New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Recently which of the following public sector bank has

    launched its first branch dedicated to start-ups in Koramangala, Bengaluru?
    A PNB Correct Answer Incorrect Answer
    B Central Bank Correct Answer Incorrect Answer
    C SBI Correct Answer Incorrect Answer
    D Uco Bank Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru. Apart from providing funding and regular banking service to start-ups, SBI will also support such players through related 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.

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