ABSTRACT
Banks generally play important role in the development of any economy. Hence the industry is so sensitive that it is said to be the backbone of every economy. The failure of bank (commercial banks in particular) may therefore bring about failure of the entire economy hence the need to control the activities of commercial banks to ensure effective economic development.
The objective of this work is main to find out the problem of commercial bank in implementing monetary policy guideline.
The significance of monetary policy cannot be over-emphasized thus if there is inflation or excess demand causing import to rise monetary policy is used to reduce the demand. On the other hand if the interest rate are reduced through monetary policy borrowing is encouraged and the community will benefit.
