MONETARY THEORY AND BANKING IN INDIA FOR B.COM FIFTH SEMESTER

Monetary Theory and Banking in India
By Dr. Amit Kumar & Dr. Ruchi Sen

“Monetary Theory and Banking in India” offers a comprehensive and analytical exploration of the monetary and financial system in India. Written by distinguished scholars Dr. Amit Kumar and Dr. Ruchi Sen, the book provides clear insights into the structure, functions, and evolution of monetary policy and the banking sector in the Indian economy.

Blending theoretical foundations with contemporary developments, the book covers:

• The principles and frameworks of monetary theory

• The role and mechanisms of money in economic activity

• The structure, functions, and regulatory framework of Indian banking

• The evolution of financial institutions and banking reforms

• Monetary policy tools, transmission mechanisms, and their impact on economic stability

• Emerging trends such as digital banking, financial inclusion, and fintech innovations

Designed for students of economics, commerce, management, and banking, this book serves as an essential resource for understanding how monetary forces influence economic outcomes and how the banking system supports national development. Policymakers, researchers, and competitive exam aspirants will also find it highly valuable for its clarity, relevance, and practical perspectives.