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Which bank has partnered with IIM Bangalore to provide funding for identified start-ups?
A)
Indian Bank
B)
Canara Bank
C)
State Bank of India
D)
Punjab National Bank

Correct Answer :   Indian Bank


IIM Bangalore incubation hub NSRCEL(N S Raghavan Centre for Entrepreneurial Learning) has signed an agreement with Indian Bank aimed at facilitating funding for identified startups under Indian Bank’s ‘Ind Spring Board’ scheme. The funding will help these start-ups meet their working capital requirements for growth. NSRCEL incubates early-stage companies which demonstrate the potential to innovate, implement and create social/ financial impact. Indian Bank has similar MoUs with IIT Bombay, IIIT Bangalore, and IISc.

Published On : August 10, 2021
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