MoS Rajeev Chandrasekhar to meet Indian startups to discuss Silicon Valley Bank crisis

Mar 12, 2023

Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how...

SVB bankruptcy created 'major crisis' in tech industry, says Israel's PM Netanyahu

Mar 12, 2023

The SVB collapse has sent ripples across the tech industry in the United States, the United Kingdom and other countries, including Israel, where the...

Amid SVB-led crisis, India plans to onshore innovations to Gujarat's GIFT City

Mar 21, 2023

As Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of just a week arose,...

Startups should opt Indian banks as preferred partners: MoS Chandrasekhar amid SVB-led crisis

Mar 17, 2023

Emphasising that the Indian banking system is resilient and strong amid the Silicon Valley Bank-led crisis in the US banking system and contagion effect...

Unrestricted access given to subsidiaries to cash held at crisis-hit SVB: Nazara Technologies

Mar 15, 2023

Listed mobile gaming company Nazara Technologies on Wednesday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc have been given unrestricted access...

US regulatory system 'failed' to prevent SVB collapse: Fed official

Mar 29, 2023

"I think that anytime you have a bank failure like this, bank management clearly failed, supervisors failed and our regulatory system failed," the Fed's...