State Bank of Pakistan (SBP)
SBP Confirms Nationwide Bank Holiday on 23 March
The State Bank of Pakistan (SBP) has announced that all its offices will remain closed on March 23, 2026, in observance of Pakistan Day. The…
Government Revamps Affordable Housing Scheme: Loan Limits Hit PKR 10 Million
The Ministry of Housing and Works recently issued a crucial notification. The Federal Government officially approved major revisions to the “Markup Subsidy and Risk Sharing…
How to Get New Currency Notes for Eid-ul-Fitr 2026
With Eid-ul-Fitr predicted for March 21, the demand for fresh cash is rising. Citizens eagerly seek new currency notes for the upcoming celebrations. To facilitate…
Banks Return Unclaimed Deposits to SBP- Here’s How to Claim Yours
The State Bank of Pakistan (SBP) has confirmed that all banks and development finance institutions (DFIs) have handed over their unclaimed deposits up to December…
Zakat Deduction 2026: Govt Sets Nisab Threshold at PKR 503,529
The Federal Government has officially announced the Nisab for Zakat deduction for the current year (1446-47 A.H.). The Ministry of Poverty Alleviation and Social Safety…
State Bank of Pakistan Fined PKR 5 Lakh for Denying Paternity Leave to Employee
The Federal Ombudsman has penalised the State Bank of Pakistan (SBP) for denying paternity leave to a male employee. The Ombudsman imposed a fine of…
Governor SBP Calls for Scaling Up Zarkheze to Expand Agricultural Credit Outreach
The State Bank of Pakistan on Wednesday urged banks to expand the use of its digital agricultural lending platform, Zarkheze, to improve access to credit…
PAVE Scheme Goes Live! Save PKR 80,000 on Your Next Electric Vehicle
Pakistan is accelerating its shift toward green transportation. The Engineering Development Board (EDB) has officially commenced the Pakistan Accelerated Vehicle Electrification (PAVE) Scheme. This initiative…
State Bank of Pakistan Confirms Raqami Islamic Digital Bank as Scheduled Institution
The State Bank of Pakistan (SBP) has officially approved a Digital Retail Bank license for Raqami Islamic Digital Bank Limited, making it a scheduled bank…
Cabinet Seeks Clarity on Polymer Notes, Orders Further Study on Proposed Changes
The federal cabinet has raised questions over Pakistan’s proposed new currency notes, particularly the use of polymer material, prompting a decision to send the matter…
Pakistan’s Bank Deposits Surge to Record Rs. 37.4 Trillion in Dec 2025
Pakistan’s banking sector ended 2025 on a high note. Recent data from the State Bank of Pakistan (SBP) reveals that total bank deposits surged to…
Pakistan’s New Currency Notes Move Closer to Printing Stage
The State Bank of Pakistan (SBP) has confirmed that printing of newly designed currency notes will begin once the federal cabinet gives its formal approval,…
Monetary Policy Committee of SBP Keeps Policy Rate Unchanged at 10.5%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan on Monday decided to keep the policy rate unchanged at 10.5%, citing stable inflation…
