Know everything about Call money and Notice money market

April 21 ‘Call Money’ is the borrowing or lending of funds for 1 day. When the money is borrowed or lend for period between 2 days and 14 days it is known as ‘Notice Money’. And ‘Term Money’ refers to borrowing/lending of funds for period exceeding 14 days.   Banks and Primary Dealers borrow and lend overnight or for the short period to meet their short term mismatches in fund positions. This borrowing and lending is on unsecured basis which means that no collateral in required for borrowing or lending in...