Govt offers easy credit access to boost growth

Under pressure to arrest a slowdown in the economy, Finance Minister Nirmala Sitharaman on Friday started the process of taking a slew of steps to boost industry's access to credit, including opening a Rs 10,000 crore liquidity window for home financiers. Sitharaman will meet chiefs of all state-run as well as private sector banks on Monday to discuss issues related to credit growth in key segments of the economy, including automobile, retail, small businesses, affordable housing and non bank finance as well as housing finance.