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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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