š”How Do Banks Really Work? Here's a Simple Visual Guide! š¦
1ļøā£ Banks take deposits from customers at ~4% interest.
2ļøā£ They lend that money to borrowers at ~10% interest.
š° The 6% spread is their profit.
š Key Banking Terms You Should Know:
I just saw a post on RVCJās Twitter, and itās honestly scary it seems like even banks arenāt safe anymore. This isnāt some small incident. Money is being taken out of peopleās accounts, and then the customers are getting blocked to get notifications.
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ganesh j
@ganesh1500Ā ā¢Ā 1y
What does it take to make money in the stock market?
#Stockmarket
#Both
#different
Why does no one talk about this man?
this man Larry fink manages 11.6 trillion AUM
as of the latest report the total assets held by all Federal Reserve banks were $6.832 trillion
no matter who is the president of America
who controls the money s
The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new ā.bank.inā domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms