SBI opened its fourth branch exclusively for startups in Mumbai’s BKC area. At the inaugural event, SBI Chairman Dinesh Khara stated that the branch’s key objective is to offer comprehensive assistance to startups throughout their journey, from establishing their business entity to conducting IPOs and FPOs.
SBI opens 3rd specialized Startup branch in Gurugram
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
In addition to providing standard banking services to startups, the branch will also serve as a comprehensive resource for investment banking, treasury/forex, advisory, and other supplementary financial services offered by the bank’s subsidiaries, according to him. Reports suggest that SBI plans to cater not only to startups but also to the needs of private equity (PE), venture capital (VC), and alternative investment funds (AIFs).
Also read:
State Bank of India introduced its first dedicated branch to support start-ups
India has many cities that are famous for their unique industries, and some of them…
Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…
In today’s world, news media plays a very important role in sharing information quickly and…
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…
India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…