Banks Allowed to charge fees for Inter Bank digital transfers
June 17, 2021
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The State Bank of Pakistan has allowed banks to charge fees for digital transfers of more than Rs 25,000. It will no longer be possible to send money from one bank to another without paying…
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State Bank of Pakistan is ready to start a collateral free loan scheme for financing of up to Rs10 million for the cottage industry, released by State Bank of Pakistan (SBP) Governor Dr Reza Baqir.…
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The Lahore High Court (LHC) on Tuesday dismissed a petition filled, where challenging ban by the government on sale and purchase and further draw of Rs 7,500 prize bonds, after it’s discontinuation. The court decided…
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Rs. 100 Prize Bond Draw List No 34 Held at Multan Result Dated 17 May 2021 Balloting for Lucky Draw No. 34 of Rs. 100 prize bond held in Multan city on 17th May 2021.…
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Results of 1500 Prize bonds announced by the State Bank of Pakistan. The list of winners published. The draw held in Karachi on May 17, 2021. In the results, The first position holder won prize…
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Prize Bond Schedule 2021– Prize bonds a type of government bonds issued where some randomly prize bonds selected within the issue then afterwards redeemed / encashed at a higher value than the face value of the prize bond. According…
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Finance Division (Budget Wing), Government of Pakistan issued Notifications No. F.16(1)BS /2021-750 and F.16(1)BS /2021-751 dated April 28, 2021, regarding conversion / redemption / encashment of Rs. 15,000/- and Rs. 7,500/- denomination National Prize Bonds,…
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Another condition of the Financial Action Task Force (FATF) has been met. The government decided to scrap 15,000 and 7,500 Prize bonds. According to the details, the federal government has decided to scrap 15,000 and…
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HBL has teamed up with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution offered by any bank in Pakistan for the first time. Hysab Kytab’s PFM (Budgeting) tool has been integrated…
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State Bank of Pakistan invites views on revision of Foreign Exchange manual
Considering the market dynamics and changing business environment, SBP is in the process of reviewing the Foreign Exchange (FE) manual in consultation with the relevant stakeholders in a phased manner. The main purpose of these…