💡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:
😂🤣 Spam: State bank of India calling through a private number informing me that press 9 else all my accounts from all the banks under my name will be closed 🤣😂
We are launching GrabEat - New Food Delivery App soon in Mumbai and need your support!
UPVOTE if you believe in a fairer food delivery system that benefits both restaurants and customers.
Let’s revolutionize food delivery together! 🚀🔥
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