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Canara Bank Organised Outreach Programme for Startups

K Satyanarayana Raju MD and CEO, Canara Bank_edited.png

News Desk, News Nation 360 : Canara Bank, a leading Public Sector Bank has organised an Outreach programme for Startups on 11.04.2023 in Bengaluru to explore the ways to reach out to Start-ups and to understand the contours of banking relationships to be established with the Start-Up ecosystem to stimulate mutual and inclusive growth in association with IBA. The programme was addressed by eminent speakers, Ravindra Krishnappa, a venture capital professional, Dinesh Goel, a Startup Mentor & Angel investor, Siddhartha Anand, Vice President of Karnataka Digital Economy Mission (KDEM), Prabhleen Kaur from the Department for Promotion of Industry and Internal Trade (DPIIT). Sunitha Prasad, Vice President of the Indian Venture and Alternate Capital Association (IVCA) also graced the occasion. The Outreach programme for startups was coordinated by Canara Bank wherein various start-ups, venture capitals,

investors, Banks and other stakeholders of the start-up ecosystem attended the programme. Ashok Chandra, Executive Director of Canara Bank addressed the startups and highlighted the Banks’ initiatives to support startups. Further, he added the future action plan of the Bank for providing end-to-end solutions to the Startups which includes the creation of dedicated verticals

and specialised Branches for easing the operations of Startups. He emphasized that Indian Startups may diversify their portfolio in light of the recent developments due to the failure of a few Banks in the USA and other countries. Further, he also underlined the robustness of the Banking & financial sector in India.

Pic : Courtesy

Report : Anustup Kundu

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