CONTENTS: PART I: Institutions Money and the payments system Credit and the financial system Fincncial markets The reserve bank of india Commercial banks Commercial bank II Co-operative banks Development banks Non bank financial intermediaries Unregulated credit markets Part II: Thoery The demand for money Money and prices Money,Interest and income Inflation Theory of money supply The supply of credit and its allocation Interest rates Part III: Policy Goals,targets adn indicators Instruments of control Monetary Credit policy of the reserve bank of india Appendices References Index