Finance Company Limited and Asaan Ghar Finance Limited, the SECP said in a statement, adding that the

the clutches of middlemen.... Dr Baqir said the SBP Asaan Finance Scheme( SAAF) would be a game

Join our Whatsapp channel KARACHI: Foreign exchange reserves of the State Bank of Pakistan( SBP) increased by$ 4 million during a week, while the PKR appreciated against the US dollar, reflecting a positive sign of stability for the exchange rate. The SBP reported on Thursday that the reserves of the central bank reached$ 8. 021 billion with the addition of$ 4m during the week ended on March 22, 2024. The SBP did not mention the source of inflow in its account, but the dealers in the interbank m

Join our Whatsapp channel KARACHI: Financial inclusion, i.e the share of the adult population operating a bank account, has jumped from 16 per cent in 2015 to 64pc in 2023, according to the State Bank of Pakistan( SBP). Since 2015, SBP has implemented two National Financial Inclusion strategies( NFIS), 2015-18 and 2019-23, with the goal to improve access and usage of formal financial services by the masses.In the NFIS report, issued on Monday with a number of targets set for 2024-28, the central

KARACHI: The State Bank of Pakistan( SBP) has introduced a framework to grant licences for setting up wholly digital banks that will provide all the banking services, from account opening to deposit and lending, through digital means and the customers will not need to visit any branch physically.... “ The SBP has set the stage for the dawn of a new era for banking in Pakistan with the introduction of a Licensing and Regulatory Framework for digital banks in line with international best practice

In the fields of art and even journalism, there has been a long-standing debate on whether to educate the consumer or feed them what they already like, thus reinforcing their tastes.... Thanks to big tech and its obsession with algorithms, the issue has become even more pronounced and led to an obvious polarization of society.... All of this could somewhat apply to the state of financial services in Pakistan as well....

Proposed law suggests changes to existing sales, income tax laws, seeks to replace ‘filer, non-filer’ terminology with ‘eligible, ineligible person’？... The bank will not allow cash withdrawals from any of the bank accounts of any person exceeding the amount.... Appeals against such actions can be filed with the chief commissioner of FBR’s Inland Revenue wing within 30 days. The bill also proposes fines for goods sold without proper tax stamps, stickers or barcodes....

Join our Whatsapp channel LAHORE: The Pakistan Tehreek-i-Insaf’s Punjab parliamentary party on Wednesday launched a report on Chief Minister Maryam Nawaz’s one year in power, alleging the period was replete with corruption, inefficiency and copying of the PTI government’s projects. The report, in a book form, presented by Opposition Leader in Punjab Assembly Malik Ahmad Khan Bhachar at an iftar dinner on Wednesday, claims “ with facts and figures ” that the Maryam government copied several proje