Personal Finance: Lessons for Indian deposit holders from SVB’s collapse

Lisa Barbora • March 17, 2023 / 08:52 IST

Depositors must not assume inherent safety of bank deposits. Greater vigilance in entrusting deposits and diversifying should mitigate the risk of losing your money

SVB is not a new age bank, it’s been around for 40 years. Where it slipped up was in the concentration of large-sized deposits.

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