🚨 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.
8 replies12 likes
mg
News & updates • 15d
₹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
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
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.
0 replies18 likes
Chayan Das
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ZeroBizz • 1d
💡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:
Does this affects anyways to the customers money in banks
0 replies5 likes
Tushar Aher Patil
Trying to do better • 23d
Exploring Negative Interest Rate Policy (NIRP)
Have you ever wondered about central banks setting interest rates below zero? This is known as Negative Interest Rate Policy (NIRP).
Here's a quick look at this unconventional monetary tool:
✍️ What is i