Relief In Tough Times

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

“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 continuous basis on both fiscal and monetary front to revive the economy from the current phase of negative growth!”