USISPF's Startup Connect Statement on Silicon Valley Bank Crisis
In light of the sudden collapse of Silicon Valley Bank, Dr. Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum’s Startup Connect Program thanks the U.S. Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury Department for the steps they have taken to fully preserve the insured and uninsured deposits. A swift resolution is vital for the United States to maintain its leadership in the global startup and innovation ecosystem.
Source: businesswireindia.com