GK and monthly revision

'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'

Axis Bank plans to disburse over ₹10,000 crore in MSME loans under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, highlighting its commitment to support the micro, small, and medium enterprises sector. The bank aims to enhance its reach by adding over 500 branches by FY27, which is crucial for serving underserved MSME clients. With an existing MSME portfolio of ₹3 lakh crore, Axis Bank showcases its strong market position and growth potential in the financial sector.