Money & Banking

Indian Institute of Technology Kanpur

This is an introductory course on Indian money and banking. It begins with a discussion on the functions of money, types of money and interest rates. Module 2 discusses the money supply process in India with definitions of Indian monetary aggregates, money multipliers and sources of high powered money in India. Module 3 extensively describes Indian money market instruments. Then, Module 4 follows with a description of the various functions of the Reserve Bank of India including its traditional and non-traditional monetary policy instruments, and Liquidity Adjustment mechanisms. Finally, Module 5 concludes with an overview of the Indian banking system, with particular reference to the commercial and co-operative banks.

Course Lectures