Collapse of Silicon Valley Bank: An opportunity for IFSC, GIFT City?

Collapse of Silicon Valley Bank: An opportunity for IFSC, GIFT City?

Silicon Valley Bank, (SVB), one of the most prominent banks in the US, proudly tweeted on March 7, 2023, that Forbes has awarded/recognised them as “one of the best banks in America”. However, just three days later, on March 10, 2023, SVB suffered a massive collapse, the brevity of which has been compared to the … Read more