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    HomeNewsOpinionWhy a bank default in Silicon Valley matters

    Why a bank default in Silicon Valley matters

    The ripple effects of the Silicon Valley Bank episode may be felt as far as India, due to the interconnected world of flows and investor sentiment

    Vijay Bhambwani
    March 14, 2023 / 18:47 IST
    Why a bank default in Silicon Valley matters

    The central bank saw clear potential for a systemic crisis in the closures of SVB and Signature Bank and acted to kill it before it got started.

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