RBI financial stimulus announced today - Views of Mr Ankit Agarwal, Managing Director at Alankit Ltd

"The much needed liquidity for easing NBFC financing would help in shorter time frame. Reduction in reverse repo rate will disincentive the banks from holding the funds and would be encouraged to lend more to the borrowers and will give relief in these cash stricken situations during covid 19 lockdown" - Mr Ankit Agarwal, Managing Director at Alankit Ltd.

Source : Equity Bulls

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