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Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

RBI | RBI monetary policy | Markets

Nikita Vashisht  |  New Delhi 

File photo of an airport
As per industry body CAPA, Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal

The Reserve Bank of India (RBI), on Friday, announced a Rs 15,000-crore liquidity window for sectors hit hard by the Covid-19 pandemic, especially in the second wave, including travel, tourism, hotel, aviation, and salons. The move, analysts say, could be the first among the many steps that the central bank may announce.



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First Published: Fri, June 04 2021. 13:56 IST