Following the footsteps of Prime Minister Narendra Modi’s start-up Action Plan that the government launched on January 16, and to fuel the entrepreneurship spirit of the country, one of India’s fastest growing private sector banks, RBL Bank, has initiated an ‘India start-up Club (ISC)’ for start-ups by offering services that are convenient and simple, informed a senior official.
“The launch of India Start-up Club has been strategically scheduled to coincide with the start-up initiative launched by PM Narendra Modi,” said Rana Vikram Anand, Head – Segments & Products, Business and Branch Banking at RBL Bank.
The program aims to cater to end-to-end banking services of the emerging entrepreneurial community by building a robust ecosystem for them.
“ISC’s banking services include business account, trade and foreign exchange service, transaction banking solution i.e., API banking for managing various payment and receivable needs, salary account and payroll management solution & personal banking solutions,” said the bank in a press release.
According to Anand: “ISC will offer a series of personalised banking services, financial tools as well as resources and planning solutions. The start-ups can flourish and grow their business by availing to multiple options including both banking and non-banking solutions.”
RBL’s non-banking solutions include enterprise registration services (online CA), office space / meeting room services, human resource management system, social media marketing and branding and customer relationship management.