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Slowdown Blues

Slowdown Blues

Uday Kotak, Kotak Mahindra Bank CEO
Updated : Mar 10, 2023

Silicon Valley Bank crisis: Uday Kotak says an 'accident' was waiting to happen

Silicon Valley Bank (SVB) is one of the important lenders for early-stage businesses in the US. Venture or private equity funds make up approximately 56 per cent of the bank's global banking portfolio in 2022.