Indian Bank launches IND Spring Board to finance start-ups
It is an initiative of Indian Bank and IIT Madras Incubation Cell (IITMIC). It is an initiative for funding start-ups. IITMIC will refer start-ups with proven technology and established cash flows to the bank. The bank, in turn, will extend loans of up to ₹50 crore to these units. This is in collaboration with the … Read more