Tag: 15
Rs.15,000 crore package for the Tourism sector
The RBI has been announced a 15,000 crore loan package for assisting sectors including tourism, hotels, and restaurants, which are facing severe crisis due to the expansion of covid. Loans are available only to travel agencies, tour operators, supply chain companies, private bus operators, car workshops, car rental companies, event organizers, spas, beauty parlors/salons, and aviation ground handling. For this, the RBI will provide money to the banks at a four percent repo rate in a period of three years. The aim is to ensure the availability of money in these areas. The loan will be available under this scheme ... Read more