SpiceJet, IndiGo, Jet Airways stocks gain up to 9% as government raises loan limit
Finance Ministry on Wednesday modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising the loan limit under the scheme to Rs 1,500 crore from Rs 400 crore to help the COVID-hit industry tide over liquidity stress.
Ajay Singh, Chairman and Managing Director, SpiceJet thanked the government for enhancing the ECLGS limit: PTI