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What is the impact of the bankruptcy of America’s Silicon Valley Bank on India?

What is the impact of the bankruptcy of America’s Silicon Valley Bank on India?

Before last week, very few people in India might have heard the name of America’s Silicon Valley Bank (SVB).

This bank, famous among start-ups, has been shut down by US regulatory bodies. Indian start-up companies were also among those who were troubled by this. Companies were worried about how their expenses would go, how they would be able to pay salaries to their employees.

Video: Sarika Singh and Manish Jalui

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Written by Press24 News

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