With the RBI announcing a second consecutive rate cut and changing the stance to accommodative from neutral, the Managing Director of Kotak Mutual Fund, Nilesh Shah, believes that the central bank has done its best to counter the unpredictable moves of Donald Trump.

“The RBI has equipped the Indian Economy with helmet (liquidity), Bat and other accessories (interest rate cut) and pep talk (change of stance to accommodation) so that it can play on a green top wicket in a cold and cloudy (geo economical and political environment) morning against the seaming, fast and unpredictable bowling of President Trump,” Shah said post MPC outcome.

Comparing the Reserve Bank of India with a cricket coach, he mentioned that this is the best the coach can do, and now the players have to play it out and score runs.

This is the best the coach can do. Now the players have to play it out so that we can score runs when the weather clears and pitch eases,” Shah said

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