The collapse of SVB in the US and Credit Suisse in Europe could significantly impact the BFSI sector, and the next few quarters will be crucial for the IT services industry. The disappointing Q4 results for Infosys showed a constant currency decline of 3.2% and a decline in revenue growth momentum and margins. While a slowdown in revenue growth momentum is expected, there may not be an extreme bounce back in the next few quarters.
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