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RBI/FORD/201617/32 FORD. Master Direction No. 2/201617July 7, 2016All Eligible Market Participants Dear Sir/Madam, Master Direction on Money Market Instruments: Call/Notice Money Market, Commercial
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Call notice money market commercial refers to a type of financial instrument where funds can be withdrawn by the lender at any time with a notice of a few days.
Financial institutions and companies that issue or hold call notice money market commercials are required to file them.
Call notice money market commercials can be filled out by providing all the necessary information about the transaction, including the parties involved, the amount, and the terms of withdrawal.
The purpose of call notice money market commercials is to provide short-term financing for businesses and individuals who need quick access to funds.
The report must include details such as the amount of funds, the interest rate, the maturity date, and the notice period for withdrawal.
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