Comment by Rajat Rajgarhia, MD & CEO, Institutional Equities, Motilal Oswal Financial Services on RBI Announcement

Mr. Rajat  Rajgarhia, MD & CEO, Institutional Equities, Motilal Oswal Financial Services

Mr. Rajat Rajgarhia, MD & CEO, Institutional Equities, Motilal Oswal Financial Services

MUMBAI, 22 MAY, 2020 (GPN): Mr. Rajat  Rajgarhia, MD & CEO, Institutional Equities, Motilal Oswal Financial Services shares his  perspective on today’s RBI announcement : “RBI continues to support on the Monetary front by doing out of turn MPC meets to cut rates. Lowering the cost of capital is some relief in these times. Moratorium extension was expected, considering the economic activity levels. India would need more measures on a continous basis on both fiscal and monetary front to revive the economy from the current phase of negative growth!”

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Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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