Introduction

NDS-CALL

The NDS-CALL platform owned by the Reserve Bank of India and managed by the Company was launched on September 18, 2006. It is an electronic screen based, Request for Quote System facilitating dealing in call, notice and term money transactions. All telephonic deals in call, notice and term money which have been concluded outside the NDS-CALL system have to be reported on this platform within 15 minutes of conclusion of the transaction. Information on previous dealt rates, ongoing bids/offers on real time basis has imparted greater transparency and facilitated better rate discovery in the call money market.