Current Affairs - Banking - Discussion

Punjab National Bank (PNB) inaugurated its first startup focused branch in New Delhi to encourage entrepreneurship and innovation. The branch has been set up under the framework of the Startup India initiative, which promotes the growth of startups across the country. This specialised branch aims to offer comprehensive financial solutions, tailored banking facilities, and advisory services for entrepreneurs. By situating it in the national capital, PNB intends to provide easier access to resources, credit, and financial support, strengthening the startup ecosystem and contributing to the growth of emerging businesses in India.