Many of us find comfort in watching our bank balance steadily increase. That sense of safety can be reassuring, but it can also create a false sense of security. What most people don’t realize is that the money sitting in your savings account doesn’t just lie idle—it is actively working, but primarily for the bank, not for you.

Chartered Accountant Nitin Kaushik recently shed light on this reality in a way that makes you rethink how savings grow, why they often remain stagnant, and how a smarter strategy can transform your financial future.

According to CA Nitin Kaushik, the money you deposit in a bank doesn’t stay in one place. Banks operate using a system called fractional reserve banking, which means they keep only a small fraction of deposits as liquid cash, while the rest is lent ou

See Full Page