Indian Startups Should Trust Indian Banking System More, Says MoS IT Rajeev Chandrasekhar Following Silicon Valley Bank Collapse

  • Silicon Valley Bank collapse has prompted MoS IT Rajeev Chandrasekhar to advise Indian startups to trust the Indian banking system more.
  • A joint statement from the treasury department, Federal Reserve, and FDIC has been issued, stating that depositors with Silicon Valley Bank will have access to all of their money starting Monday, March 13.