Hospitality Sector
Double Bonanza For India’s Hotel Sector
Submitted by Mandeep Singh on Thu, 09/17/2009 - 07:27Taking a step forward to cheer-up the hospitality sector, the RBI (Reserve Bank of India) came up with an order, which will help hotels to come out of the high risk category of real estate exposure.
This will guaratee that banks will provide loans to companies at lower rates of interest.
