KARACHI: Investments made by banks in government securities continued to grow and reached Rs7.2 trillion in the quarter ended June 2016, up 27.4% compared to the same period of previous year, shows the quarterly performance review of banking sector recently released by the State Bank of Pakistan (SBP).
In comparison to the previous quarter, banks’ holdings of government securities, which constitute more than 90% of total investments, grew 4.9%.
ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...
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