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Articles for tag: Banks, kitten, month, national, RS34.5BN, submit

March 23, 2025

News Desk

Banks submit Rs34.5BN to national kitten in a month

An employee counts Pakistani rupees in a bank in Peshawar on August 22 2023. – Reuters The success was gained due to the vision of Prime Minister Shehbaz’s economic reforms. The RS11.5 billion was due to a ruling by the Supreme Court of Lahore. The Prime Minister greets the efforts of the Ministry of Justice, a financial team. In a significant boost to the government with cash, the High Court (LHC) vacation order in cases of bank income taxes that excluded banks’ revenue has led to the benefit of RS11.5 billion in the National Fund. While in this account, in

March 12, 2025

News Desk

Moody’s reviews the prospects of Pakistani banks in positive, reporting durability

Signage looks outside Moody’s Corporation in Manhattan, New York, USA, November 12 2021.- Reuters The upgrade is credited to strong macroeconomic indicators. Moody’s warns that long -term debt viability is still a risk. The Evaluation Agency expects the economy to expand by 3% in 2025. Moody’s ratings reviewed his prospects in the Pakistan banking sector in place positively, reporting improved operating conditions and durable financial performance, he said Wednesday. The displacement corresponds to the improved prospects of the government (CAA2 positive), backed by the significant banks’ exposure to the dominant debt. “We have changed our prospects in the Pakistan banking

March 2, 2025

News Desk

Tyra Banks breaks silence in America’s next top model

Tyra Banks breaks silence in America’s next top model Tyra Banks is addressed to some mistakes from the past, especially in the sets of America’s next top model. The show recently won the attraction again, as the old videos reappeared with negative feedback, criticizing banks for its comments during the 24 seasons of the show. In a recent appearance at the Essence Black Women in Hollywood Awards, banks won its first Potlight Honouree lamp. He took the opportunity to face the long criticism of the show, admitting that he made some defective observations during the series. “Over 20 years before

February 26, 2025

News Desk

SBP encourages banks to use AI for wider, affordable financial access

State Bank of Pakistan in this ruthless image. – AFP/file Banks have urged to review the models, to prioritize financial mediation. The SBP Ahmad governor is calling for increased credit of the private sector. It aims to enhance economic integration, to reduce gender gap by 2028. Karachi: The governor of Pakistan’s Central Bank on Tuesday called on banks to extend the use of artificial intelligence (AI) to improve access to affordable financial services, focusing on small and medium -sized businesses (SMEs), the agricultural sector and the agricultural sector Women. The news reported. The banking industry must increase the use of

February 23, 2025

News Desk

Govt collects 23 billion Rs from banks in one day

An employee calculates Pakistani rupees in a bank in Peshawar. – Reuters/file Prime Minister Shehbaz Sharif is proceeding with a significant recovery function: Source. Premier has personal funds for the legal representation of FBR. The FBR leader and SBP commander contribute to the basic shift of the Govt strategy. ISLAMABAD: The Federal Revenue Council (FBR) recovered 23 billion Rs from 16 large banks in just one day on February 21, 2025, after a Sindh Supreme Court (SHC) ruled to support an unexpected tax. An up -to -date source said that Prime Minister Shehbaz Sharif’s avant -garde, this important recovery operation

February 9, 2025

News Desk

Central banks face uncertainty

Listen to the article LONDON: The first interest rate of the Central Bank, the 2025 interest rate, suggests that it will be a year where some significant heavy heavyweight, both in the developed and emerging parts of the world, to travel in different directions for a while. Last year it was the largest coordinated global interest rate reduction in 15 years, as inflation has come into contact, but this has begun with policymakers to navigate some very foggy conditions. Among the G10 central banks, which oversee the most intense commercial coins in the world, three of the four met last

January 21, 2025

News Desk

Pakistan secures $1 billion loan dollars from two Middle Eastern banks

Listen to the article Finance Minister Muhammad Aurangzeb announced on Tuesday that Pakistan has finalized the terms of a $1 billion loan from two Middle Eastern banks, marking another step in the country’s efforts to secure much-needed financing. The loans, agreed at an interest rate of 6-7%, were confirmed during an interview at the annual meeting of the World Economic Forum. Aurangzeb revealed that the agreements include a bilateral loan and a trade finance agreement, both with a short-term tenure of up to one year. This is part of Pakistan’s broader plan to raise $4 billion from Middle Eastern commercial

December 28, 2024

News Desk

Cabinet removes 15% additional tax on banks

Listen to the article Islamabad: The federal cabinet on Friday approved a decree to scrap the 15 percent surcharge on profits banks make by lending to the government, but raised their regular income tax to 44 percent to largely recoup tax losses. Led by Prime Minister Shehbaz Sharif, the cabinet has given legal cover to the agreement reached between the Pakistan Bankers Association and the federal government on the issue of advance tax of up to 15%, according to cabinet members. Deputy Prime Minister Ishaq Dar negotiated well and managed to recover most of the losses by increasing the tax

December 8, 2024

News Desk

‘RHOA’ alum Kenya Moore on her once ‘unbreakable’ bond with Tyra Banks

‘RHOA’ alum Kenya Moore on her once ‘unbreakable’ bond with Tyra Banks Kenya Moore opens up about the sisterly bond she shared with Tyra Banks. The ex Real Housewives of Atlanta The star, 53, reminisced about the ’90s era in an interview The Shade Room when the conversation turned to Banks, 51. “In the ’90s we were inseparable,” Moore recalls of her bond with the supermodel. “If she wasn’t at my house, I was at her house. Like, her mom was my mom.” Moore then recounted what conversations between “best friends” were like in those days. “We just couldn’t pick

November 28, 2024

News Desk

Banks will remain open this weekend to receive applications for Hajj 2025

Muslim pilgrims circle the Kaaba and pray at the Grand Mosque in the holy city of Mecca, Saudi Arabia, July 1, 2022. — Reuters In order to facilitate citizens, the State Bank of Pakistan (SBP) has announced that designated banks will remain open on Saturday and Sunday, November 30 and December 1, to receive applications for Hajj 2025 across the country. According to an SBP circular issued today, branches of designated banks will remain operational from 9 am to 2:30 pm on Saturday and Sunday to facilitate collection of Haj applications along with fees from intended pilgrims for Hajj 2025.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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