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HDFC Bank Plans Expansion of SmartUp Zones in Bengaluru
November 03, 2017
Following in the footsteps of State Bank of India and RBL Bank, private sector HDFC Bank is planning to expand its SmartUp zones in India’s IT hub Bengaluru. This comes in, after one year since the bank rolled out dedicated zones for the startups as SmartUp zones.
HDFC said that more than 35% of the startup accounts opened after the launch of SmartUp zones are based in Bengaluru.
SmartUp zones are exclusive areas in HDFC branches that are dedicated to start-ups and aim to provide them the best-in-class collaboration services and specific products for their growth.