Tag: Bank
Silicon Valley Bank: Silicon Valley Bank’s collapse chills startup funding
Jonathan Nelson had lined up commitments for $2 million in new funding for his financial technology startup, HF.Capital, from two investors last month. He was…
RBI MPC: RBI likely to pause interest rate hike in April policy meet: SBI Research
The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the…
India’s forex jumps $12.8 billion to six-week high of $572.801 billion
India‘s foreign exchange stockpile has jumped $12.8 billion in the week ending March 17, its biggest jump in four-and-a-half months due to revaluation of gold…
india forex reserve: India’s forex reserves rise $12.8 billion to 6-week high of $572.8 billion
India’s foreign exchange reserves rose $12.8 billion to $572.8 billion as on March 17, 2023, Reserve Bank of India (RBI) data showed on Friday. This…
svb: SVB’s climate tech clients face humbling funding questions
For years Silicon Valley Bank was a lender of choice for climate technology startups keen to tap specialised support for early-stage companies. Post its collapse,…
SVB collapse: ‘A huge disruption’: Startups worldwide gird for life after SVB
Quang Hoang, the co-founder of a startup called Birdly Inc., spent his Monday refreshing the website of Silicon Valley Bank every hour. His San Francisco-based…
svb: SVB in talks to sell itself, as crisis triggers global banking rout
SVB Financial Group‘s efforts to raise money have failed and the troubled bank was in talks to sell itself, CNBC reported on Friday, as a…
forex reserves: India’s forex reserves increase, snapping four-week losing streak
India‘s foreign exchange reserves rose for the first time in five weeks and stood at $562.40 billion as of the week ended March 3, the…
forex reserves: India’s forex reserves fall for fourth week in a row, at 3-month low
India’s forex reserves slid by $325 million to $560.94 billion for the week ended February 24, data from the Reserve Bank of India (RBI) showed…
All ministries, departments to be on E-bill platform by March 2024
The government will bring all the central ministries and departments on the e-Bill platform before March 2024 to help ensure timely clearance of bills submitted…