CALL MONEY MARKET
Call money market is important segment of money market. Borrowing and lending in call money market are for short duration ranging from overnight to a fortnight. Call loans are repayable on demand at the option of the borrower or lender or at very short notice. Call loans are therefore very liquid, next to cash. Call / notice money is the money borrowed or rent on demand for a very short period. When money is borrowed or rent for a day, it is known as call (overnight) Money.
Participants in Call Money
Commercial banks, both Indian and foreign
Co-operative banks
DFCHI
STCI
Primary dealers