Search For "state bank"
Top court orders State Bank of Pakistan to release funds for Punjab, KP po
Updated : 2 years, 11 months ago IST
Pakistan Supreme Court on Friday ordered the State Bank of Pakistan (SBP) to direct funds for holding elections to the Punjab and Khyber Pakhtunkhwa assemblies, Geo News reported.
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SBI records steepest market cap fall in Asia Pacific during Jan-Mar quarte
Updated : 2 years, 11 months ago IST
State Bank of India, India's biggest lender by assets, recorded the largest decline in market capitalization among the top 20 banks in the Asia Pacific region in the first quarter of 2023 (January-March), according to data compiled by S&P Global Market Intelligence.
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RBI's retail pilot of the digital rupee goes live in India's 4 metro citie
Updated : 2 years, 11 months ago IST
New Delhi [India], April 7 (ANI/PNN): As expected, the pilot for the retail digital rupee was launched in Mumbai, New Delhi, Bengaluru and Bhubaneswar on December 1, 2022. The retail digital rupee project started in a closed user group with the participation of four leading lenders, includin
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Pakistan raises benchmark interest rate to 21 pc
Updated : 2 years, 11 months ago IST
On Wednesday, the State Bank of Pakistan's Monetary Policy Committee increased the benchmark interest rate by 100 basis points, to 21 per cent.
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Digital services at SBI restored after a 'technical glitch'
Updated : 2 years, 11 months ago IST
Digital services at the State Bank of India were impacted for a few hours due to a glitch on Monday, only to be later restored.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 11 months ago IST
The staff-level agreement between the International Monetary Fund (IMF) and Pakistan was scheduled to take place on February 9.
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Pakistan: SBP forex reserves sink to a month's worth of import cover
Updated : 2 years, 11 months ago IST
In its weekly bulletin, the State Bank of Pakistan (SBP) said that its foreign exchange reserves have decreased as of the week ended March 24, which will provide an import cover of less than a month.
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Borrowers must be heard before loan account is classified as fraud: SC
Updated : 2 years, 11 months ago IST
The top court said that the principles of natural justice demand that the borrowers must be served notice, given an opportunity to explain the conclusions of the forensic audit report, and be allowed to represent by the banks before their account is classified as fraud.
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State Bank of Pakistan likely to raise interest rate to unlock IMF loan pr
Updated : 2 years, 12 months ago IST
The SBP recently increased interest rates by 2 per cent, but the IMF is now forcing Islamabad to raise rates by 2 per cent again.
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Indian bank deposits better protected than in US: SBI report
Updated : 2 years, 12 months ago IST
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea
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Karnataka CM Basavaraj Bommai to launch Swami Vivekananda Yuvashakti schem
Updated : 2 years, 12 months ago IST
The Chief Minister on Sunday chaired a meeting of the senior officials and chief executive officers and reviewed the progress.
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Pakistan government bans PM, President, judges from receiving gifts valued
Updated : 3 years ago IST
Judges, as well as civil and military leaders have also been restricted from accepting gifts that cost more than US300.
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