Shahid Iqbal

SBP expected to stay cautious on rate cut approach

Businesses call for a major reduction to boost economic growth. Published 15 Dec, 2024 07:24am

‘Economy on road to attaining stability’

Aurangzeb says key challenges have been addressed effectively. Updated 13 Dec, 2024 08:19am

Govt raises Rs1.25tr, cuts T-bill yields by 100bps

Banks improve ADR to about 48pc. Updated 12 Dec, 2024 08:05am

Remittances fall 5pc in November

Inflows jump 34pc to $14.7bn in 5MFY25. Published 10 Dec, 2024 06:30am

Public companies incur Rs6tr losses in 10 years: Aurangzeb

Eyes record inflow of over $35bn remittances in FY25. Updated 08 Dec, 2024 10:29am

Banks pump Rs2.2tr into non-govt sector

NBFIs receive Rs1.1tr, private sector Rs997bn in 5MFY25. Updated 07 Dec, 2024 11:29am

S. Arabia rolls over $3bn deposit for another year

SBP-held forex reserves jump by a half since the beginning of 2024. Published 06 Dec, 2024 07:17am

Govt raises Rs3.4tr via sukuk, PIBs

Cumulative borrowing via PSX to reach Rs3.7tr by end of this year. Updated 05 Dec, 2024 09:25am

Expectations rise for big policy rate cut

Adviser to the finance minister says slowing inflation rate “should result in more monetary easing”. Updated 03 Dec, 2024 09:24am

Banks pump Rs1tr into non-bank financial institutions

State Bank’s latest report shows that influx of huge liquidity exceeded the total stock of credits to NBFIs by 130 per cent. Updated 01 Dec, 2024 09:24am

Meezan declared ‘best bank’ for second consecutive year

Bank of Punjab, Bank Alfalah claim two awards each. Updated 30 Nov, 2024 09:44am

SBP reserves jump $2.2bn since July

Details show that SBP’s reserves increased to $10.73 in September and $11.203bn in October. Published 29 Nov, 2024 09:16am

Govt raises Rs1.2tr with cut in yields

Govt raises Rs616bn through T-bills and Rs613.4bn through PIBs, making the total Rs1.229tr. Published 28 Nov, 2024 07:42am

SBP removes minimum deposit rule for conventional banks

Individuals’ deposits protected; instructions issued to Islamic banks for profit disbursement. Published 27 Nov, 2024 08:46am

90pc bankers see cybercrimes as biggest threat

Criminals quickly adopting new techniques, says survey by PricewaterhouseCoopers-PwC Pakistan. Updated 26 Nov, 2024 10:00am

Sharia governance framework for Islamic banking revised

SBP eyes complete conversion to riba-free banking by 2027. Published 23 Nov, 2024 08:08am

Banks levy fees on large deposits to offset cash glut

Commercial banks set upper limit for deposits between Rs1bn and Rs5bn; daily limits also put in place. Updated 03 Dec, 2024 07:27pm

Outflows from T-bills surpass inflows

Some experts believe falling returns on domestic bonds main factor causing foreign investors to take out their money from Pakistan. Updated 22 Nov, 2024 08:55am

Banks boost lending to avoid tax

Take measures to discourage deposits, against banking norms; ADR jumps to 44pc from 39pc in a month. Updated 21 Nov, 2024 08:14am

Current account posts 3rd straight surplus in October

Surge in remittances is seen as a major contributor. Updated 19 Nov, 2024 09:11am