SVB Financial Group, the bankrupt parent company of Silicon Valley Bank, plans to sell its entire stake in Indian subsidiary SVB Global Services India to First Citizens Bancshares. The sale is pending approval from a bankruptcy court, with a hearing scheduled for April 9. SVB Financial Group filed for bankruptcy last year after Silicon Valley Bank collapsed due to a bank run, resulting in significant financial losses. First Citizens acquired SVB’s assets and deposits for up to $500 million in stock following the bank’s failure.