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Centre responsive to economic slowdown, but more steps needed: Report

Monday, August 26, 2019, 9:36 PM

With the government announcing a slew of measures to boost the economy, JM Financial-report has suggested that although the government has been responsive to the issues of industry, the steps may not be sufficient and more measures might be needed to give a-fresh-start to the lending-cycle of NBFCs. On the measures announced to boost auto-sales, the report noted that the auto-sector may benefit marginally.