SBI has launched InCube, a branch fully dedicated to startups.
SBI InCube is currently at Bangalore (Bannerghatta road branch).
“Today India is in the midst of a new revolution propelled by Start-ups. You are disrupting the traditional business processes, redefining rules and transforming the business landscape altogether. Therefore you are effectively creating a new ecosystem which I believe is robust, transformative and filled with Indian entrepreneurial spirit to reach out to the world. Billions of dollars are invested in starts ups globally as it has the potential to substantially alter the course of a country’s economic growth. Digital innovation is the new mantra for success and Govt. has also committed to realize the dream of digital India.
As a Banker to the Digital India, State Bank of India is committed to partner with the start-ups in their growth story and help them in realizing their potential” Arundhati Bhattacharya Chairman, State Bank of India
The Incube branch will offer the following:
- Dedicated Relationship Manager to satisfy all needs of a Start-up, works as a single point of contact, end to end solution for mentoring start-up for regulatory requirement.
- Dedicated Start-up counselling desk for round the clock assistance at SBI Banerghatta branch.
- Cash management solutions that streamline your receivables and payables, minimise risk and help shorten your cash conversion cycle