Downfall of American Banks | Silicon Valley Bank SVB Crash Explained | Hindi
The collapse of the Silicon Valley Bank is the biggest retail banking failure since 2008 and the second biggest banking failure in America's history, following Washington Mutual's collapse. This SVB Crisis had such an impact that it forced the closure of another bank, New York's Signature Bank. But how did this all happen? What went wrong with Silicon Valley Bank? What are the American regulatory bodies doing to fix this and what impact it has on other Banks? More news coming up for failure of other banks like Credit Suisse. And most importantly, what is the impact of this crisis on India? how does it affect the Indian start up ecosystem??? #SVB #siliconvalleybank #startup #Americanbank #bankcollapse #bankcollapse2023 #creditsuisse #credit #recession2023 #recession2023 #layoffs2023
