Motown in the slow lane: Lack of liquidity seems to be the main reason
- 5 years ago
Lack of liquidity flows from non-banking financial companies (NBFCs) and new collateral conditions imposed by banks for inventory financing seem to be the main reason for a slowdown in the auto sector, say government sources after meeting auto industry bodies last week. Parikshit Luthra of CNBC-TV18 has more details.