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MSME Lending

Rajnish Kumar, SBI, COVID-19, SMEStreet.in Banking & Finance

SBI Leads Emergency Credit Line Guarantee Scheme in the race of MSME Lending

The bank has cumulatively disbursed loans to the tune of Rs 7,516.64 crore to 66,335 corporate accounts across the country upto June 9. The loans have been disbursed under the the Rs 3 lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) announced by the government for meeting the liquidity needs of the MSME sector in the present crisis.

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