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How resilient are Indian lenders amid a global banking turmoil?

Finance

20 March, 2023

How resilient are Indian lenders amid a global banking turmoil?

Turbulence in the United States and the European banking sectors has prompted Indian policymakers to assure investors that the domestic ......

Hedge funds, big investors brace for more turmoil as banking drama unfolds

Finance

20 March, 2023

Hedge funds, big investors brace for more turmoil as banking drama unfolds

Hedge funds managers and other large investors believe it is far too soon to call an all-clear on turmoil in ......

Indian startups have deposits of about $1 bn in SVB, says minister

Finance

17 March, 2023

Indian startups have deposits of about $1 bn in SVB, says minister

Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country's deputy IT minister said ......

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Finance

16 March, 2023

SVB fallout to weigh on banks, PE firms turning to peers for debt: Bain Capital's Connaughton

Bain Capital's co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial Group's collapse will weigh ......

SVB collapse may shift eyes towards SoftBank investments

Finance

15 March, 2023

SVB collapse may shift eyes towards SoftBank investments

The spectacular collapse of Silicon Valley Bank might increase trouble for other US lenders, and bring SoftBank Group Corp. investments ......

Apollo Global, Blackstone eye select SVB assets

Finance

14 March, 2023

Apollo Global, Blackstone eye select SVB assets

Apollo Global Management Inc, Blackstone Inc and KKR & Co Inc have expressed interest in a book of loans held ......

Sensex, Nifty slip to lowest in five months as banking shares sell off

Finance

13 March, 2023

Sensex, Nifty slip to lowest in five months as banking shares sell off

Indian shares fell to a five-month low on Monday, dragged by a selloff in financial stocks, as the Silicon Valley ......

Revenue-based financiers step in to aid SVB-hit startups

Finance

13 March, 2023

Revenue-based financiers step in to aid SVB-hit startups

Startups impacted by the collapse of Silicon Valley Bank (SVB) are being offered interim financing from funding platforms such as ......

HSBC to acquire SVB's UK unit for GBP 1

Finance

13 March, 2023

HSBC to acquire SVB's UK unit for GBP 1

HSBC bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing a key lender ......

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

Finance

13 March, 2023

SVB crisis to hit over 10,000 startups, 1 lakh jobs: Y Combinator

In a petition to the US government on Sunday, Y Combinator stated that around 10,000 small businesses with accounts in ......