News > RBI Announces Separate liquidity window Of Rs 15000 Crore For Certain Contact Intensive Sectors
RBI Announces Separate liquidity window Of Rs 15000 Crore For Certain Contact Intensive Sectors
Business Standard | 07/06/2021 01:17 PM | Click to read full article
The Reserve Bank Of India (RBI) announced that it has decided to open a separate liquidity window of Rs 15,000 crore with tenors of up to three years at the repo rate till March 31, 2022 for certain contact-intensive sectors i.e., hotels and restaurants; tourism - travel agents, tour operators and adventure/heritage facilities; aviation ancillary services - ground handling and supply chain.
Under the scheme, banks are expected to create a separate COVID loan book.