Tag: trivandrum hotels

SKHF seeks extension of moratorium on bank loans, payment of electricity charges as per actual usage

The South Kerala Hoteliers’ Forum (SKHF) has written to chief minister Pinarayi Vijayan urging him to request the concerned authorities to extend the moratorium on bank loans to a period of 12 months from March this year. RBI had granted moratorium for only a period of three months. Interest during the period should also be waived off, SKHF stated in the letter. These benefits should be made available to all accounts irrespective of whether the account is regular or whether instalments are overdue for payment, as of February this year. According to the directive issued by RBI, such overdue accounts ... Read more