FM chairs meeting to review preparedness of PSBs
A discussion was held with the MDs and CEOs of PSBs on the global scenario comprising the failure of Silicon Valley Bank and Signature Bank.
silicon valley bank
March 2023
Why are Globally Systemically Important Banks like Credit Suisse failing?
Current bank runs in the US and Switzerland are the failures of the new global financial order put in place after the 2007-08 financial crisis, ironically, to avoid such eventualities
Banking crisis: Central banks globally must copy RBI template for collaborative ecosystem, says SBI
Indian banks are epitome of resilience. For cross-country deposit insurance coverage and per capita income, ratio of DI cover and per capita income is 2.53 for India, one of the highest, says report
SVB crisis: Indian start-ups' deposits worth $1 bn stuck, says Chandrasekhar
Rajeev Chandrasekhar said the Indian banking system is resilient and strong and that startups in the country should therefore opt for Indian banks as their preferred banking partners.
Silicon Valley Bank collapse to have limited impact on Indian banks: Moody's
The impact will be limited for most rated financial institutions in Asia-Pacific (APAC), says Moody's.
Is fall of Silicon Valley Bank a repeat of 2008-09 crisis?
Last week, the Federal Deposit Insurance Corporation (FDIC) seized the assets of SVB marking the largest bank failure in the US since Washington Mutual during the height of the 2008 financial crisis.
SVB Bank crisis: India's vulnerabilities and the deep malaise in US banking system
It isn’t just about high-interest rates impacting investment or bad biz decisions, but systemic promotion of unregulated or lightly regulated capital, low-interest regime and debt-fueled growth model
SVB crisis: Bond losses of US banks likely over $620 bn
Failure of SVB a curtain raiser to the pain that banks face in the event of a liquidity crisis.
