SVB like collapse unlikely to occur in India as banking system robust: Anand Rathi report
A shock similar to one experienced by Silicon Valley Bank (SVB) is unlikely to occur in India owing to stringent regulation, supervision and accounting requirements for Indian banks, brokerage firm Anand Rathi said in a note. “Unlike in the United States, Indian banks must make provision for all unrealized marked-to-market losses outside their held-to-maturity (HTM) … Read more