State Bank Of India

State Bank of India (SBI) has launched its first ‘state-of-the-art’ dedicated branch in Koramangala in Bengaluru for start-ups to facilitate and support them. The bank has already funded 104 start-ups through the debt route.

This branch would act as a hub with various stakeholders assisting in providing solutions acting as spokes and supporting the hub branch in enabling the start-ups to avail end-to-end financial and advisory services. In coming six months, the bank is also planning to open new branch in Gurgaon and Hyderabad to help new start-ups.

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.