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Pakistan to issue commemorative coin to mark 75 years of ties with ChinaPakistan is releasing a special 75 rupee coin to celebrate 75 years of diplomatic ties with China. This marks a significant milestone in th...- Pakistan receives USD 1.3 bn loan from IMF: Central bankPakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fun...
- Global Market Update: Pakistan's central bank hikes key rate by 100 bps to 11.5%Pakistan's central bank raised its key policy rate by 100 basis points to 11.5% on Monday, its first hike in almost three years, as rising ...
- Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...
- Pakistan set to meet some key targets set by IMF: Central bank chiefThe State Bank of Pakistan (SBP) has met its forward book target of $4.2 billion agreed with the IMF by the end of September. The bank is a...
- Pakistan central bank's foreign exchange reserves hit eight-year lowAccording to a report by the Dawn newspaper, the State Bank of Pakistan's (SBP) reserves hit an eight-year low of USD 5.576 billion during ...
- Pakistan to implement interest-free banking system as soon as possible: Finance Minister Ishaq Dar“With the permission of the prime minister and consultation with the SBP governor, I’m announcing on behalf of the federal government that ...
- Pakistan forex reserves fall to near 3-year lowData from the central bank indicated that reserve holdings had dropped to their lowest level since October of this year. In 2018, Pakistan'...
- Cash-strapped Pakistan to get $3 bn from Saudi; to park money in central bankThe Saudi government had promised to maintain a reserve of USD 3 billion at the State Bank of Pakistan, Geo News reported.
- Pakistan sees highest inflation in the world during 2020: SBPThe SBP raised interest rates to cool down pressure but high rates proved counterproductive.
- Pakistan PM Imran Khan's party operating 18 undeclared bank accounts: Central bankThe annual audit reports submitted to the ECP include a certification of authenticity and accuracy by PTI Chairman Khan — a legal requireme...
- Pakistan freezes accounts of 5,100 terror suspects, including JeM chiefThe interior ministry sent three different lists of thousands of suspects, including kingpins of some proscribed organisations, The News qu...
- Ind-Ra assigns stable rating on State Bank of Patiala’s Rs 115 crore bondsThe rating reflects SBP’s standalone credit profile, factoring in the impending merger with State Bank of India, effective 1 April 2017.
- Pakistan targets funding sources of madrasas to combat terrorPakistan has frozen more than 200 bank accounts of unregistered religious seminaries in a bid to break the nexus between militants and thos...
- Govt to take up merger of 2 associate banks with SBIAfter State Bank of Saurashtra (SBS), it is now the turn of State Bank of Indore and State Bank of Patiala (SBP) to be merged with State Ba...
- State Bank of Patiala launches e-trading facilityState Bank of Patiala (SBP), in association with SBICAP Securities Ltd (SSL), today launched a 3-in-1 account e-trading facility for their ...
- Centre wants SBI to list arms before mergerThe government is of the view that the State Bank of India (SBI) should first list its unlisted subsidiaries for greater unlocking of value...
- Arms may not go public pre-SBI mergerSBI is understood to have told SBH and SBP managements to put their proposed IPOs on hold. The parent is expected to give its associate ban...
- Three Pak banks keen to operate in IndiaThree Pakistani banks, including Habib Bank, National Bank of Pakistan and United Bank, have expressed interest in opening branches in Indi...
- SBP launches new deposit schemeState Bank of Patiala (SBP) has launched a Kuber Deposit Scheme, under which money parked by senior citizens would be doubled in 6 years an...
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