Indian fintech unicorn Cred is reportedly facing a significant valuation correction, sending a strong signal to the broader fintech ecosystem in the country. Once hailed as one of the fastest-growing startups in India, Cred’s decline in valuation reflects changing investor sentiment, inc

While they may seem like simple institutions for storing your money or getting a loan, banks operate complex business models designed to generate profit through various channels. Here’s a breakdown of how banks earn money and stay profitable.