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Startups with ‘strong fundamentals’ will survive in India: Vinod...
With Indian startups facing trying times amidst funding crunch and mass firings, ace Indian-origin venture capitalist Vinod Khosla says the ones with...
First Citizens Bank reaches deal to purchase Silicon Valley Bank
The US Federal Deposit Insurance Corporation (FDIC) has announced that First Citizens Bank and Trust Company of Raleigh, North Carolina entered a...
India can survive global recession if pushed into by US banking
The recent developments indicate that all is not well in the United States, the world's largest economy
Over $200 million already moved to GIFT City banks: Rajeev...
Indian startups have already moved over $200 million to banks in GIFT City, a financial hub in Gujarat with easier compliance norms, in the wake of...
US banking crisis isn’t over as it goes beyond SVB and Signature...
SVB and Signature complied with regulatory requirements but the composition of their assets was not in line with industry averages
Moody's warns of more pain ahead for US banking system
Ratings giant Moody's has warned of more pain ahead for the US banking system after a run on deposits led to the collapse of Silicon Valley Bank, BBC...
Protection of Indian startups must be paramount post-SVB fall
Crisis at the Silicon Valley Bank (SVB) has brought in more bad news for the Indian startup ecosystem. Funding winter amid slowdown fears has already...
Conducting business as usual: New SVB CEO
Mayopoulos said that new deposits, as well as existing ones, are protected by the FDIC in the new bank called Silicon Valley Bank