Which of the following has become the first private sector bank to open dedicated branch for startups

2016

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Axis Bank
B	HDFC Bank
C	Kotak Mahindra Bank
D	RBL Bank

Explanation:

Detailed explanation-1: -SBI launches its first dedicated branch for start-ups in Bengaluru, BFSI News, ET BFSI.

Detailed explanation-2: -RBL became the first private sector bank in India to open dedicated branch for startups. The dedicated branch was inaugurated at Koramangala, Bengaluru by Nandan Nilekani, noted entrepreneur and former chairman of UIDAI. Q. Which bank recently launched ‘SmartUp’, a dedicated banking solution for startups?

Detailed explanation-3: -The first private sector bank in India is Indusland Bank. It was established in 1994 by SP Hinduja, and now it has an excellent banking network with 760 branches in India.

Detailed explanation-4: -Today we inaugurated SBI’s first exclusive branch for startups at Koramangala (in Bengaluru). It is the first in the country to provide financing to support startup growth. Facilitating entrepreneurs all the way to realize their dreams, ” Dr.

Detailed explanation-5: -As of March 2021, with total assets of more than 15 trillion Indian rupees, HDFC Bank is the largest private sector bank in India.

There is 1 question to complete.