RBI gives Rs 15,000 crore liquidity window for some sectors
RBI gives Rs 15,000 crore liquidity window for some sectors ANI 04 Jun 2021, 16:18 GMT+10 Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors. The facility will have tenors of up to three years at repo rate (4 per cent), said RBI Governor Shaktikanta Das. Under the scheme, banks can provide fresh lending support to hotels and restaurants; tourism -- travel agents, tour operators and adventu...
Source: orlandoecho.com