What is a Bank? A bank is like a big piggy bank where people keep their money safe. But unlike a piggy bank at home, a bank can also give loans (money to borrow), help in payments, and even help people grow their money through interest. Imagine you have ₹100, and you give […]
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The banking sector is the backbone of any economy, playing a vital role in managing money, facilitating trade, and fostering economic growth. Whether you’re a professional, a student, or just curious, understanding banking fundamentals can help you make informed financial decisions. Let’s break it down into simple concepts. What is Banking? At its core, banking
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