Q. Which of the following is/are the participant/s of call money market?
3.Regional rural banks
Choose the correct answer from below given codes:
Explanation: The call money market is an important segment of the money market where borrowing and lending of funds take place on overnight basis.
- Participants in the call money market in India currently include scheduled commercial banks (SCBs)—excluding regional rural banks), cooperative banks (other than land development banks), insurance.
- Prudential limits, in respect of both outstanding borrowing and lending transactions in the call money market for each of these entities, are specified by the RBI.
Source: Ramesh Singh