Spring Cloud not detecting the git repository - spring

Question

I have a spring-boot project which uses spring-cloud to manage the properties in a centralized place.
I have configured the app as below
#SpringBootApplication
#EnableConfigServer
public class ConfigServerApplication {
public static void main( String[] args )
{
SpringApplication.run(ConfigServerApplication.class, args);
}
}
and the application.properties as below
spring.application.name=spring-cloud-config-server
server.port=8888
spring.cloud.config.server.git.uri=file:///ebs/payment-config-server-git
But when I run the jar, the application log stops at,
. ____ _ __ _ _
/\\ / ___'_ __ _ _(_)_ __ __ _ \ \ \ \
( ( )\___ | '_ | '_| | '_ \/ _` | \ \ \ \
\\/ ___)| |_)| | | | | || (_| | ) ) ) )
' |____| .__|_| |_|_| |_\__, | / / / /
=========|_|==============|___/=/_/_/_/
:: Spring Boot :: (v2.3.0.RELEASE)
2020-06-08 19:36:38.641 INFO 4278 --- [ main] c.h.t.c.ConfigServerApplication : No active profile set, falling back to default profiles: default
2020-06-08 19:36:40.303 INFO 4278 --- [ main] o.s.cloud.context.scope.GenericScope : BeanFactory id=cb4015b1-4a5b-3c4c-a050-3196b94db932
2020-06-08 19:36:40.973 INFO 4278 --- [ main] o.s.b.w.embedded.tomcat.TomcatWebServer : Tomcat initialized with port(s): 8888 (http)
2020-06-08 19:36:41.001 INFO 4278 --- [ main] o.apache.catalina.core.StandardService : Starting service [Tomcat]
2020-06-08 19:36:41.002 INFO 4278 --- [ main] org.apache.catalina.core.StandardEngine : Starting Servlet engine: [Apache Tomcat/9.0.35]
2020-06-08 19:36:41.128 INFO 4278 --- [ main] o.a.c.c.C.[Tomcat].[localhost].[/] : Initializing Spring embedded WebApplicationContext
2020-06-08 19:36:41.128 INFO 4278 --- [ main] o.s.web.context.ContextLoader : Root WebApplicationContext: initialization completed in 2460 ms
2020-06-08 19:36:41.608 INFO 4278 --- [ main] o.s.s.concurrent.ThreadPoolTaskExecutor : Initializing ExecutorService 'applicationTaskExecutor'
2020-06-08 19:36:42.649 INFO 4278 --- [ main] o.s.b.a.e.web.EndpointLinksResolver : Exposing 2 endpoint(s) beneath base path '/actuator'
2020-06-08 19:36:42.718 INFO 4278 --- [ main] o.s.b.w.embedded.tomcat.TomcatWebServer : Tomcat started on port(s): 8888 (http) with context path ''
2020-06-08 19:36:42.738 INFO 4278 --- [ main] c.h.t.c.ConfigServerApplication : Started ConfigServerApplication in 5.573 seconds (JVM running for 6.371)
It is supposed to log the repository location from where it reads the properties from. But it is not printing those logs and I am not able to read any properties from the application.
What is the mistake in my configuration file?
Thank You.
PS: Git origin is not set. There is no remote for the git repository