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'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'
Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on track to add over 500 branches by FY27, recognizing the importance of physical presence for reaching underserved MSME clients. Axis Bank's MSME portfolio, already substantial at ₹3 lakh crore, continues its robust growth, demonstrating a strong market presence.
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thehindubusinessline.com
Axis Bank anticipates a ₹10,000 cr portfolio expansion under ECLGS 5.0
Axis Bank anticipates a ₹10,000 crore portfolio expansion under ECLGS, driven by rising credit demand from MSMEs.
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economictimes.indiatimes.com
'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'
Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on track to add over 500 branches by FY27,…