Mumbai: Private and state-owned banks on Wednesday pledged full support towards the effective implementation of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 scheme announced by the Centre earlier this month.
Speaking at a state-level awareness event on the ECLGS 5.0 here, government officials said the scheme, aimed at providing relief to enterprises following the West Asia conflict, will be a key catalyst for the micro, small and medium enterprises in Maharashtra, one of the country's most industrious states.