Indian Bank opens special startup cells

Chennai: Public sector Indian Bank on Wednesday said it has set up 10 startup cells across different centres in the country to serve its specialised banking requirements. Accordingly, the startup cells have been set up in Ahmedabad, Bengaluru, Coimbatore, Chennai, New Delhi, Gurgaon, Guwahati, Hyderabad, Kanpur and Mumbai. Under the initiative, the Chennai-based public sector bank said a bouquet of tailor-made banking products and services were designed for the startups keeping in mind their unique and specialised banking requirements. It includes offering payment gateways, corporate credit cards and credit facilities apart from the existing products of the bank, a press release said.