Bank of Maharashtra inaugurates its first dedicated Branch for Start-ups at Pune

Daily Current Affairs / Bank of Maharashtra inaugurates its first dedicated Branch for Start-ups at Pune

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Category : Business and economics Published on: April 04 2023

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Bank of Maharashtra (BoM), a premier public sector bank in the country, has inaugurated its first dedicated Branch for start-ups at Pune.
The branch is located at Fergusson College Road.
The dedicated branch will provide all kinds of support to a startup during its growth journey.
The bank also signed a memorandum of understanding (MoU) with Small Industries Development Bank of India (SIDBI) venture capital for financing of startups.
Recently, State Bank of India (SBI) launched its third startup-focused branch in Gurugram. Earlier, it had launched similar branches in Mumbai and Bengaluru.