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Travel News - RBI creates separate liquidity window of 15,000cr for hotel, tourism & aviation sector

RBI creates separate liquidity window of 15,000cr for hotel, tourism & aviation sector
The Reserve Bank of India (RBI) on Friday announced a separate liquidity window of INR 15,000 crore to mitigate the adverse impact of the second COVID-19 wave on certain contact-intensive sectors, reports Trisha Medhi for YourStory.
The window will remain open till March 31, 2022, with tenors of up to three years at the repo rate, RBI Governor Shaktikanta Das said in Mumbai after a meeting of the monetary policy committee.
Announcing the on-tap Liquidity Window for Contact-intensive Sectors, he said that banks can provide support to hotels and restaurants, tourism, aviation support services, and other services under this programme. ....

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Travel News - Expanded ECLGS a lifeline for sectors hit by second wave: Crisil

We cover authentic information, news, topics, events, interviews, guest articles, features and updates on Travel & Tourism world. ....

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RBI introduces Rs 15,000 crore liquidity window for contact-intensive sectors; loans of up to Rs 50 crore for MSMEs can be restructured

By way of an incentive, banks will be permitted to park their surplus liquidity up to the size of loan book created under this scheme with the RBI under reverse repo window at a rate which is 25 basis points lower than repo rate. ....

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ADB and JSСB Hamkorbank sign $20m loan to support MSMEs in Uzbekistan

“Hamkorbank and ADB have a long-term fruitful cooperation, and the number of joint projects has long exceeded a dozen,” said JSCB Hamkorbank Chairman of the Management Board Bakhtiyor Jurayev. ....

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1 in 2 SMEs keen to invest: Prospa

More than half of all SME owners have plans to invest in their business in the next six to 12 months, with smaller businesses more inclined to do so, according to a survey. ....

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