Fundamentals of the state regulation of the banking sector in the Russian Federation

Bank lending is the main channel of the money supply by the banking system of the national economy. Unfortunately, in modern Russian bank credit is not available for the majority of companies operating in the domestic market due to its high cost and the credit channel is the issue of money - almost does not work. This power is that by assigning unreasonably high interest rates on loans, banks thus redistribute in their favor a significant part of the value added created in the economy sectors dependent on them. Happening economically unreasonable seizure of the gross margin of the real sector of Russia in favor of its banking sector. At the same time the possibility of price increases in most sectors of the real (and hence the possibility of neutralizing the negative results of such an exception) limited by the hard-liners of the Central Bank monetary policy aimed at curbing inflation.