SBI opens its fifth specialised start-up branch in Hyderabad

Hyderabad, June 6 (KNN) With a view to boost start-up ventures in the country, the State Bank of India (SBI), opened its fifth specialised start-up branch in Hyderabad.

SBI through its specialised start-up branch aims to offer a comprehensive suite of essential banking services, specifically tailored to meet the unique needs of start-ups, all conveniently available under one roof.

Dinesh Khara, Chairman, SBI inaugurated the branch at Madhapur in Hyderabad. 

Speaking on the occasion, SBI Chairman, said, “The inauguration of our fifth start-up branch in Hyderabad is a reflection of our commitment to support these ventures in driving the nation’s objective of becoming a job creator.”

“These specialized branches cater to the entire spectrum of banking and non-banking needs of start-ups. With a robust financial ecosystem, we anticipate the rise of more Unicorns, symbolising innovation and growth,” he said.  (KNN Bureau)