Distressed deals in hospitality biz on the rise - Livemint 09-Jul-2020

Distressed deals in hospitality biz on the rise - Livemint


Industry officials say the situation will likely worsen post 31 August when the RBI’s six-month loan moratorium on interest and principal repayment ends.Consultants believe loan defaults in the sector post August could rise as high as 50% of the total outstan…

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