Given the second wave of Covid has spelled doom for the hotel industry, Pune based Janata Sahakari Bank has come to the rescue of businessmen involved in the hotel business.
The bank is offering loans to the hoteliers at an interest rate of 10 percent. It is worth mentioning that several small businesses are in a serious financial crisis in the wake of the second wave of Covid-19.
“In times of such uncertainty, Janata Sahakari Bank has always stood by its customers. Janata Sahakari Bank is coming up with a unique scheme for small hoteliers”, the official social media handle of the bank tweeted.
The hoteliers are now saying the second Covid wave has done more damage than last year to the tourism industry.
This. Was the need of the hour.The pandemic has devastated many small businesses including the hotel business.The hoteliars are not in a position to repay their debts.There accounts are becoming NPA.Under such circumstances it is a very appreciative step taken by Janata Bank.The CEO and the Board Of Directors are worth a Pat on the back.Such steps should be followed by all the bankers to protect the small and big hoteliars.Well done Janata Bank.
Janata Bank is doing a wonderful job of financial support To hoteliers.
It is true friend in need and is a friend indeed.
My best wishes to all hoteliers and appeal to all owners to avail this credit facility at a very competitive interest rate and get started once again from dynamo of Carona