Lenders reject Go First’s pleas for undrawn funds

Lenders reject Go First’s pleas for undrawn funds https://ift.tt/tJlWAS6 First has undrawn limits of about Rs 200 crore under the government’s emergency credit line guarantee scheme (ECLGS), which was introduced to support sectors like travel and tourism that were hit hard by the Covid-19 pandemic disruptions, they said. The banks’ decision not to release more money is likely to further delay any chances of the airline resuming operations.