Google News
logo
Daily Current Affairs
IIMK LIVE has entered into MoU with which bank to disburse loans up to Rs 50 crore for startups?
A)
HDFC Bank
B)
Indian Bank
C)
Canara Bank
D)
Union Bank of India

Correct Answer :   Indian Bank


Indian Institute of Management Kozhikode’s (IIMK) Business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) has signed a Memorandum of Understanding (MoU) with the Indian Bank to financially support early-stage startups. Under the MoU, a startup funding scheme, ‘IndSpring Board’ has been launched. Under this scheme loans up to Rs, 50 Crore will be disbursed to the startups.

Published On : January 21, 2022
Advertisement