What is money at call and short notice ?
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Answer / ahamed bassam m
Advances made by banks to other financial institutions, or corporate and personal customers, that are repayable either upon demand (call) or within 14 days by giving short notice.
Is This Answer Correct ? | 16 Yes | 3 No |
Answer / rokdeepak
Call Money or Notice Money is short term debt. Call Money
is borrowed in money market to meet statutory requirements
like CRR. also borrowed for fund shortges.
Is This Answer Correct ? | 16 Yes | 13 No |
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