India extends $41 BILLION loan guarantee scheme to airlines & small businesses amid pandemic ...News

Russia Today - Economy
India extends $41 BILLION loan guarantee scheme to airlines & small businesses amid pandemic
source : Russia Today ( News ) () 35
India’s Finance Ministry has announced the expansion of an emergency credit program to cover airlines and hospitals, to protect them from the impact of the Covid-19 crisis. According to the ministry, the loans, which were previously intended for specific sectors such as small borrowers, can be claimed until September 30 or until total guarantees worth three trillion rupees ($41 billion) are offered. Sunil Mehta, chief executive of the Indian Banks’ Association, said at a briefing that around 2.5 trillion rupees ($34 billion) have so far been disbursed. “With the second wave and incremental stress on debt servicing of the borrowers, rel

Read More Details
Finally We wish PressBee provided you with enough information of ( India extends $41 BILLION loan guarantee scheme to airlines & small businesses amid pandemic )

Also on site :

Most viewed in Economy
Turkcell Achieves a Global First for 5G Infrastructure
PR Newswire - before 11 hour & 6 minute
Fire risk warning to households after UK basks in sunny spring
INDEPENDENT - before 3 hours & 54 minute
Tariffs and Turmoil Undermine Trump's Oil and Gas Promises
OILPRICE - before 8 hours & 4 minute
Расширение внешней открытости и углубление обмена и сотрудничества
PR Newswire - before 6 hours & 28 minute
Otevírání vnějšímu světu se rozšiřuje a výměna a spolupráce se prohlubují
PR Newswire - before 5 hours & 40 minute
Europe's Moonshot Moment: New Industry Report Suggests Now is Europe's Time to Lead in Global Software
PR Newswire - before 4 hours & 9 minute
FT Executive Education Ranking 2025: methodology and key
Financial Times - before 10 hours & 14 minute
SIBIONICS Hosts the 3rd AGP&DTx Summit Forum: Breakthroughs Ahead
PR Newswire - before 9 hours & 11 minute
China says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violations
CNBC - before 9 minute


Latest News

China says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violations

before 9 minute

Fire risk warning to households after UK basks in sunny spring

before 3 hours & 54 minute

Europe's Moonshot Moment: New Industry Report Suggests Now is Europe's Time to Lead in Global Software

before 4 hours & 9 minute

Otevírání vnějšímu světu se rozšiřuje a výměna a spolupráce se prohlubují

before 5 hours & 40 minute

Zareef Hamid on the Rise of AI-Native Organizations

before 5 hours & 56 minute

Trump’s ‘Beautiful’ Bill Casts a Cloud Over Hydrogen’s Future

before 6 hours & 7 minute

Расширение внешней открытости и углубление обмена и сотрудничества

before 6 hours & 28 minute

Tariffs and Turmoil Undermine Trump's Oil and Gas Promises

before 8 hours & 4 minute

SIBIONICS Hosts the 3rd AGP&DTx Summit Forum: Breakthroughs Ahead

before 9 hours & 11 minute

FT Executive Education Ranking 2025: methodology and key

before 10 hours & 14 minute

Turkcell Achieves a Global First for 5G Infrastructure

before 11 hour & 6 minute

Trump and Xi are likely to talk soon about trade, though no date has been set, Hassett says

before 11 hour & 15 minute

Europe Reconsiders Nuclear Energy Policies

before 12 hour & 5 minute

Celestine Achi Launches Free AI Readiness Assessment Tool and Maturity Framework to Accelerate Africa's AI Adoption in PR, Media, and Communications

before 12 hour & 46 minute

Deepcoin Launches Futuristic Website & App Redesign to Power a High-Performance Trading Experience

before 13 hour & 4 minute