Banks weathered pandemic shock, says Economic Survey

Jan 31, 2022

New Delhi [India], January 31 : The commercial banking system has so far weathered the pandemic shock even if there are some looming impacts,...

Sensex jumps 848 points, private banks gain

May 17, 2021

Mumbai (Maharashtra) [India], May 17 : Equity benchmark gauges closed 1.7 per cent higher on Monday with banking and financial stocks witnessing substantial gains...

Equity indices end flat, private banks outperform

Feb 12, 2021

Mumbai (Maharashtra) [India], February 12 : Equity benchmark indices ended flat on Friday but private banks showed some gains despite a volatile trading session.

RBI issues new compliance guidelines for banks

Sep 11, 2020

Mumbai (Maharashtra) [India], September 11 : The Reserve Bank of India (RBI) on Friday issued new guidelines for banks to tighten their compliance functions...

Climate finance by major multilateral banks rose 24 pc in 2021

Oct 15, 2022

New Delhi [India], October 15 : Climate finance committed by major multilateral development banks rose by more than 24 per cent in 2021 compared...

Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...