SBI actively investing in startup-focused funds to strengthen MSME ecosystem, says MD Ravi Ranjan is drawing significant interest across the industry.
MUMBAI, Feb 21: State Bank of India (SBI) is actively investing in startup-focused funds and financial market infrastructure through direct equity participation as part of its MSME strategy, a top official said on Saturday. “We have been actively investing in startup-focused funds and financial market infrastructure through direct equity participation and schemes like Startup India, and banks in startup-intensive branches and business centres,” SBI managing director Ravi Ranjan said while addressing the ‘India by MSME’ event of UGRO Capital in […]
Experts suggest this could influence future trends and innovation in the sector.
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