Search For "silicon valley bank"
Developments in US banking system drives home importance of prudent asset-
Updated : 2 years, 12 months ago IST
Reserve Bank of India governor Shaktikanta Das, referring to the Silicon Valley Bank shutdown and its aftereffects, has said the developments in the US banking system have brought to the fore the criticality of banking sector regulation and supervision.
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Indian stocks close week in green; Focus now on US monetary policy next we
Updated : 2 years, 12 months ago IST
Benchmark stock indices in India settled in the green on Friday, tracking positive cues from overseas markets which improved after the recent slump -- following the collapse of Silicon Valley Bank and aftereffects on some other banks.
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Startups should opt Indian banks as preferred partners: MoS Chandrasekhar
Updated : 2 years, 12 months ago IST
Emphasising that the Indian banking system is resilient and strong amid the Silicon Valley Bank-led crisis in the US banking system and contagion effect on some others in a matter of less than a week, Union minister Rajeev Chandrasekhar has said startups should opt Indian banks as their p
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Sensex goes through volatility to settle in green, snaps 5-day losing run
Updated : 3 years ago IST
BSE Sensex, after a lot of volatility, went up 78 points to finally settle at 57,634.84 while NSE Nifty lost 13 points at 16,985.60 and ended below 17,000 level
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HSBC offers Gift City option to Indian startups looking to transfer funds
Updated : 3 years ago IST
On Monday, the UK arm of failed Silicon Valley Bank was bought by HSBC Holdings plc for just 1 pound (USD 1.21)
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Big Eyes Coin hits USD 31.5 million; Polkadot, Avalanche price shoots up
Updated : 3 years ago IST
New Delhi [India], March 15 (ANI/ATK): Big Eyes Coin (BIG) is aiming for the moon in its presale as it continues to win over a lot of crypto enthusiasts, especially with its new vault pin offer. Meanwhile, a lot of the altcoins in the market, such as Polkadot (DOT) and Avalanche (AVAX), are
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Unrestricted access given to subsidiaries to cash held at crisis-hit SVB:
Updated : 3 years ago IST
Listed mobile gaming company Nazara Technologies on Wednesday said two of its step-down subsidiaries Kiddopia Inc and Mediawrkz Inc have been given unrestricted access to the entire amount of Rs 64 crore that was held at failed Silicon Valley Bank.
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Banking system remains resilient, solid: US Fed governer Michelle Bowman a
Updated : 3 years ago IST
Last Friday, Silicon Valley Bank was collapsed while on Sunday, Signature Bank too had to be closed.
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Loylty Rewardz confirms SVB is not a current investor in the company
Updated : 3 years ago IST
Mumbai (Maharashtra) [India], March 14 (ANI/BusinessWire India): Recent news articles suggest that Silicon Valley Bank is still an investor in Loylty Rewardz Mngt Pvt Ltd among other Indian start-ups. Loylty has refuted this information stating it as outdated and inaccurate. According to Loy
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Decline in Indian stocks continue on US banking sector crisis contagion
Updated : 3 years ago IST
Stock indices in India continue to decline, pulled down by a sharp dip in almost all sectoral indices, particularly the PSU bank following the collapse of two US banks in a matter of two-to-three days.
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Fed's Vice Chair for Supervision Michael Barr to lead review of failed Sil
Updated : 3 years ago IST
The Federal Reserve Board on Monday (local time) announced that Vice Chair for Supervision Michael S Barr is leading a review of the supervision and regulation of failed Silicon Valley Bank.
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President Biden says American banking system remains safe following collap
Updated : 3 years ago IST
"Small businesses across the country that had accounts at Silicon Valley Bank and Signature Bank can breathe easier knowing they'll be able to pay their workers. It won't cost taxpayers a dime. This is paid for with the fees that banks pay into Deposit Insurance Fund," said Biden.
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