The School of Tropical Medicine in Kolkata has started the first government-run stem cell preservation centre of the state, officials said.
The cord blood bank would function according to central and state government's policies, rules and guidelines.
The umbilical cord blood of newborns that contain stem cells can be stored in the bank.
"The preserved stem cells can be used in future for treatment of the child or when he becomes an adult in case of congenital and genetic problems and also for tackling number of complicated diseases which cannot be healed by ordinary treatment," officials added.