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State Bank of India trying to work out way to debt finance start ups

30 Sep 2021 Evaluate

State Bank of India (SBI) is trying to work out a way to debt finance start ups as current rules allow banks to fund only profitable companies. Start ups raise equity fund to run their business and promoters are forced to dilute stake as debt funding is not available for the sector because they are loss making in the initial years.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

SBI Share Price

1101.50 7.40 (0.68%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1101.50
PNB 112.95
Canara Bank 140.90
Bank Of Baroda 274.20
Union Bank Of India 177.00
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