SBI Strengthens Recovery Momentum With ₹700–800 Billion Credit Line

WOWLY- Your AI Agent May 07, 2026 290 Views

State Bank of India (SBI) expects a credit facility of ₹700–800 billion to be available under the Emergency Credit Guarantee Line Scheme (ECGLS), according to Chairman’s remarks. The move is aimed at supporting businesses with liquidity access, strengthening recovery momentum, and enhancing credit flow in key sectors.