Founder - Burn Inves...ย โขย 3m
I just saw a post on RVCJโs Twitter, and itโs honestly scary it seems like even banks arenโt safe anymore. This isnโt some small incident. Money is being taken out of peopleโs accounts, and then the customers are getting blocked to get notifications. And from what I know about ICICI Bank, I donโt think theyโll refund the money. Most likely, theyโll just fire the woman responsible and try to recover the amount from her. But if they do return the money, that would honestly be a really good thing because at the end of the day, it's the banks fault.
ECE student | Entre...ย โขย 4m
Todayโs insight: Use other peopleโs money! ๐ The rich get richer by leveragingโ Banks lend for assets like properties. Landlords buy homes, Airbnbs cash flow. Itโs not their moneyโitโs the bankโs! They profit while others pay the loan. How will you
See MoreI'm just a normal gu...ย โขย 4m
OYOโs IPO dreams are taking flight โ 5 banks (Citi, Goldman Sachs, Jefferies, ICICI Sec & Axis Cap) are set to pitch the plan to SoftBank in London. ๐ SoftBank wants the why now and whoโs buying โ time for some serious storytelling. ๐๐ผ
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ZeroBizzย โขย 3m
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:
See MoreI like software and ...ย โขย 1y
USA wants to give $50 Billion loan to UKRAINE from russian seized/blocked assets in western banks. And they are pushing for it in G7. I bet this makes countries across the world who were interested in BRICS to push for it more. PS: Indian defence b
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