Hospitality industry hails RBI's liquidity window, says step will revive sector
- Under RBI's scheme, commercial banks can offer fresh lending support to hotels and restaurants as well as travel agents and tour operators
NEW DELHI: The hospitality and tourism sector has welcomed the Reserve Bank of India (RBI) announcement on extending ₹15,000 crore liquidity window to support contact intensive businesses such as restaurants, travel agencies, hotels and aviation ancillary services that are bearing the brunt of the pandemic.
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