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Stakeholders wait for SBP decision with optimism

KARACHI: The stakeholders are pondering over the extent of ‘inevitable’ cut in the interest rate by the State Bank in its next monetar...

Eight brands of bottled water declared illegal

KARACHI: Pakistan Standards and Quality Control Authority (PSQCA) has identified eight bottled drinking water as unfit for human consu...

Robust growth in electronic banking

KARACHI: In a rapidly evolving international payments arena, Pakistan is also leaping forward as fiscal year 2013-14 registered a robust...

SME financing improves amid low default

KARACHI: The small and medium enterprises (SMEs) have shown significant improvement over the last two years in utilisation of bank loa...

Banks have been instructed to provide service without stop to customer before the Eid-ul-Fitr holidays

Karachi: After receiving complaints regarding ATM’s, State Bank has issued instructions to most banks to form complaint centers an...

Multiple impacts of a falling rupee

The falling value of the rupee will have many fiscal and monetary implications, including an increase in the rupee-cost of external d...

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