Guest Lecture – Monetary Policy and its implications on Indian Economy by Mr.Balakrishnan, Deputy General Manager(Retd) NABARD on October 19, 2016

Guest Lecture – Monetary Policy and its implications on Indian Economy by Mr.Balakrishnan, Deputy General Manager(Retd) NABARD on October 19, 2016


A guest lecture was organized for 180 students of I MBA as part of the Managerial Economics Course. The chief guest Mr.Balakrishnan explained the evolution of currency, the characteristics of paper currency, role of RBI and the governor. He also explained the functions of RBI in controlling inflation and stimulating growth. He explained the concept of demonetisation. He emphasised more on the quantitative and qualitative control techniques. He also explained the role of monetary policy and the effect of the voluntary disclosure scheme on banks and general public. He also made the comparison of Indian economy over Chinese economy. The effective functionality of RBI has led India to be strong during global recession and never has allowed even a single bank to fail since the country’s independence. He explained that there exists infusion of Rs.78000 crore in the economy, if there is 1% cut in CRR. He explained the Dosaeconomics suggested by Dr.Raghuram Rajan, Former RBI Governor. This session was coordinated by Sangeetha S, Assistant Professor (SRG), CoF

Guest Lecture – Monetary Policy and its implications on Indian Economy by Mr.Balakrishnan, Deputy General Manager(Retd) NABARD on October 19, 2016

Guest Lecture – Monetary Policy and its implications on Indian Economy by Mr.Balakrishnan, Deputy General Manager(Retd) NABARD on October 19, 2016

Guest Lecture – Monetary Policy and its implications on Indian Economy by Mr.Balakrishnan, Deputy General Manager(Retd) NABARD on October 19, 2016

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