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Chayan Das

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ZeroBizz • 1m

💡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: CRR: % of deposits banks must hold as cash. SLR: % of deposits banks must invest in bonds. Repo Rate: Rate at which banks borrow from RBI. Reverse Repo Rate: Rate at which banks lend to RBI.

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