Axis AMC Acumen Note - Does Indus Valley need to fear Silicon Valley
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I hope this email finds you well. I am reaching out to you regarding an important and timely topic that has caught the attention. In light of recent bank collapses in the West, we have mentioned the potential implications for the Indian banking system. Please find attached for your reference is the note on “Does Indus Valley need to fear Silicon Valley”
The financial world has been grappling with the fallout from the collapse of a few banks in the West. In this note, we are taking a look at the potential impact on the Indian banking system. At the outset let us remember that the direct impact is limited. Most of Indian banks have limited global exposure and none have reported any significant impact from the global incidents.
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