RT Journal Article SR Electronic T1 The Effect of World Markets on Indian Policy Rates JF The Journal of Wealth Management FD Institutional Investor Journals SP 43 OP 47 DO 10.3905/jwm.2014.16.4.043 VO 16 IS 4 A1 Manu Sharma A1 Gunwant Singh Saini A1 Esha Prashar A1 Rajnish Aggarwal A1 Gauravdeep Kaur YR 2014 UL https://pm-research.com/content/16/4/43.abstract AB The study investigates the relationship between Indian Policy rates and Market indexes of the largest economies of the world, including the U.S., the U.K., Germany, France, and Canada, for the 10 years from January 2002 to September 2012. The results indicate that the short-term lending to banks by the Reserve Bank of India (RBI) varied more rapidly with the market indexes of America compared to European market indexes, but long-term lending to banks by RBI varied more rapidly with the market indexes of Europe than American market indexes in the past 10 years. It was also found that long-term lending by RBI was more dependent on the world’s largest market indexes than was short-term lending by RBI.TOPICS: Global, legal/regulatory/public policy, fixed income and structured finance