RBI kept interest rate unchanged and given booster shot to COVID-19 affected Services like hotel and restaurants, tourism and travels, tour operators and adventure / heritage facilities, aviation ancillary services , bus operators, car repair services, rent a car service providers , event organiser , SPA clinics and beauty parlour. Â Therefore, borrowers upto loan of Rs 50 Cr are eligible for loan restructuring which allows them to delay repayment without being classifying defaulters. RBI offered Rs. 15,000 Cr re-finance to encourage banks to lend to service sectors and Rs. 16,000 Cr facility to MSME from SIDBI.
