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

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

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

    Lisa Barbora
    March 17, 2023 / 08:52 IST
    Personal Finance: Lessons for Indian deposit holders from SVB’s collapse

    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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