This document summarizes the key aspects of monetary policy in India. It outlines the objectives of monetary policy as promoting economic growth, stability, and exchange rate stability. It describes the various tools used by the Reserve Bank of India (RBI) including repo rate, reverse repo rate, cash reserve ratio, and open market operations. It provides an overview of monetary policy approaches in recent years from 2019-2022, including rate cuts, lending schemes, and government security purchase programs. It analyzes how policy tools like repo rate and cash reserve ratio are used to achieve the objectives of growth and stability.