Downfall of American Banks | Silicon Valley Bank Crash Explained | Dhruv Rathee

Downfall of American Banks | Silicon Valley Bank Crash Explained | Dhruv RatheeThe collapse of the Silicon Valley Bank is the biggest retail banking failure since 2008 and the second biggest banking failure in America's history, following Washington Mutual's collapse. This SVB Crisis had such an impact that it forced the closure of another bank, New York's Signature Bank. But how did this all happen? What went wrong with Silicon Valley Bank? What are the American regulatory bodies doing to fix this? And most importantly, what is the impact of this crisis on India? Watch this video by Dhruv Rathee to find out!