SVB collapse, wider fallout unlikely

Posted bypremiumdevshinePosted inAll, Editorials

UPSC Practice recommends SVB collapse, wider fallout unlikely.

The startup ecosystem will have to evolve coping mechanisms after the dust settles. SVB had an overwhelming share of uninsured deposits, and startups will gain from diversifying their banking requirements even before acquiring scale.

Courtesy: ET Editorial-Opinion-Economic Times

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