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- W2228165086 abstract "India’s financial markets – equity market, money market, forex market and credit market – experienced the knock-on effects of the global financial crisis. The equity markets and forex markets came under pressure because of the reversal of capital flows as part of the global deleveraging process. With the reversal of capital flows and drying up of external sources of funds, corporates shifted to domestic bank credit. This substitution of overseas financing by domestic financing brought both money markets and credit markets under pressure. In this paper, the impact of the crisis on various financial market segments in India and policy responses to contain the damage and restore normalcy have been analysed. The concluding remark is that Indian Financial Markets affected by the current global crisis from January 2008 largely because of selling pressures by FIIs, besides weakened domestic sentiments because of turmoil in international financial markets." @default.
- W2228165086 created "2016-06-24" @default.
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- W2228165086 date "2013-10-03" @default.
- W2228165086 modified "2023-09-25" @default.
- W2228165086 title "Impact of Global Crisis on Indian Financial Markets" @default.
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