Hey I am on Medialย โขย 1y
Intrest on the money they hoard in their banks.
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ZeroBizzย โขย 9m
๐กHow Do Banks Really Work? Here's a Simple Visual Guide! ๐ฆ 1๏ธโฃ Banks take deposits from customers at ~4% interest. 2๏ธโฃ They lend that money to borrowers at ~10% interest. ๐ฐ The 6% spread is their profit. ๐ Key Banking Terms You Should Know:
See MoreFounder - Burn Inves...ย โขย 8m
These days some mutual funds are slowly cutting down their investments in bank stocks and putting more money into NBFCs there could be many reasons behind it but one of them might be that banks are finding it a bit more expensive to borrow money now
See MoreECE student | Entre...ย โขย 10m
Todayโs insight: Use other peopleโs money! ๐ The rich get richer by leveragingโ Banks lend for assets like properties. Landlords buy homes, Airbnbs cash flow. Itโs not their moneyโitโs the bankโs! They profit while others pay the loan. How will you
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