M. I. Razia begum, S. Smetha
This study explores the Monetary Policy along with their objectives, formation and execution in India. It explains the intricacies of its instruments and the regulatory governance of Reserve Bank in India. It elucidates how instruments such as Bank rate, Repo rate, Cash reserve ratio and Statutory Liquid Ratio are used in steering economies. It scrutinizes the importance of Monetary Policy and navigate the economy in price stability. It touches upon the benefits and the types of Monetary Policy followed in our country. It further explains the current rate of interest. It also provides the comprehensive understanding of the Monetary Policy process and the steps to improve monetary transmission. This study coalescence the monetary policy and financial markets, and unraveling the ripple effects on cost of money, boom and the employment in economic landscape.
Policy, Navigate, Monetary, Economic, Financial.