Which bank became the first private sector bank in India to open dedicated branch for startups?

ICICI bank

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HDFC bank

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Karur Vysya bank

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HSBC bank

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RBL bank

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Solution

The correct option is E
RBL bank

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.

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Which bank recently launched 'SmartUp', a dedicated banking solution for startups?

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