The economy is going through choppy waters as can be seen in auto sale numbers, I-T collections, stock market carnage and management guidance coming with June quarter results. The economy went through Samudra Manthan in the past few years. There is no Mahadev in Kalyug to bear the poison, which has come out before the intended amrit, hence we have to bear the same in form of subdued growth.
Bank lending to corporates is more or less without external influence, which will result in lower ..