Publications

PDF - Norms Set out for the Monetary Policy Department ()
Date : Nov 16, 2009
Norms Set out for the Monetary Policy Department
  • To bring out Governor’s Policy Statements as per the following schedule, which are announced in the meeting with select scheduled commercial banks as per pre-scheduled dates:
    • Annual Policy Statement -                              April
    • First Quarter Review -                                     July
    • Second Quarter Review -                                October
    • Third Quarter Review -                                    January 
    • Dates for Governor’s Policy Statements are announced either through press release or Policy Statement (contains the date for the next Governor’s Policy Statement).
  • Pre-policy Consultation Meetings

    • Annual Policy Statement and Second Quarter Review - With banks, market participants, trade bodies, credit rating agencies, self-regulatory bodies, NBFCs, co-operatives rural financial institutions and Economists and Journalists.
    • First and Third Quarter Review - With the IBA and market participants.
    • TAC Meeting on Monetary Policy - One week before announcement of each Policy Statement/at least once in a quarter prior to Policy Statement.
    • Meeting with banks on their resource management.

  • Compendium of circulars issued during a year - Annual