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Book The Monetary Policy Framework Authored by Michael Patra Released.

Books & Authors | Dated: 18 May 2026

Eminent central banker and RBI Deputy Governor Michael Patra officially launched his deeply insightful new book titled The Monetary Policy Framework: Modern Realities. The comprehensive book meticulously explores the strict complexities of liquidity management.

🎯 Key Highlights:

  • It serves as highly critical reading material for JAIIB exam aspirants studying the Indian Economy paper.
  • The book heavily defends the absolute necessity of dynamic repo rate adjustments.
  • It was jointly published by Oxford University Press and the Indian Institute of Banking.

💡 Other Important Facts:

  • Book: Monetary Policy.
  • Author: Michael Patra.
  • Target: JAIIB Aspirants.

📚 Test Your Knowledge:

Who is the author of the recently released analytical book The Monetary Policy Framework focusing on liquidity management?

Correct Answer: Michael Patra

🚀 Quick Recap:

About Michael Patra

  • Role - Deputy Governor of the Reserve Bank of India
  • Focus - Monetary Policy Department and Inflation Management