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💡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:

8 Startup-Friendly Banks in India 1. YES Bank Startup Banking https://www.yesbank.in/business-banking/startup-banking 2. HDFC Bank SmartUp https://www.hdfcbank.com/personal/pay/cards/startup-services/smartup 3. ICICI Bank InstaBiz for Startups htt

🚨 AI will reduce banking jobs by 200,000 in the next 5 years. (Bloomberg) Global banks are expected to reduce their workforce by nearly 3% annually.

Finance minister recently said india needs more banks to cater to the growing demand why shouldn't they give banking licence for big NBFC's with harsh conditions so that they don't any thing they shouldn't

The only banks I love banking with in India are IDFC, HDFC, ICICI and absolutely hate with Bank of Baroda and especially SBI. Using SBI as your banking partner is the most frustrating thing ever. Absolutely love IDFC. If you want to have peace, go f

The biggest giant in investing banking industry, JP Morgon A detail view of the company,I had explained in simple terms just Dive into it https://onlybusiness2006.blogspot.com/2024/08/jp-morgan-giant-in-investing-banking.html

I am trying to contribute to the regenerative and nature aligned economics based on that I have an idea,need to brainstorm, accumulate resources, finance etc it would surely help someone with the idea of leaving an example of ethical footprint along

One interesting fact- employees are paid salary firstly in the starting of the month , and owners will get money which is leftover after paying salaries to employees and after paying all the taxes, interests etc. And still after that owners are rich

🏛 Modern Banking System In the current banking landscape, the fractional reserve system plays a pivotal role, allowing banks to lend a portion of deposited funds while keeping a fraction in reserve. This model ensures liquidity and credit availabil