in regard to the margin and type of security required and repayment periods. They could also underwrite capital issues of hotel companies and participate in their new equity issues. Policy declarations on these lines would impart greater confidence to both hoteliers and the subscribing public.
To read the full text Login
New 3 Month Subscription
to Digital Archives at
₹826for India
$50for overseas users
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.