Commercial Banks and Monetary Policy in India

Commercial Banks and Monetary Policy in India

Hardback

Up to 2 WeeksUsually despatched within 2 weeks

Description

Set against a backdrop of financial-sector reforms in India, this analysis explores theories and empirical evidence regarding the behavior of commercial banks and their reactions to centralized monetary policy. A comprehensive account of the credit channels of monetary transmission is presented along with observations of the modified IS-LM model within the independent banking sector. Progressive issues such as future consolidation of the banking sector are also addressed. Ultimately, not all commercial banks react uniformly to monetary policy, as ownership, size, liquidity, and capitalization play key roles in determining individual responses.

About Author

Partha Ray, a monetary policy expert with the Reserve Bar India, is currently serving as assistant to the executive (India chapter) at the International Monetary Fund (IMF), Washington DC.

Product Details

  • ISBN13: 9788171886357
  • Format: Hardback
  • ID: 9788171886357
  • ISBN10: 8171886353

Delivery Information

  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
  • Courier Delivery: Yes
  • Store Delivery: Yes

Prices are for internet purchases only. Prices and availability in WHSmith Stores may vary significantly

Close