Indian Startups Have Deposits of About $1 Billion in Silicon Valley Bank: MoS IT Rajeev Chandrasekhar
Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley Bank and the country’s deputy IT minister said he had suggested that local banks lend more to them going ahead. California banking regulators shut down Silicon Valley Bank (SVB) on March 10 after a run on the lender, which … Read more