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Monetary Policy Mind Map

The document outlines the evolution of India's monetary policy and banking system from the colonial era to the present. Key milestones include the establishment of the RBI in 1935, bank nationalization in 1969, the introduction of the repo rate, and the formation of the Monetary Policy Committee in 2016. It highlights the shift from government control to market-based interest rates and the recent introduction of the Digital Rupee in 2022.

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Karunambika Arumugam
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20 views1 page

Monetary Policy Mind Map

The document outlines the evolution of India's monetary policy and banking system from the colonial era to the present. Key milestones include the establishment of the RBI in 1935, bank nationalization in 1969, the introduction of the repo rate, and the formation of the Monetary Policy Committee in 2016. It highlights the shift from government control to market-based interest rates and the recent introduction of the Digital Rupee in 2022.

Uploaded by

Karunambika Arumugam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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2022: Digital Rupee (CBDC)

Market-based Interest Rates


1969: Bank Nationalization
1935: RBI Established

Pre-1947: Colonial Era


2016: MPC Formed 2020: COVID Response (Low Repo Rate)
2016-Present: Inflation Targeting
Monetary Policy of India
1991-2000s: Liberalization
1947-1991: Govt Controlled
Currency linked to British po
Repo Rate Introduced

1991: RBI Autonomy


1950s-70s: Fixed Interest Rates
1980: 6 More Banks Nationalized
Target: 4% ±2%

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