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Tag: financial transactions

branchless banking in Pakistan
Business
  • Web Desk
  • Apr 05, 2024
Pakistan records highest-ever branchless banking transactions

In a significant milestone, branchless banking (BB) transactions in Pakistan have surpassed 1 billion for the first time in a single quarter, according to the latest data released by the State Bank of Pakistan (SBP) for the second quarter of fiscal year 2024.

Is EasyPaisa shutting down?
Latest
  • Web Desk
  • Dec 18, 2023
Here’s why your money is not at risk in Easypaisa account

After the acquisition of Telenor by PTCL, concerns have arisen among EasyPaisa users regarding the fate of their financial services app.

State bank of Pakistan monetary policy
Business
  • Web Desk
  • Dec 05, 2023
State Bank of Pakistan injects billions to boost market liquidity

The State Bank of Pakistan (SBP) injected a total of Rs454.6 billion into the market on Tuesday through a combination of reverse repo purchases and Shariah-compliant Modarabah Open Market Operation (OMO).

Latest

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  • 1 Hour ago
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Traffic on the M-5 motorway was disrupted after high-voltage transmission lines fell onto the roadway during a severe windstorm, prompting the Motorway Police to divert vehicles to alternative routes: File Photo
  • Web Desk
  • 2 Hours ago
Traffic on M5 motorway diverted after high-voltage wires fall
Prime Minister Shehbaz Sharif said, during a meeting with European Union (EU) representative Kaja Kallas, Pakistan wants to further strengthen its multi-dimensional partnership with the West: File Photo
  • Web Desk
  • 3 Hours ago
Shehbaz, EU representative review regional situation, strategic cooperation
Seagate Technology has reached a $175 million deal to settle a shareholder fraud case over alleged undisclosed sales of hard disk drives to China’s Huawei Technologies: File Photo
  • Web Desk
  • 3 Hours ago
Seagate reaches $175mln deal in shareholder fraud case over Huawei drives sales
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