News From Press Be ready for marginal correction or flat market for some time: Balasubramanian

Be ready for marginal correction or flat market for some time: Balasubramanian

Source: Financial Express Nov 2, 2024

The consumption story is showing signs of stress due to a decline in credit growth. But A Balasubramanian, MD, Birla Sun Life Mutual Fund, tells FE that the regulatory action by the Reserve Bank of India on non-banking financial companies and micro finance institutions was needed to ensure that the economy does not face any unpleasant surprises.

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