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SBI sanctions loans to over 4 lakh MSMEs under credit guarantee scheme

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₹3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector, hit hard by the coronavirus-induced lockdown.On the occasion of International MSME Day, SBI managing director C S Shetty on Friday, addressed MSME customers and employees across the nation through video conference.SME products were highlighted to the customers to increase awareness and enable them to choose the right product for their business, SBI said in a statement.At the national level, the bank has sanctioned loans to over 4 lakh customers under Guaranteed Emergency Credit Line (GECL) facility so far, a senior bank official said.About ₹20,000 crore has been sanctioned to eligible MSME customers under the scheme which was launched on June 1.The scheme will be.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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