Banks, corporates hold over Rs3tr govt securities
KARACHI: Holdings of government securities by banks and non-bank institutions have crossed Rs3 trillion. The government seems to be sleepwalking into debt trap despite absence…
25th August, 2011
‘Cash-starved’ banks invest Rs119bn in TBs
KARACHI: Despite prevailing liquidity crunch in the banking system, the banks on Wednesday invested a huge amount of Rs119 billion in the Treasury Bills.
The…