Nilesh Shah praises RBI’s bold rate cut, says even Trump may urge Fed to follow

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RBI cut repo rate by 50 bps and CRR by 100 bps, surprising markets.
Nilesh Shah of Kotak MF praised the bold front-loaded move.
He said both bond and equity markets may react positively.
Jokingly added Trump might urge the US Fed to follow RBI’s lead.

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