DFS modifies Emergency Credit Line Guarantee Scheme (ECLGS) to give Civil Aviation sector necessary collateral-free liquidity at reasonable interest rates to tide over their present cash flow problems

DFS modifies Emergency Credit Line Guarantee Scheme (ECLGS) to give Civil Aviation sector necessary collateral-free liquidity at reasonable interest rates to tide over their present cash flow problems https://www.taxtmi.com/news?id=25845 Modification of the Emergency Credit Line Guarantee Scheme increases collateral free credit availability for the civil aviation sector by raising the ceiling on eligible loans and creating an equity linked tranche; all other operational guidelines, eligibility criteria, terms and conditions under the existing ECLGS framework remain applicable. en-us Thu, 06 Oct 2022 09:49:45 +0530 Thu, 06 Oct 2022 09:49:45 +0530 TaxTMI RSS Generator DFS modifies Emergency Credit Line Guarantee Scheme (ECLGS) to give Civil Aviation sector necessary collateral-free liquidity at reasonable interest rates to tide over their present cash flow problems https://www.taxtmi.com/news?id=25845 Modification of the Emergency Credit Line Guarantee Scheme increases collateral free credit availability for the civil aviation sector by raising the ceiling on eligible loans and creating an equity linked tranche; all other operational guidelines, eligibility criteria, terms and conditions under the existing ECLGS framework remain applicable. News - Thu, 06 Oct 2022 09:49:45 +0530 https://www.taxtmi.com/news?id=25845