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Business

Web Desk Karachi
Feb 10, 2025

Surge in banks’ investment in government papers hits Rs26 trillion

The data revealed that banks are reaping record profits, benefiting from high-interest rates around 22 percent throughout FY24, with returns on Treasury bills sometimes exceeding the policy rate.

Surge in banks’ investment in government papers hits Rs26 trillion

Bilawal says PPP will protect GB vote, promises fair share and representation

ECC clears multi-billion rupee grants for navy’s Hangor project, PSO, energy sector

DMA issues alert for rain, flash floods in different parts of country

Punjab announces blanket security, drone surveillance for Muharram

Khawaja Asif says demand to scrap refugee seats threatens to sabotage Kashmir polls