← Latest news 
ECLGS 5 0 set for SBI credit line up to 80000 crore to revive MSMEs
Economy
Published on 7 May 2026
SBI may fund most of ECLGS 5 0 extra credit
The government has launched ECLGS 5.0 to support MSMEs and the airline sector, providing extra credit of Rs 2.55 lakh crore. State Bank of India is expected to play a major role, with Chairman CS Setty indicating SBI could contribute roughly Rs 70,000 crore to Rs 80,000 crore, aiming to accelerate recovery and sustained lending.
- ECLGS 5 0 targets MSMEs and airlines to boost recovery
- Extra credit allocation totals Rs 2 55 lakh crore
- SBI plans contributions estimated between Rs 70,000 crore and Rs 80,000 crore
- Chairman CS Setty outlines SBI’s role in expanding credit
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times