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The Indian travel and hospitality industries owes Indian banks ₹48,687 crore as of October 2021 as against ₹41,373.14 crore two years ago.

To explain the woes of the travel and hospitality industry, a quick search on SMERGERS showed that over 1,017 companies were listed in the travel, hotel, and restaurant industry segment. SMERGERS is a portal that facilitates sales or investments.

Read the complete article on Hindu Business Line

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