3-6-3 Rule of Banking
I wish banking was so simple. Gone are those days that you can accept deposits at 3 %, lend at 6% and go for playing Golf at 3 pm. It is just impossible in today's technology and highly volatile world. Interest rates keep fluctuating wildly. Information keeps flowing from several directions - authorisedly and unauthorisedly too. Moreover, whatever has been lent may not be secure that repayments would come automatically. All these have got to be managed, particularly lendings and investments. Many a times the business of banking is affected by both internal and external factors.
I wish banking was so simple. Gone are those days that you can accept deposits at 3 %, lend at 6% and go for playing Golf at 3 pm. It is just impossible in today's technology and highly volatile world. Interest rates keep fluctuating wildly. Information keeps flowing from several directions - authorisedly and unauthorisedly too. Moreover, whatever has been lent may not be secure that repayments would come automatically. All these have got to be managed, particularly lendings and investments. Many a times the business of banking is affected by both internal and external factors.
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