Perspective on today’s RBI announcement by Motilal Oswal
Mr Motilal Oswal, MD and CEO of Motilal Oswal Financial Services
Given the unprecedented times we are in, it is heartening that RBI is addressing all these challenges at a war footing. We believe, the key measures announced by RBI will help inject the much needed liquidity in the system, facilitate and incentivise credit flow and provide flexibility on regulatory forbearance. Markets are in buying zone. Keep accumulating and increasing equity allocations gradually.”
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