Question
________ has set up a specialized branch for start-ups
to provide end-to-end support at every stage of their journey, starting from the formation of the entity till their IPOs and FPOs and its 4th branch has been set up in Mumbai.Solution
State Bank of India (SBI) has set up a specialised branch for start-ups to provide end-to-end support at every stage of their journey, starting from the formation of the entity till their IPOs and FPOs.    Apart from regular banking services to start-ups, the branch will also act as a one stop shop in providing investment banking, treasury/forex, advisory and other ancillary financial services through the bank’s subsidiaries. This is the fourth specialised branch of the bank been set up in Mumbai.   Besides start-ups, the bank would also cater to the requirements of private equity (PE), venture capital (VC) and Alternative Investment Funds (AIFs).
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