The Silicon Bank Valley (SVB) crisis offers many lessons to governments and central banks elsewhere. The crisis, essentially an outcome of failure of investment-risk assessment and asset liability mismatch. Under the US deposit insurance rules, every insured depositor will get up to a ceiling of $ 250000 but in the case of SVB collapse, the […]
Uday Kotak on Silicon Valley Bank crisis an accident was waiting to happen somewhere’
Shares of Silicon Valley Bank (SVB), a key lender to technology startups, sank as much as 60% at the close on Thursday. The worry comes after the Santa Clara, California-based SVB said Wednesday that it was holding a $2.25 billion share sale after suffering a significant loss on its portfolio, which included US Treasuries and […]
RIL Q3, HUL Reaction Today; ICICI Bank, UltraTech, Kotak Mahindra Q3 Saturday
The domestic market indices made a flat opening on Friday, following mixed cues from global markets, with Wall Street slipping in the overnight session and Asian markets trading flat-to-high in Friday’s early trade.At 9:30 am, benchmarks Nifty50 and Sensex were seen trading flat with a negative bias. Among key market activities scheduled for Friday, are the Q3 earnings of […]