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New banks ?

These are scams right?

How Banks Create Money?

💡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:

Call centre,phising and other types of scams has been increasing rapidly in india,what steps should be taken to reduce these scams