Item description for Commercial Banks and Monetary Policy in India by Partha Ray...
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.
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Est. Packaging Dimensions: Length: 0.75" Width: 6.25" Height: 9" Weight: 1.4 lbs.
Release Date Aug 1, 2008
Publisher Academic Foundation
ISBN 8171886353 ISBN13 9788171886357
Availability 0 units.
More About Partha Ray
Partha Ray is Director, Department of Economic and Policy Research, RBI. He is a career central banker with 20 years of experience in the RBI. During August 2007 April 2011, he was Adviser to Executive Director for Bangladesh, Bhutan, India, and Sri Lanka at the IMF. He has published in national and international journals.
Partha Ray has an academic affiliation as follows - Professor, Economics Group, Indian Institute of Management Calcutta, K.