farooq
· 162w
If you deposit $10,000 into a bank ๐ฆ
Hereโs what happensโฆ
The bank set asides a 10% and loans out the rest of your money.
How it works, say another person comes in and asks for a car loan...
I think this isnโt the case anymore. In recent years the banks are allowed to set aside 0%