SVB collapse spread to impact 116yo Indian bank...
#1

https://www.ndtv.com/india-news/how-sili...nk-3853583

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

if can affect Indian bank = DBS
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#3

Not this bank in India so the bank clarify: Don’t any how say hor....
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#4

This will affect venture capitalists and startups across the world.
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#5

(12-03-2023, 04:49 PM)mikotan Wrote:  This will affect venture capitalists and startups across the world.

I think so too.......................... Clapping
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#6

(12-03-2023, 04:24 PM)sgbuffett Wrote:  SVB collapse spread to bring down 116yo Indian bank...

No lah, the Indian bank not brought down yet lah.  Just impacted by rumours of association with SVB which it isn't.
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#7

(12-03-2023, 05:05 PM)Levin Wrote:  No lah, the Indian bank not brought down yet lah.  Just impacted by rumours of association with SVB which it isn't.

My bad....changed the headlines

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#8

No wonder after so many years playing the stock market, still so poor

No farking brains up there

Tomorrow you will see how farking stewpig you morons really are
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#9

Start ups is employing alot of jiak liao bees.....!!! All dreaming to disrupt or future non existent objectives.


Smile
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#10

Thos who bank with SVB

1. Circle: $3.3 billion
2. Roku: $487 million
3. BlockFi: $227 million
4. Roblox: $150 million
5. Ginkgo Bio: $74 million
6. iRhythm: $55 million
7. Rocket Lab: $38 million
8. Sangamo Therapeutics: $34 million
9. Lending Club: $21 million
10. Payoneer: $20 million
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#11

saga is not going to end here
next will be bail-in
meaning your money gone
now they divide those insured and those not
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#12

Insurance and Federal reserve thinking of backstop deposits if bank runs become severe
to keep calm and prevent PANIC
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#13

News said people can withdraw money from SVB on Monday, the U.S. garment guarantee is $250k, so not too bad, people can still get back some money.
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#14

(12-03-2023, 09:43 PM)lvlrsSTI Wrote:  News said people can withdraw money from SVB on Monday, the U.S. garment guarantee is $250k, so not too bad, people can still get back some money.

That is those who has less than $250K, but what if the depositor has more that $250K.................? Big Grin
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#15

Temasek buying Silicon Valley Bank’s Indian venture debt arm for $45M
https://www.vccircle.com/temasek-buying-...e-debt-arm
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#16

(12-03-2023, 10:01 PM)Bigiron Wrote:  Temasek buying Silicon Valley Bank’s Indian venture debt arm for $45M
https://www.vccircle.com/temasek-buying-...e-debt-arm

Can this be substantiated............. Big Grin
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#17

(12-03-2023, 09:47 PM)debono Wrote:  That is those who has less than $250K, but what if the depositor has more that $250K.................? Big Grin

Then they will lose some money after getting back $250k. 

In Spore how many can you get back in case a bank closes down? 75k?
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#18

(12-03-2023, 09:47 PM)debono Wrote:  That is those who has less than $250K, but what if the depositor has more that $250K.................? Big Grin
$1m - $250k=$750k stuck.
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#19

(12-03-2023, 10:10 PM)Rubitin Wrote:  $1m - $250k=$750k stuck.

It is not $750K stuck but rather that amount may be a complete loss....................... Big Grin
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