the money when the bank suffer the temporary shortage of fund to fulfill the CRR then the bank with surplus band lends some money to fullfill the CRR
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Call money is minimum short-term finance repayable on demand, with a maturity period of one to fourteen days or overnight to a fortnight. It is used for inter-bank transactions. The money that is lent for one day in this market is known as "call money" and, if it exceeds one day, is referred to as "notice money."
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