How banks make money

Banks are the backbone of the economy. They have to do well in order to flourish the economy. The failure of banking sector can lead to a huge financial crisis such as 2007-2008 financial crisis. Banking is a kind of service type...

Continue reading

What is bond and bond yield

WHAT IS A BOND? When the government wants money, they issue bonds, it is a type of loan which you lend to the government and in return, you get fixed interest rates. Bonds have a maturity time, they are generally in the range of...

Continue reading