Think a bank has sunk in America, but it has created panic in India. Yes, you are right… here we are talking about Silicon Valley Bank of America. This bank has been shut down by American regulators and all its assets and deposits have been seized. At the same time, this bank has troubled the customers of a 116-year-old bank in India. The bank has also had to issue a statement for this, and the matter has reached the famous film director Sanjay Leela Bhansali .
In fact, it so happened that rumors about SVC Co-Operative Bank of Mumbai started circulating that it is related to Silicon Valley Bank (SVB) of America. Due to this, this 116 year old bank had to issue a statement and give clarification. At the same time, this thing also reached Sanjay Leela Bhansali.
116 years old bank trouble
SVC Co-operative Bank tweeted, 'SVC Bank has nothing to do with Silicon Valley Bank of California. The Bank requests its customers and other stakeholders not to pay heed to such rumours. SVC Bank is 116 old bank working in many states. It works only in India. The bank will take strict legal action against those who harm its brand image. SVC Co-Operative Bank was established in 1906.
Important announcement#HumSeHaiPossible #SVCBank #Banking #SVC #Importantannouncement pic.twitter.com/p05lHBJm9w
This is how the matter reached Sanjay Leela Bhansali
Akash Gupta, co-founder and CEO of Zypp Electric took a jibe at this statement of SVC Co-operative Bank . He wrote, "The next number in this episode can be of SLB i.e. Sanjay Leela Bhansali. India is really a unique country.
Important announcement#HumSeHaiPossible #SVCBank #Banking #SVC #Importantannouncement pic.twitter.com/p05lHBJm9w
The Federal Deposit Insurance Corporation of America has ordered the closure of Silicon Valley Bank. At the same time, the bank's assets worth more than $ 200 billion and total deposits of $ 175 billion have been seized.
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