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RBI CREDIT AND MONETARY POLICIES (1999-2010) click here

Annual Policy Statement for the Year 2009-10 click here


Annual Policy Statement for the Year 2008-09
-Announced on the 29th April 2008 by Dr. Y.Venugopal Reddy, Governor, Reserve Bank of India



Dr. Y. Venugopal Reddy, Governor, in a meeting with Chief Executives of major commercial banks today presented the Annual Policy Statement for the Year 2008-09.
This Statement consists of two parts: Part I. Annual Statement on Monetary Policy for the Year 2008-09; and Part II. Annual Statement on Developmental and Regulatory Policies for the Year 2008-09.

Part I. Annual Statement on Monetary Policy for the Year 2008-09

The Annual Statement on Monetary Policy for the Year 2008-09 consists of three Sections:

I. Review of Macroeconomic and Monetary Developments during 2007-08   Read full text

II. Stance of Monetary Policy for 2008-09   Read full text

III. Monetary Measures   Read full text

Part II. Annual Statement on Developmental and Regulatory Policies for the Year 2008-09

An Overview    Read full text

The Annual Statement on Developmental and Regulatory Policies for the year 2007-08 is divided into four sections:

I. Financial Markets    Read full text

II. Credit Delivery Mechanism and Other Banking Services    Read full text

III. Prudential Measures   Read full text

IV. Institutional Developments   Read full text

An analytical review of macroeconomic and monetary developments was issued a day in advance as a supplement to Part I of this Statement, providing the necessary information and technical analysis with the help of charts and tables.

The Annual Statement on Monetary Policy will be reviewed on a quarterly basis during 2007-08, whereas the Annual Statement on Developmental and Regulatory Policies will be reviewed along with the Mid-Term Review of Monetary Policy, in continuation of the changes in the institutional framework of policy formulation that were initiated in 2005-06. Accordingly, the date for the First Quarter Review is .

Mid-Term Review of the Annual Policy Statement on Developmental and Regulatory Policies will be undertaken on

Click Here For Highlights of Annual Policy Statement for the Year 2008-09

Click Here For Macro economic and Monetary Developments : 2007-08












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