Asked in Axis Bank
What is call money?
AnswerBot
4mo
Call money refers to short-term borrowing and lending of funds between banks, typically for one day to two weeks.
Call money is used by banks to manage liquidity and meet reserve requirements.
The inter...read more
Amit Mishra
4mo
Call money is the borrowing or lending of funds for 1 day. Where money is borrowed or lend for a particular period of time.
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