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Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything

Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs. Entry level Salary in 2022: around 3-3.5Lakhs. Inflation every year is around 6-7%. Yet FD is where 58% of Indians have invested. FD is safe FD ensure liquidity FD return doe

Wait a minute how are they even saving money doesn't google map is free

Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses? Basically your money will

We think of banks as places that store our money and keep it safe. But that’s not really what’s going on. When a bank gives out a loan, they don’t get poorer. They simply type new money into your bank account. It’s brand-new money that never exis

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

How Chime Became America’s Biggest Neobank! So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests. Thus, they decided to

All eyes on Budget 2024-25 ACMA pitches the gov to increase capex and decrease Gst They said that the depreciation charger on PPE should be shifted from 15%-25% and the EVs manufacturing units urged to decrease Gst on EVs and components in order t

These days as more and more people are jumping into investing banks are quietly leaning more on bonds to meet that demand. But here is the thing it’s not all smooth sailing for them. See a regular savings account gives barely 2% interest and even FD