CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank opened its fourth startup branch in Mumbai’s BKC?
A
RBI
B
SBI
C
PNB
D
ICICI
Explanation: 

Detailed explanation-1: -SBI opened its fourth branch exclusively for startups in Mumbai’s BKC area. At the inaugural event, SBI Chairman Dinesh Khara stated that the branch’s key objective is to offer comprehensive assistance to startups throughout their journey, from establishing their business entity to conducting IPOs and FPOs.

Detailed explanation-2: -State Bank of India (SBI) on Monday opened a specialised branch for start-ups at Bandra Kurla Complex in Mumbai. The branch will provide all banking services required by start-ups under one roof. With the opening of this specialised branch, India’s largest bank now has four such branches.

Detailed explanation-3: -State Bank Of India has 450 branches in Mumbai district of Maharashtra. How to search State Bank Of India branches in Mumbai?

Detailed explanation-4: -Karnataka Digital Economy Mission (KDEM) and State Bank of India Friday signed a Memorandum of Understanding (MoU), which enables SBI to open its country’s first dedicated branch for startups (SBI Startup Hub branch) in Koramangala. The branch will be inaugurated in August.

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