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Monetary Policy: RBI guv like Kapil Dev, came out with a truly reassuring policy: Nilesh Shah
Nilesh Shah, MD of Kotak AMC, compares the RBI governor to legendary cricketer Kapil Dev, saying that the RBI is playing multiple targets just like Kapil Dev could bat, bowl, field, and captain. Shah believes that the RBI's policies are reassuring to the market and that they will manage any challenges that come their way. However, he notes that the equity market has other concerns, such as the upcoming result season, uneven recovery, energy prices, and the impact of the 2024 elections.
