Centre Modifies ECLGS To Give Civil Aviation Sector Necessary Collateral-Free Liquidity ...Middle East

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Centre Modifies ECLGS To Give Civil Aviation Sector Necessary Collateral-Free Liquidity
New Delhi:  The Centre has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to enhance the maximum loan amount eligibility for airlines under ECLGS 3.0 to 100 per cent of their fund based or non-fund based loan outstanding or Rs 1,500 crore, whichever is lower; and of the above, Rs 500 crore shall be considered, […] The post Centre Modifies ECLGS To Give Civil Aviation Sector Necessary Collateral-Free Liquidity appeared first on Ommcom News.

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