ISSN: (Online) 2321 -4155
ISSN: (Print) 2320 -7000

JOURNAL OF INDIAN RESEARCH
YEAR : 2013, VOLUME : 1, ISSUE : 2
 
FINANCIAL STABILITY: IS MONETARY POLICY SUFFICIENT?
CA. Raj Chawla , Dr. Sambit Kumar Mishra
 
ABSTRACT
This Paper highlights the causes, management, preventions of fnancial crises, including banking, securities market, payments and currency crises with respect to the fnancial stability. The paper also highlights the attributes that would be useful in managing public policy with respect to fnancial stability. The paper discusses how the monetary policy may not be suffcient to handle fnancial instability.
 
KEYWORD
exchange rate, fnancial instability, IMF, Monetary policy, RBI
 
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