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bank

Banks Directed to Enhance CCTV Security Measures by 2025

KARACHI, October 10, 2024: The Central Bank of Pakistan has announced to revision of the installation guidelines for Close Circuit Television (CCTV) cameras at bank branches. The updates follow extensive feedback from stakeholders and aim to standardize security protocols in banks and microfinance banks (MFBs). Revised Guidelines are as follows: The new directives, outlined in…

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Inflation

Dagha urge bold rate cut to stimulate private sector amid single-digit inflation

KARACHI, October 10 2024: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani and Chairman Policy Research & Advisory Council (PRAC) Mohammad Younus Dagha have advised the Central Bank to reduce the policy rate by at least 300 basis points in the next Monetary Policy Committee (MPC) meeting in line with a notable…

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