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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:

Can you trust small/local capital venture firms who invest on yuur startup?! Cauz the rate of interest that they receive is higher than the large equity firms!

Hi what are your thoughts on Compound interest Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years My invested amount = 48 lacs Money I will get = 3.51 cr But will it really be worthy with an a

We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we

Finance Friday - 1 **Smart Savings: Simple Tips to Build Wealth Over Time** Building wealth isn’t about quick wins; it's about consistent, smart savings habits. Even small changes today can lead to big financial gains in the future. Here's how you

Everyone was expecting the rate cut to stop at 5.75%, but the RBI went a step further and brought it down to 5.5% People on floating interest rates are definitely celebrating now. Plus, the extra push on liquidity this time is a really positive move.

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle

Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner. Location - Lucknow loan Amount - Upto 5 Lac Rate of Interest - 24% - 30% Type - Home Loan / Loan Against Property

Hi fam, im just really curious to know that, is there any platform that helps students like myself to earn money during their free hours after college, this would help many people to fill their small expenses, rather than reaching out to their parent

I just saw a post on RVCJ’s Twitter, and it’s honestly scary it seems like even banks aren’t safe anymore. This isn’t some small incident. Money is being taken out of people’s accounts, and then the customers are getting blocked to get notifications.