Women can now conveniently apply for loans of up to Rs500,000 from the comfort of their homes through an online application, marking a significant step toward enhancing employment opportunities. This initiative was highlighted by Quratul Ain Bilal, Deputy Manager of the State Bank of Pakistan, ...

The State Bank of Pakistan (SBP) is poised to announce its highly anticipated new monetary policy today. The policy determinations will follow a committee meeting led by SBP Governor Jameel Ahmed. Currently, the interest rate is fixed at 22 percent, but the Monetary Policy Committee (MPC) will ...

The State Bank of Pakistan (SBP) is expected to maintain its key interest rate at 22 per cent for the current month, as indicated by a recent survey conducted by brokerage Topline Securities. The survey, which involved insights from analysts and financial market participants, revealed that ...

In the face of a shortage of liquidity in the money market system, the State Bank has provided a significant amount through open market operations. According to details, State Bank has provided commercial banks with a sum of 1,113.25 billion rupees for 77 days. Banks will pay an annual ...

On Wednesday, during a Senate Standing Committee on Finance meeting in Islamabad, the Ministry of Finance expressed its opposition to raising policy rates. They argued that a 1% increase in rates would result in an additional Rs600 billion in debt servicing costs. As reported by The News, the ...

State Bank of Pakistan, while providing clarification, stated that Pakistan's banking system is stable and the deposit system is secure. There is sufficient capital in Pakistan's banking system, and the capability to withstand severe challenges in the banking sector has further improved. In their ...

DERA ISMAIL KHAN: In its bid to ensure economic stability and female participation in the workforce, the State Bank of Pakistan (SBP) is offering interest-free loans to unemployed women to start their large-scale businesses. The central bank's Dera Ismail Khan Deputy Chief Manager Fazal Muqeem ...

In Islamabad, the Sensitive Price Indicator (SPI) report from the Pakistan Bureau of Statistics (PBS) revealed that weekly inflation rose by 0.93% for the week ending on September 21. Within this period, among the 51 items monitored, prices increased for 22 items (43.14%), decreased for 11 ...

In response to swirling speculations regarding the possibility of yet another interest rate hike, Jameel Ahmed, the Governor of the State Bank of Pakistan (SBP), took the opportunity to set the record straight. As reported by ARY News on Thursday, Governor Ahmed made it unequivocally clear that ...

The State Bank of Pakistan, in a recent meeting of its Monetary Policy Committee (MPC) on Thursday, announced its decision to maintain the interest rate at 22%, despite earlier predictions from various brokerage houses suggesting a potential increase of up to 200 basis points, which would have ...