ECLGS 5.0 to help SBI open ₹70,000–₹80,000 crore credit line: Chairman CS Setty

In a pivotal stride towards economic recovery, the government has unveiled ECLGS 5.0, aimed at fortifying MSMEs and the airline industry amidst ongoing challenges. With an unprecedented allocation of Rs 2.55 lakh crore in extra credit, State Bank of India is gearing up to contribute around Rs 70,000 crore to Rs 80,000 crore.