Impact Of Rbi's Monetary Policy For The Last Two Decades And Medium Te
We are indebted to Prof.Bala V Balachandran, Prof.Lakshmi Kumar. The views expressed herein are those of the author and not necessarily those of the Great Lakes Institute of Management.
© 2004 by Kaushik.P All rights reserved. Short sections of text, not to exceed
two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source.
"Impact of RBI's Monetary Policy for the Last Two Decades and Medium Term Strategy for Managing Foreign Exchange Reserves."
--Macro Economics
Kaushik.P
Srinagar Colony, Off Raj Bhavan Road,
24, South Mada Street,
Chennai - 600015, India
Preamble:
The Monetary Policy, traditionally announced twice a year, regulates the supply of money and the cost and availability of credit in the economy. It deals with both the lending and borrowing rates of interest for commercial banks. The Monetary Policy aims to maintain price stability, full employment and economic growth. The Reserve......
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