Banking

Simple Interest vs. Compound Interest Interest is the price of borrowing money, where the borrower pays a charge to the lender for the loan. The interest sometimes expressed as a percentage could be both simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is…

With reduced hand contact becoming the norm in the wake of the coronavirus pandemic, banks are set to deploy contactless…

When I was a child, I used to save my pocket money in a piggy bank. Each time I wanted…