What are instruments of monetary control at reserve bank of India?

The Reserve Bank of India (RBI) employs several instruments for monetary control, including the repo rate, reverse repo rate, cash reserve ratio (CRR), and statutory liquidity ratio (SLR). The repo rate is the rate at which the RBI lends to commercial banks, influencing overall lending rates in the economy. The CRR mandates banks to keep a certain percentage of their deposits with the RBI, while the SLR requires banks to maintain a minimum percentage of their net demand and time liabilities in the form of liquid assets. These tools help the RBI regulate money supply, control inflation, and ensure financial stability.