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39. Precisely you know by call money? – Call or notice prices are an amount borrowed or lent on the requirement for the very short era. If the period is greater than one day and up to 14 days, it is called as notice money; otherwise, the amount is referred to call dough. Cooperative banks, the definition of the bank by different authors and primary dealers are permitted to borrow and lend in foreign exchange trading for adjusting their cash reserve considerations.

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14. What do you know private sector banks? – At present, there are fourteen old private sector banks in our country and seven new private sector banks namely; Axis bank Limited, Development Credit Bank Limited, HDFC Bank Limited, ICICI Bank Limited, Indus Ind bank Limited, Kotak Mahindra Bank Limited and Yes Bank Limited. According to the revised norms fixed by Reserve Bank of India, the actual private sector banks ought to have a minimum capital base of Urs. 100 crore.

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