0
Banks and approved financial institutions participate in the money market with an objective of raising funds for a very short period say one day to fourteen days. In call money market, the borrowing is clean and not collateralized and hence more care is taken to ensure only eligible institutions participates. The rates that are agreed between a lender and borrower is known as call money rate.
What else can I help you with?
What is money call rate in banking?
Generally Call Money in Banking means the money Banks borrow and lend among themselves. This is generally for a day. So the rate at which these funds are lent is the call money rate. Beyond one day its called notice money.
Call money market - meaning?
Call money market is a short term overnight market where funds are borrowed or lent for a short period of 1 to 15 days at a rate which is called as call money rate.
How much more money is canadien money then American?
The exchange rate you refer to varies daily. Call your bank.
What is the Call Rate?
A call rate is the call how much you pay or the rate of the phone.
Different values of money are called?
There are many different names for the value of money. A lot of people call money currency and say compare it by it's exchange rate.
Difference between bank rate and PLR?
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.
What is the current repo rate and reverse repo rate and bank rate by RBI in India?
As of October 12, 2010, according to the Reserve Bank of India... repo rate 6.00% reverse repo rate 5.00% overnight call money 6.24%
What is the rate of zakaah for money in percentage?
The rate of Zakaah for money is (in percent)
What do you call Indonesian money?
It is called the rupiah(IDR) and the current exchange rate is around 10000 rupiah per 1 USD.
How much is the monthly payment on a 5000 loan?
The amount of interest on 5000L for five years would depend on where you are borrowing the money from and what the prime rate is at that time. Call your local bank and find out the prime rate.
What do Russians call their money?
they call their money rubles.
What is the current Broker Call Rate?
The broker call rate is currently at 2.00% according to the related link.
