Monetary Policy Frameworks – An overview

By Huge H

What is Monetary Policy? Why is it important? What frameworks can central banks deploy? What is the difference between conventional and unconventional monetary policy? Monetary policy is like juggling six balls… it is not ‘interest rate up, interest rate down.’ There is the exchange rate, there are long term yields, there are short term yields,…

Issuance and conduct of credit cards

By Huge H

What are regulations for the issuance and conduct of credit cards in India? Who can issue credit cards and what guidelines need to be followed? What is expected from credit card issuers? What kind of customer protection is available? A man who pays his bills on time is soon forgotten. ~Oscar Wilde The Reserve Bank…