Thursday, March 16, 2023

Indian startups rush to deposit money domestically after SVB crash

Intro:

Indian startups are quickly moving their money from the crisis-hit Silicon Valley Bank to India's first financial service center.

GIFT city in the West Indian state of Gujarat is inviting entrepreneurs to move their funds to domestic banks.

Ishan Garg has more from New Delhi.

IN: GIFT city officials...
OUT: SOC
Duration: 37 seconds