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🚨 AI will reduce banking jobs by 200,000 in the next 5 years. (Bloomberg) Global banks are expected to reduce their workforce by nearly 3% annually.

₹25 lakh crore in bad loans written off by banks since 2014. ₹2.5 lakh crore (10%) recovered. Big corporates default → "Write-off" Middle-class misses 3 EMIs → "CIBIL ruined, legal notice, house auction." Your taxes fund their failures. Your as

New banks ?

Day 4 About Basic Finance Concepts Here's Some New Concepts Financial Markets and Institutions Stock Markets: Where shares of publicly traded companies are bought and sold (e.g., New York Stock Exchange) Bond Markets: Markets where debt securitie

How Banks Create Money?

Jewellery fabrication is the most popular use of Gold by a large margin globally and covers almost twice the demand for Central banks and Institutions.

💡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:

World largest Banks 🏦🏦🏦

Does this affects anyways to the customers money in banks