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Union Minister Rajeev Chandrasekhar to meet Indian startups to discuss Silicon Valley Bank crisis

Shortpedia

Content Team
Image Credit: twitter

Union minister Rajeev Chandrasekhar said he will meet Indian startups this week to understand the impact of SVB Financial's collapse on them and how the government can help during the crisis. One of the most prominent lenders in the world of technology startups Silicon Valley Bank, struggling under the weight of ill-fated decisions and panicked customers, collapsed on Friday, forcing the US federal government to step in, The New York Times reported.