“IT Innovation Start-up Fund” has been launched by which Indian bank to invest in financial technology startups?

“IT Innovation Start-up Fund” has been launched by which Indian bank to invest in financial technology startups?
[A]ICICI
[B]Bank of India
[C]State Bank of India
[D]HDFC

State Bank of India
The State Bank of India (SBI) has recently launched “IT Innovation Start-up Fund” with a corpus of Rs. 200 crore to empower startups in the financial technology (fintech) space. The fund will consider assistance of up to Rs. 3 crore to an Indian registered company for promoting their business innovations using IT in India for banking and related technology.

Originally written on June 19, 2016 and last modified on June 19, 2016.

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