banks

Imposes fines of Rs775.54m on financial entities amid low foreign reserves

Part of major push to expand resources available to help poor countries fight climate change

Urges banks to prioritise sector, calls it backbone of economy

Govt will collect 10-16% in taxes if bank credit drops below 50% of deposits

Govt mulls settling high interest on $88m PIA loan without restructuring

Complains banks ignoring SBP’s orders for utilising retained funds

Five commercial banks accused of playing role in Rs70b worth of money laundering

With this, industries relying on bank borrowing will get affordable credit

Banks earned extraordinary profits of Rs110b in 2021 and 2022

Senate body told Rs69.5b money-laundering committed in last five years