Search For "current account"
State Bank of Pakistan to keep its policy rate unchanged though inflation
Updated : 4 years, 4 months ago IST
Karachi [Pakistan], January 21 (ANI): State Bank of Pakistan (SBP) is likely to keep its benchmark policy rate unchanged next week though an expected rate increase could be witnessed in the coming months due to inflation.
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Pakistan economic woos increased by fiscal deficits, flawed monetary polic
Updated : 4 years, 5 months ago IST
Islamabad [Pakistan], December 29 (ANI): Pakistan economic woos has been increased by huge fiscal deficits and failure in implementing robust monetary policy thereby unable to negate its external debt obligation coupled with depleted international reserves.
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Jump in services import, higher commodity prices increase Pakistan's curre
Updated : 4 years, 6 months ago IST
Karachi [Pakistan], November 20 (ANI): In the wake of a spike in imports and higher international commodity prices, Pakistan's current account deficit - higher foreign expenditure compared to income - swelled to USD 5.08 billion in the first four months (July-October) of the current fiscal y
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Utkarsh Small Finance Bank commences its operations in Tamil Nadu, Opens i
Updated : 4 years, 7 months ago IST
Chennai (Tamil Nadu) [India], October 19 (ANI/PNN): Utkarsh Small Finance Bank Limited today announced the inauguration of its first branch in the city of Chennai and in the state of Tamil Nadu.
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Pakistani rupee drops all-time low against US dollar
Updated : 4 years, 7 months ago IST
Islamabad [Pakistan], October 18 (ANI): Pakistani rupee hit an all-time low against the US dollar as the latter continued to soar during intra-day trading in the inter-bank market on Monday, reported local media.
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Taliban reject Pak minister's claims on trade in Pakistani rupee
Updated : 4 years, 8 months ago IST
Kabul [Afghanistan], September 12 (ANI): The Taliban have rejected a claim by a high ranking Pakistani minister that trade between the two countries would be in rupees under a currency swap arrangement, local media reported on Sunday.
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Pakistan to trade with Afghanistan in rupees: Report
Updated : 4 years, 8 months ago IST
Karachi [Pakistan], September 10 (ANI): In an attempt to save foreign exchange, Pakistan would soon start trading with Afghanistan in rupees that may ease the burden on the former's growing current account deficit, a media report said on Friday.
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Utkarsh Small Finance Bank's first branch in Karnataka
Updated : 4 years, 9 months ago IST
Bengaluru (Karnataka) [India], August 21(ANI/PNN): Utkarsh Small Finance Bank Limited inaugurated its very first branch in Karnataka. The residents of JP Nagar, Bengaluru now avail of the Bank's products and services, including savings bank account, current account, fixed deposits and recurr
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India's current account balance records deficit of USD 8.1 billion for Mar
Updated : 4 years, 11 months ago IST
New Delhi [India], June 30 (ANI): India's current account balance (CAB) recorded a deficit of USD 8.1 billion for the fourth quarter of the financial year 2020-21, which is 1 per cent of the Gross Domestic Product (GDP), according to data released by Reserve Bank of India on Wednesday.
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Pakistan's external debt likely to increase as dependence on foreign loans
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 30 (ANI): Pakistan's external debt is likely to increase in the near future as it is under compulsion to borrow more and more every year to repay its outstanding external loans, finance its current account and build its forex reserves.
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Bank credit growth slows to 5.6 pc in March: RBI
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Bank credit growth slowed down to 5.6 per cent from 6.4 per cent a year ago, according to data published by the Reserve Bank of India (RBI).
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Paytm Payments Bank expands lead as largest beneficiary bank for UPI payme
Updated : 5 years, 1 month ago IST
New Delhi [India], April 21 (ANI): Paytm Payments Bank Ltd (PPBL) registered 46.9 crore Unified Payments Interface (UPI) transactions in March, marking a month-on-month increase of 20.7 per cent to emerge as the largest beneficiary ahead of all major banks in the country.
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