Question
Who can be the participants in the Call Money Market
1. Scheduled Commercial Banks (excl Local Area Banks) 2. Small Finance Banks and Payment Banks 3. Regional Rural Banks 4. Cooperative Banks 5. Primary dealersSolution
The following entities shall be eligible to participate in the Call, Notice and Term Money Markets, both as borrowers and lenders: · Scheduled Commercial Banks (excluding Local Area Banks); · Payment Banks; · Small Finance Banks; · Regional Rural Banks; · State Co-operative Banks, District Central Co-operative Banks and Urban Co-operative Banks (hereinafter Co-operative Banks); and · Primary Dealers.
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