Stock market is plummeting in India and worldwide...like never before. It appears that the bank call rates in India have increased to about 16%, and the stock market is down by about 500 points. By the way, what is meant by bank call rate? I tried to search using Google. Didn't get any useful result for the first few screens. I tried using quotes like " what is bank call rate"...nope..not even one result with exact phrase. The term call rate is so frequently used, but unable find a meaning using Google SE. The melt down in stocks and real estate market is long overdue...and respective governments deserve any blame for the same.