The Monetary Policy of India is formulated and executed by Reserve Bank of India to achieve specific objectives. It refers to that policy by which central bank of the country controls(i) the supply of money, and (ii) cost of money or the rate of interest, with a view to achieve particular objectives. The main objectives of monetary policy are to achieve price stability, financial stability and adequate availability of credit for growth.
Recent Developments RBI Releases Financial Stability Report
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