Stem cell banking is nothing but the extraction, testing, processing and storage of stem cells in liquid nitrogen at one ninety six degrees centigrade, so they may be used when it requires in future  Blood collected from the umbilical cord from new born babies is a rich source of stem cells  These stem cells can be preserved for lifetime as technically they don’t have expiry date  Researchers investigated and proved that they can be stored for about 20 years and they can treat about 70 blood related disorders and genetic disorders including leukaemia, sickle cell anemia and thalassemia  They provide numerous benefits to the baby and the family