Govt Borrows Rs3.5 Trillion in 11 Months Despite IMF Warning

3 min read

The federal government borrowed Rs3.5 trillion from commercial banks in the first 11 months of fiscal year 2026, State Bank of Pakistan (SBP) data revealed…

Commercial Banks Questioned Over Sms Charges Meezan Bank In Spotlight

Commercial Banks Questioned Over SMS Charges, Meezan Bank in Spotlight

2 min read

The Senate Standing Committee on Finance and Revenue on Tuesday sharply criticized commercial banks, for charging customers high fees for SMS alerts and other routine…

NBP and Commercial Banks Extend Hours on November 29 for Tax Collections

1 min read

The government has directed commercial banks to remain open this Saturday, November 29, 2025, to facilitate over-the-counter payment of duties and taxes. All Saturday-opening branches,…

SBP Directs Banks to Begin Phase II of Basel III Reforms

3 min read

The State Bank of Pakistan (SBP) has instructed commercial banks to initiate Phase II of Basel III reforms, aimed at addressing weaknesses in the pre-crisis…

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