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RBL becomes first private sector bank to open dedicated branch for startups

RBL becomes first private sector bank to open dedicated branch for startups
20 April 2016 Current Affairs: The RBL Bank (formerly Ratnakar Bank) 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.The first exclusive bank branch for start-ups will offer a bouquet of banking products to service the end-to-end needs of the emerging entrepreneurial eco-system. The branch will assist entrepreneurs in setting up new enterprises or companies. It will offer them host of banking products including, foreign exchange services, remittances and cash management. The Branch will also provide a range of value added services including legal and tax formalities, registration etc. through its affiliates and partners.

RBL Bank : The RBL Bank is a scheduled commercial bank headquartered in the Kolhapur, Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India. The Bank currently services approximately 1 million customers and has a total business size of over 20,000 Crore rupees.


February 2017 Current affairs
27 FEB
NEWS
25 FEB
NEWS
24 FEB
NEWS
23 FEB
NEWS
22 FEB
NEWS
21 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
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28 JAN
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27 JAN
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25 JAN
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24 JAN
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December 2016 Current affairs
31 DEC
NEWS
30 DEC
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29 DEC
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28 DEC
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27 DEC
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November 2016 Current affairs
30 NOV
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October 2016 Current affairs
31 OCT
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