KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days. According to SBP, Raast services will not be available from 09:00 AM on 3rd September, till 12:00 AM on 4th September 2023, due to a pre-planned major system upgradation. It may be mentioned here that Raast services…
Islamabad, August 30, 2023: A meeting of the Senate Standing Committee on Finance and Revenue was held here at Parliament House on Wednesday with Senator Saleem Mandviwalla in the Chair. during the meeting, the committee deliberated on the Private Member Bill titled “The State Bank of Pakistan (Amendment) Bill,2023″. Senator Mushtaq Ahmed, the mover of…
Karachi, August 24, 2023: The State Bank of Pakistan (SBP) issued a commemorative coin of 75 rupees during a ceremony held in Islamabad on Thursday to mark the 75th anniversary of the establishment of diplomatic relations between Pakistan and the USA. The Honorable Foreign Secretary for Pakistan, Muhammad Syrus Sajjad Qazi, graced the occasion as…
Karachi, August 23, 2023: JS Bank unveiled its financial performance for the first half of 2023, underscoring a trajectory of growth across multiple financial indicators. During the first half of the year, the Bank recorded a significant increase of 231 percent in profit before tax and 254 percent in profit after tax, compared to the…
Karachi, March 10, 2021: In order to promote digitization in the banking sector and encourage use of digital channels, SBP has instructe(https://www.sbp.org.pk/psd/2021/C1.htm) all banks to provide minimum set of services on their Internet Banking (IB) and Mobile Banking (MB) channels. These services will include bill payments, funds transfer/IBFT, beneficiary management, limit management, credit and debit…