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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
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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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Hey everyone! As you may know, our Finance Minister recently announced the 2024 Budget. There are plenty of things to like or dislike about it. Iโd love to hear your thoughts: whatโs one thing you think they got right and one thing you think should
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In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or
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90% of Indians earn less than โน25,000 a month, according to the World Inequality Database. A โน50,000 minimum balance means the average person must keep almost two months of income locked in their account or pay a fee. For those with tight budgets,
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๐ The Transformation of the Finance Sector: From Legacy to Digital First The finance sector is undergoing a historic transformation. ๐ก Once defined by paperwork and physical branches, itโs now ruled by AI, blockchain, mobile banking, and instant
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Hello friends I have a great idea to open a company for funds for every one maximum number of needy people are seeking finance but the west there time and money for application and approval But didn't get any funds and some are hope less and leave
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The Rise Of NeoBanks - Back in 2015-16 India had a massive fintech moment thanks to neobanks but no one really talks about it now. It is like that chapter in our digital journey that just got skipped. Freo was the first to introduce neobanks in In
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How Chime Became Americaโs Biggest Neobank! So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests. Thus, they decided to
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I recently came across a post of Swiss Bank offering and thought why not let you guy's know what Swiss banks really are. ๐ถ Why Swiss Banks Attract Black Moneyโand What You Should Know ๐ฏ Ever wondered how Indian black money ends up in Swiss vault
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