State Bank has imposed penalties of 8 crores and 31 lakhs rupees on 4commercial banks.
According to a statement issued by the State Bank of Pakistan, thesepenalties were imposed on the banks during July to September.
As per the State Bank, during the first three months of the currentfinancial year, penalties of 8 crores and 31 lakhs rupees were imposed onthe banks.
Read Top Stories
These penalties by the State Bank were imposed for violations of foreignexchange and banking services regulations on the banks.