HR and staffing firms said they are confident in the Indian economy and predict the SVB collapse will have minimal to no impact on the talent market in India.
The collapse of Silicon Valley Bank (SVB) has created uncertainties in the talent market for Indian startups, which are estimated to have had deposits worth about $1 billion with the lander.
Regulators shut down SVB, which had $209 billion in assets at the end of 2022, on March 10 after a run on the lender.
However, HR and staffi...