SBI launches India's 1st startup-focused branch

The State Bank of India (SBI) on Thursday launched the country’s first startup-focused bank branch, SBI InCube, in Bengaluru. The branch will give startups financial management advice, but will not provide them with loans. Further, SBI has launched its wealth management service, SBI Exclusif, aimed at taking care of all the banking needs of its fast-growing affluent customers.

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