Accountancy, asked by aman91079, 7 months ago

who is the borrower of call money​

Answers

Answered by gauri3077
0

Answer:

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Explanation:

The call money market (CMM) the market where overnight (one day) loans can be availed by banks to meet liquidity. Banks who seeks to avail liquidity approaches the call market as borrowers and the ones who have excess liquidity participate there as lenders. The CMM is functional from Monday to Friday

Answered by prnandini2016
0

Answer:

The call money market (CMM) the market where overnight (one day) loans can be availed by banks to meet liquidity. Banks who seeks to avail liquidity approaches the call market as borrowers and the ones who have excess liquidity participate there as lenders. The CMM is functional from Monday to Friday.

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