Indian Bank & SRM University-AP signs MoU to lend ~Rs 50 crore for start-upsIndian Bank has signed a Memorandum of Understanding(MoU) with the SRM University, Andhra Pradesh(AP) to Lend up to 50 Crores for Start-ups incubated at Hatchlab Research Centre, Technology Business Incubator(TBI) of SRM University-AP.
- 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.
- This one of its kind collaboration in AP will further strengthen the Micro, Small and Medium Enterprises (MSME)