Friday, April 19, 2024
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Sillicon Valley Bank

In the last few years, it is understood that three to four hundred highly successful Indian startups have moved to the US

The American bank worked on a model that was favourable for fast-paced start-ups. If the Indian banking sector can emulate that model, while retaining its cautious approach towards lending, it can keep local start-ups insulated from upheavals like the one at...

California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on Friday by the California Department of Financial Protection and Innovation which later appointed the Federal Deposit Insurance Corporation (FDIC) as its...