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Indian Bank inks MoU with SRM University-AP to lend up to 50 crores for start-ups

Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch 'IND Spring Board', an initiative for financing start-ups and MSMEs. The bank will extend loans of up to Rs 50 crore to start-ups incubated at SRM Hatchlab for their working capital requirements or purchase of machinery and equipment. This collaboration is one of its kind in the state of Andhra Pradesh.
Udayan Bakshi C Jagan Mohan Rao Jaya Prakash Narayana Hatchlab Research Centre University Registrar Drr Premkumar Indian Bank

Indian Bank Inks MoU with SRM University-AP to Lend up to 50 Crores for Start-ups

Andhra Pradesh, India NewsVoir Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch IND Spring Board, an initiative for financing start-ups and MSMEs. The bank will extend loans of up to Rs. 50 crore to start-ups incubated at SRM Hatchlab for their working capital requirements or purchase of machinery and equipment.
Udayan Bakshi Jaya Prakash Narayana Hatchlab Research Centre Tech Lab Research Clan Hatchlab Research Centre Sri Cjagan Mohan Rao

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Indian Bank partners with SID for extending credit facility to startups & MSMEs

(MENAFN - KNN India) Indian Bank partners with SID for extending credit facility to startups & MSMEs New Delhi, Feb 20 (KNN) Indian Bank has entered into Mutual of Understanding (MoU) with Society for Innovation and Development (SID) for extending exclusive credit facility to start-ups and MSMEs. As per the MoU, SID will identify the start-ups and MSMEs based on their credentials and past experience and will refer to the list of such members who require financial assistance to the Bank. The...
New Delhi P Lakshmi Narayana Prathap Murthy Society For Innovation India Indian Bank Technology Innovation For Midsized Enterprises
Source: menafn.com

Indian Bank signs MoU with IISc initiative to fund start-ups, MSMEs

Read more about Indian Bank signs MoU with IISc initiative to fund start-ups, MSMEs on Business Standard. State-owned Indian Bank onFriday said it has entered into an MOU with Society for Innovation and Development (SID), an initiative of Indian Institute of Science, for extending exclusive credit facility to Start-ups and MSMEs.This initiative is
Society For Innovation Indian Institute Of Science Technology Innovation For Midsized Enterprises Indian Bank On State Owned Indian Bank Indian Institute

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