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Indian Bank partnered with Chennai Angels

Published on April 25, 2021
Current Context: The Indian Bank collaborated with The Chennai Angels to grant support to the startups.
Indian Bank partnered with Chennai Angels
  • They have collaborated on the project titled ‘IND Spring Board’ of Indian Bank.
  • They will support the startups in expanding their commercial production.
  • Under this program, credit support of upto Rs 50 crore will be provided by Indian Bank.
  • The startups will also be supported with term loan requirements for acquiring fixed assets for their unit.
  • Static Part: 
    • HQ of Indian Bank: Chennai, TN
    • Tagline of Indian Bank: Your Own Bank

Question: 

Q.1 Which bank partnered with The Chennai Angels to support the startup ecosystem?
a. Andhra Bank
b. Punjab National Bank
c. Indian Bank
d. State Bank of India
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