Indian Banks Are Shutting Down ATM Machines Because of UPI and Digital Payments
4000 ATM Machines Closed in Last 1 Year
Cash Circulation in India is Still At All Time Record High of Over โน34.70 Lakh Crore
India Has Only 15 ATMs For 1 Lakh People
5 replies4 likes
Chayan Das
ย โขย
ZeroBizzย โขย 14d
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:
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2 replies7 likes
Rohan Saha
Founder - Burn Inves...ย โขย 2m
Today, early in the morning, I woke up at 6 AM, got ready properly, and sat down to trade at 8:30 AM, only to realize that the market is closed today ๐ฅน๐ฅน. Nothing is going to happen today.
1 replies5 likes
Samaksh Singh
Content Writerย โขย 3m
*Global Market Indices*
- *S&P 500*: Closed at 5,636.40, up 0.18% from the previous close
- *Nasdaq*: Closed at 19,568.40, up 0.32% from the previous close
- *Dow Jones*: Closed at 41,520.83, down 0.82% from the previous close
- *NIKKEI*: Clos
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0 replies6 likes
Hawk
ย โขย
Medialย โขย 8m
๐๐คฃ 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 ๐คฃ๐