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Representative image (PTI photo) NEW DELHI: The number of days taken for finalisation of the insolvency resolution plan has dropped from 752 days at the end of the March quarter

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SBI plans to support startups post-Series B

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SBI plans to support startups post-Series B

MUMBAI: SBI chairman C S Setty said most banks don’t have the risk appetite to fund startups at an early stage. Nevertheless, he indicated the bank’s readiness to participate in funding from the Series B stage and beyond. “We need to work out an ecosystem where the equity support from the banking system is also available to the startups,” Setty said at an event on Tuesday.





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