Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw

Amid US administration’s move to backstop collapsed Silicon Valley Bank’s (SVB) despoits, IT minister Ashwini Vaishnaw has said the developments are “reassuring” and will bring relief to startups. The Biden administration in the US has announced that depositors of the failed Silicon Valley Bank will have access to their money from Monday. Federal regulators have … Read more