 "SVB, Silicon valley bank")
The implosion of California-based lender Silicon Valley Bank (SVB) should not have any lasting macro-economic ripple effect on India. It may, perhaps, impact liquidity of start-ups, which are already in the midst of a funding winter, said government officials and independent economists.
“We are not worried about any macro-economic impact at home. Domestically, the run on Adani shares was a bigger issue and yet it did not have a negative spillover on the larger economy. There could be a possible impact on the start-up sector,” a top official told Business Standard.
On Friday, SVB, which lends to start-ups and provides
