The money multiplier theory is one of the biggest myths in economics. Many textbooks claim that banks lend out a fraction of deposits, multiplying money through fractional reserve banking. But modern ...

Explore top FD rates from small finance banks offering 8–9% returns. Learn how to reduce reinvestment risk through laddering ...

RBI issues Master Direction on deposit interest rates, ensuring uniformity, transparency, and non-negotiable rates for all ...

Depositors in collapsed banks will receive compensation faster in proposed changes that seek to compel the Kenya Deposit Insurance Corporation (KDIC) to shorten the payout window after the liquidation ...