24-June-2026
Banking
 
Axis Bank sees over Rs 10,000 crore eligible under ECLGS 5.0
24-Jun-2026

Axis Bank has an eligible credit facility of over Rs 10,000 crore under the Emergency Credit Guarantee Scheme 5.0 for the micro, small, and medium enterprises, a senior official told the media in a round table on Tuesday. “We have invested quite a bit in that. Just to give you a perspective, the opportunity is about Rs 10,000 crores, that is the eligible amount across the companies. I think he would have a larger amount,” said Prashanth T S, group head, mid-corporate & medium enterprises group, Axis Bank.

News Source:- https://www.financialexpress.com/business/banking-finance-axis-bank-sees-over-rs-10000-crore-eligible-under-eclgs-5-0-4274809/