Subject. This article analyzes the current state of the relationship between monetary policy and banking policy to manage macro-financial flows of the banking sector of Russia. Objectives. The article aims to assess how closely monetary policy and banking policy are linked in order to manage the macro-financial flows of the Russian banking sector. Methods. For the study, I used normative and integrated approaches, and general scientific and special methods of scientific knowledge. Results. The article assesses the relationship between monetary policy and banking policy to manage macro-financial flows of the banking sector of Russia. Conclusions. The Bank of Russia's monetary policy transmission mechanism needs to be developed and improved. Developing a new channel of influence, i.e. the digital channel of the transmission mechanism, is a promising area to improve it.
Pechnikova A.V. [Monetary policy of the Bank of Russia: strategy and tactics]. Bankovskie uslugi = Banking Services, 2005, no. 3, pp. 2–14. (In Russ.)
Lavrushin O.I. [On monetary and banking policies]. Bankovskoe delo = Banking, 2008, no. 2, pp. 10–14. URL: Link (In Russ.)
Abramova M.A., Dubova S.E., Krasavina L.N. et al. [Key aspects of the modern russian monetary policy: expert opinion]. Ekonomika. Nalogi. Pravo = Economics. Taxes. Law, 2016, vol. 9, no. 1, pp. 6–15. URL: Link (In Russ.)
Lavrushin O.I., Krasavina L.N., Abramova M.A. [On the directions of modernization of monetary policy]. Bankovskoe delo = Banking, 2009, no. 12, pp. 22–25. URL: Link (In Russ.)
Yankina I.A. [On the conjugacy of monetary and banking policies: constructing a model]. Izvestiya vysshikh uchebnykh zavedenii. Severo-Kavkazskii region. Obshchestvennye nauki = Bulletin of Higher Education Institutes. North Caucasus Region. Social Sciences, 2006, no. 4, pp. 93–98. URL: Link (In Russ.)
Kolevatov D.A. [The percentage channel of the monetary policy transmission mechanism]. Aktual'nye voprosy nauki, 2018, no. 39, pp. 62–64. (In Russ.)
Ovchinnikova O.P. [Evolution of the monetary policy in modern Russia]. Vestnik Voronezhskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Proceedings of Voronezh State University. Series: Economics and Management, 2015, no. 1, pp. 36–42. URL: Link (In Russ.)
Bondarenko V.A. [The impact of the monetary policy of the Bank of Russia on the banking system parameters]. Finansovaya analitika: problemy i resheniya = Financial Analytics: Science and Experience, 2013, vol. 6, iss. 29, pp. 30–37. URL: Link (In Russ.)
Uryupina A.A. [Banking sector in the conditions of contractionary monetary policy]. Bankovskie uslugi = Banking Services, 2008, no. 7, pp. 2–4. (In Russ.)
Astapov K.L. [Budgetary and monetary policies in the conditions of crisis]. Finansy = Finance, 2009, no. 6, pp. 14–18. (In Russ.)