25 bps rate cut by RBI not enough to spur demand, says M&M

CNBC-TV18
CNBC-TV18
  • 5 years ago
In a CNBC-TV18 exclusive, Mahindra and Mahindra’s (M&M) MD Pawan Goenka said that Thursday’s rate cut by Reserve Bank of India (RBI) is not sufficient to spur demand. Speaking to Sonia Shenoy he also discussed about the factors leading to a slowdown in demand and his sales guidance for FY20.

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