Call Money Markets means ........

Economic Affairs Financial Markets

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Call Money Markets means:

Market for hawala

Market for inter-bank loans on a day-to-day basis

Market arrangement for loans to people below the poverty line

Market in which black money is exchanged for white money

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Explanation:

The call/notice money market forms an important segment of the Indian Money Market. Under call money market, funds are transacted on an overnight basis and under notice money market, funds are transacted for a period between 2 days and 14 days.
Scheduled commercial banks (excluding RRBs), co-operative banks (other than Land Development Banks) and Primary Dealers (PDs), are permitted to participate in call/notice money market both as borrowers and lenders.