Sanjoy27
Gm Finance
Humaira
Assistant Manager
Megh
Administrator

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Hi everybody.. can neone provide me some idea about the call money market in india.. its role.. its significance... in little detail. it will b a great help to me. thnx Megha
From India , Ranchi
Hi
Call money market is basically an overnight market in which all banks participate. This market is a forum for all banks to deploy their surplus funds and indicates the level of liquidity in the market. Call rates generally range from 5% to 9%, and in case of crisis they can even go upto 20%. I also remember a time when the call rates were as low as 1%, this was the time when the Fed rates wre below 1% , as against current 4.75%.
You should read Business standard where they give all money market intesrst rates like call rates, CP, CD, Government Bond rates etc.
CA Sanjoy Banka

From India , New Delhi
You should read Business standard where they give all money market intesrst rates like call rates, CP, CD, Government Bond rates

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