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PSBs disburse Rs 8,320-cr loan to MSMEs under emergency credit line scheme.

NEW DELHI: The Finance Ministry on Sunday said public sector banks have disbursed Rs 8,320 crore till June 5 under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector, hit hard by the coronavirus-induced lockdown.

PSBs have sanctioned loans worth Rs 17,705.64 crore under the 100 per cent ECLGS starting June 1.