[PDF][PDF] Volatility spillovers between forex and stock markets in India

S Sahoo, H Behera, P Trivedi - RBI Occasional Papers, 2018 - researchgate.net
Volatility spillover refers to the process and magnitude by which instability in one market
affects other markets. An understanding of intermarket volatility spillovers can help financial …

[PDF][PDF] Monetary policy transmission in India: Do global spillovers matter?

MD Patra, S Pattanaik, J John… - Reserve Bank of India …, 2016 - rbidocs.rbi.org.in
In the aftermath of the global financial crisis (GFC), spillovers from the divergent courses for
monetary policy set by systemic advanced economies (AEs) have posed a dilemma: will …

[PDF][PDF] Operating target volatility: its implications for monetary policy transmission

R Kavediya, S Pattanaik - RBI Occasional Paper, 2016 - researchgate.net
The implementation of monetary policy has to often contend with episodic liquidity shocks
and the associated risk of significant and sustained deviation of the operating target from the …

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E Prabu, I Bhattacharyya - 2023 - rbi.org.in
Abstract 1 Efficient central bank liquidity management is premised on closely aligning the
inter-bank overnight rate–the operating target of monetary policy–to the policy repo rate …