All Strange Things About India and world
“SVB resolution is reassuring. (It) will bring relief to startups,” Ashwini Vaishnaw told.New Delhi: Amid US administration’s move to protect depositors of Silicon Valley Bank, IT Minister Ashwini Vaishnaw on…
SVB was deeply entrenched in the tech startup ecosystemNew Delhi: Apex IT industry body Nasscom on Monday said the US administration’s stance on protecting depositors of Silicon Valley Bank that…
Indian banks’ large reliance on local deposits cushions them as global peers are facing potential contagion from the woes emanating from Silicon Valley Bank, according to Macquarie Group Ltd.Amid all…
Silicon Valley Bank (SVB) will allow customers to access depositsNew Delhi: The Silicon Valley Bank, a key lender to US startups since the 1980s, which collapsed on Friday last, will…
There were no scenes of panic at two SVC branches in Mumbai suburbs that Reuters visited.MUMBAI: A little-known Indian bank moved to assure depositors their money is safe after the…
State regulators closed New York-based Signature Bank on Sunday. (File)Cryptocurrency firm Circle’s boss on Sunday said the firm would no longer be able to process minting and redemption through Signature…
London: The UK arm of failed US lender Silicon Valley Bank has been sold to HSBC for a nominal £1 ($1.2) in a rescue deal, the government and HSBC announced…
Nazara Technologies said that two of its subsidiaries have cash balances worth $7.75 million in SVB.New Delhi: Gaming and sports media platform Nazara Technologies witnessed a drop in its shares…
SVB is the biggest bank to fail since September 2008.Houston: Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa…
India’s state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank’s collapse, as concerns rise about the…