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.