Tag: svb crisis

Chinese regulators looking for buyer for Silicon Valley Bank's local venture
Posted in China News

Chinese regulators looking for buyer for Silicon Valley Bank’s local venture

Chinese regulators held a meeting with banks to gauge their interest in taking over Silicon Valley Bank’s stake in a local joint venture, Bloomberg News…

Continue Reading
The illuminated logos of the Swiss banks Credit Suisse and UBS in Zurich, Switzerland. (AP)
Posted in Business

Credit Suisse to assess survival options as regulators push for UBS merger

Credit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue…

Continue Reading
Reserve Bank of India (RBI) Governor Shaktikanta Das (PTI)
Posted in Business

RBI governor cautions banks against asset-liability mismatch amid SVB crisis

Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability and hinted that…

Continue Reading
zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

silicon valley: Can the chaos from Silicon Valley Bank’s fall be contained?

Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible? That was one of the growing…

Continue Reading
Modi minister to meet Indian startups affected by Silicon Valley Bank collapse
Posted in Business

Modi minister to meet Indian startups affected by Silicon Valley Bank collapse

Union Minister Rajeev Chandrasekhar will meet this week with Indian startups affected by the abrupt closure of troubled Silicon Valley Bank (SVB) to understand the…

Continue Reading
zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Silicon Valley Bank crisis: Silicon Valley Bank meltdown puts Indian SaaS firms on alert

The crisis at Silicon Valley Bank (SVB) in the US has rattled some Indian investors and founders running SaaS companies with accounts at the lender….

Continue Reading