Indian & World Geography·Key Cases & Reports

Monetary Policy Transmission — Key Cases & Reports

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Version 1Updated 5 Mar 2026

Key Cases & Reports

RBI vs Jayantilal N. Mistry

2021

This case established the RBI's regulatory authority over Non-Banking Financial Companies (NBFCs) and their role in monetary policy transmission. The Supreme Court upheld RBI's…

State Bank of India vs Santosh Gupta

2017

This case dealt with the relationship between policy rate changes and existing loan contracts, particularly in the context of floating rate loans. The Supreme Court clarified that…

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