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Banks race to save startups after Silicon Valley Bank collapse

By Ranjani Raghavan

  • 13 Mar 2023
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Banks race to save startups after Silicon Valley Bank collapse
Credit: Thinkstock

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack teams to work through the weekend to assist startups affected by the collapse of Silicon Valley Bank open new dollar accounts in Gujarat’s Gift City, which caters to non-residents and ......

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