SBI to lend Rs 80,000 crore more to war-hit companies

May 8, 2026

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.

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