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Business in the Week Ahead (March 20-24, 2023)

Central banks of the US, England and China will decide on interest rates in separate meetings. Udayshivakumar Infra IPO will open for subscription

March 17, 2023 / 05:00 PM IST
Business in the Week Ahead (March 20-24, 2023)

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Governments and market regulators stepped in to contain the fallout of the collapse of the Silicon Valley Bank (SVB). US regulators tried to shore up confidence levels by guaranteeing deposits. Later, large US banks came together to rescue First Republic Bank, another bank hit by panic selling of shares. In Europe, Credit Suisse said it would tap a loan from the Swiss National Bank to strengthen its liquidity. The measures by the regulators calmed investor nerves to some extent....

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