Indian startups breathe easy as withdrawal limit for SVB lifted ...Middle East

The US regulator, the Federal Deposit Insurance Corporation (FDIC), has announced that all depositors of Silicon Valley Bank will be able to access their money beginning Monday. This move is expected to provide some relief to startups, which have been scrambling to find ways to retrieve their deposits stuck with the California-based lender. Indian startups' exposure to SVB is estimated to be in the range of $2.5-3 billion.

Hence then, the article about indian startups breathe easy as withdrawal limit for svb lifted was published today ( Tuesday 14/03/2023 - 06:00 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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