SBI launches first branch dedicated to start-ups

SBI will soon open up its first premium dedicated branch for start-ups in the country in Bengaluru. The bank while making the announcement said that the new branch will facilitate and support start-up companies in the city.

SBI Chairman, Dinesh Khara, launched the branch which is located in Koramangala near HSR Layout and Indiranagar which are the biggest start-up hubs in the city.

The new branch will act as a hub with several stakeholders assisting in providing solutions acting as spokes and supporting the hub branch in enabling the startups to avail themselves of end-to-end financial and advisory services.