₹17,705.64 crore under the 100% emergency credit line guarantee scheme, out of which ₹8320.24 crore have been disbursed," the tweet saidState Bank of India (SBI) sanctioned Rs11,701 crore, out of which Rs6,084 crore has been disbursed.
Credit disbursal for Punjab National Bank was relatively low. The lender sanctioned Rs1,295 crore bit only Rs243 crore has been disbursed, data shared by the finance ministry showed.
Bank of Baroda disbursed over 28% of ₹794 crore sanctioned.The highest credit disbursal was in Tamil Nadu at Rs1,325 crore, followed by Uttar Pradesh, Maharashtra and Telegana.ECLGS was announced as a part of the government’s Rs20 trillion financial package to help the poor and small businesses tide over the covid-19 crisis.