“This is a ‘Main Hoon Na’ policy of RBI, very-very reassuring for the markets: Nilesh Shah”, Economic Times, June 8, 2023:
“Undoubtedly, the RBI policy is as per the expectations of the market. It almost reminds me of Sunil Gavaskar, the legendary opening batsman, no matter what the attack was he was standing there without fear,” says Nilesh Shah, MD, Kotak AMC.
You think that this would be pretty much on expected lines and the market should be cheerful that perhaps now rate cut is on the anvil and no more talk of rate hikes.
Undoubtedly, the RBI policy is as per the expectations of the market. It almost reminds me of Sunil Gavaskar, the legendary opening batsman, no matter what the attack was he was standing there without fear. In a very challenging global environment, RBI has navigated Indian economy….”
Read the full article at Economictimes.indiatimes.com
