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Banking - General Knowledge Questions
State Bank of India has launched its first dedicated branch for Startups in which city?
A)
Mumbai
B)
Bengaluru
C)
Delhi
D)
Hyderabad

Correct Answer :   Bengaluru

State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru, the country’s largest lender said on Tuesday(16th August 2022).
 
Apart from providing funding and regular banking service to start-ups, SBI will also support such players through associated services such as investment banking, treasury operations, advisory and other ancillary financial services through its subsidiaries.
 
The branch will provide services ranging from the stage of formation of start-ups to Initial Public Offerings and Follow-on Public Offerings, SBI said..

Source : Business Standard

Published On : August 18, 2022
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