The International Monetary Fund (IMF) has approved an immediate disbursement of USD1 billion to Pakistan under the Extended Fund Facility (EFF) and around USD 200 million under the Resilience and Sustainability Facility (RSF), bringing total disbursements to nearly USD 1.2 billion.
The loan was approved after the IMF Executive Board completed its first review last week, bringing the total disbursements under the USD 3 billion Standby Arrangement (SBA) to about USD 1.9 billion.
Mumbai (Maharashtra) [India], Apr 24 (ANI): Mahindra & Mahindra Financial Services has reported standalone profit after tax of Rs 150 crore during the quarter ended March 31, down 32 per cent as against Rs 221 crore in the corresponding quarter last year.