Credit control measures refer to the measures adopted by the central bank to control the cost, availability, volume, direction and purpose of credit /money supply in the economy.
In India the control of credit is done with the help of the monetary policy which is announced in April every year with a mid-quarterly review every 45 days.
The central bank uses two types of tools to regulate credit. They are
a] Quantitative tools of credit control or the General measures
b] Qualitative tools of credit control or the Selective measures.