- Under this partnership, ICICI Bank will motivate various Start-ups and SMEs or MSMEs to enrol themselves with an aim to get support and financial facilities to/from HDFC Bank.
- For this purpose, both HDFC Bank and ICICI Bank will conduct awareness camps, interactive sessions, seminars and business events.
- Under this partnership, HDFC Bank will offer the facility of bank accounts to startups which are supported by ‘Inventivepreneur’.
- It will also offer business support in the form of shared workplaces, digital marketing, web services, patent filing, content writing, tax and other legal advisory support to the start-ups and SMEs which are recommended by ICICI Bank.
- ICICI Bank will evaluate and analyze the performance of SMEs and Start-ups.
- It will also support them to find business solutions and industry connections.
- Static Part:
- HQ of HDFC Bank and ICICI Bank: Mumbai
- MD and CEO of HDFC Bank: Sashidhar Jagdhishan
- MD and CEO of ICICI Bank: Sandeep Bakhshi
Question:
Q.1 Which of the two banks partnered to support SMEs and Star-ups in India?
a. Axis Bank and Kotak Mahindra Bank
b. IDBI Bank and Yes Bank
c. HDFC Bank and ICICI Bank
d. Bandhan Bank and SBI
a. Axis Bank and Kotak Mahindra Bank
b. IDBI Bank and Yes Bank
c. HDFC Bank and ICICI Bank
d. Bandhan Bank and SBI
