Department Of Financial Services

Finance Ministry And RBI Officials To Discuss Impact Of Global Crisis On Start-Ups

03/04/2023

Top officials from the Ministry of Finance and the Reserve Bank of India will testify before a parliamentary panel on April 3 to discuss the impact of the global financial crisis on India's start-up ecosystem, following the collapse of Silicon Valley Bank,...

Federal Reserve To Review Its Supervision of Silicon Valley Bank

14/03/2023

Regulators closed the Silicon Valley Bank on Friday after depositors rushed to withdraw their funds all at once. The only larger failure in U.S. banking history was the 2008 collapse of Washington Mutual