Rs 79,000 crore sanctioned by banks under Emergency Credit Line Guarantee Scheme
Shortpedia
Content Team
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Public and Private Sectors Banks have so far sanctioned loans worth over Rs 79,000 crore under the Emergency Credit Line scheme as of June 20, 2020, the Finance Ministry said. Of the aforesaid amount, more than Rs 35,000 crore has already been disbursed. This has helped 19 lakh MSMEs and other businesses restart their businesses post the lockdown, it added. The top lenders under the Scheme are SBI, HDFC Bank, Bank of Baroda, PNB.
