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Detailed explanation-1: -The country’s largest lender, State Bank of India (SBI) has launched its first branch dedicated to start-ups in Koramangala, Bengaluru.

Detailed explanation-2: -UPSC Mains Q. Which Indian bank has opened India’s first dedicated branch for start-ups? Notes: State Bank of India has opened India’s first dedicated branch for start-ups.

Detailed explanation-3: -State Bank of India (SBI) on Tuesday announced the launch of its first “state-of-the-art” dedicated branch for start-ups in the country here, to facilitate and support them.

Detailed explanation-4: -The branch launched by SBI chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city.

Detailed explanation-5: -The State Bank of India (SBI Bank) was established in 1806, in Kolkata. Three years after that, it acquired its charter and was re-designed as Bank of Bengal in 1809. It was the very first joint-stock bank of India, which the Bengal Government sponsored.