More time out for tourism | Daily FT

Central Bank extends extra grace and repayment period for tourism and travel sector working capital loan obtained under Saubagya schemeGrace period stretched up to 30 Sept., repayment period expanded up to 36 monthsCOVID-hit businesses and individuals can request for new relief offered on or before 23 AprilFresh support comes hot on the heels of moratorium on capital and interest payment extension by six months from AprilThe tourism sector has received more time to repay low interest bearing working capital loans obtained to cope with the COVID-19 pandemic. The grace period has been extended u…

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HEDGE accordingly