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HDFC bank signs MoU with Kerala Startup Mission

Published on December 23, 2022
Current Context: HDFC bank signs Memorandum of Understanding with Kerala Startup Mission to provide banking services to startups.
HDFC bank signs MoU with Kerala Startup Mission
  • HDFC bank is planning to help startups in Kerala by providing financial services through KSUM’s Smart Solution SmartUp.
  • The MoU is signed for a period of 1 year.
  • This is helpful to encourage and support the startup culture in Kerala.
  • This MoU will provide smart financial tools, advisory services, and technology for startups to achieve their goals.
  • KSUM is a program backed by Kerala Government to encourage startup culture in schools.
  • Till July 2022, around 130 startups from Kerala have done products or services through KSUM.
  • It will help me start to meet international clients and know the competition in international markets.

Question:

Q.1 Which bank has tied up with Kerala Startup Mission?
a. South Indian Bank
b. Federal Bank
c. HDFC Bank
d. Axis Bank
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