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In 1947, during the India-Pakistan partition, the Reserve Bank of India acted as the central bank for both countries.
Raqami Islamic Digital Bank Limited has been awarded a restricted banking license by State Bank of Pakistan under the Licensing and Regulatory Framework for Digital Banks to commence pilot ...
The State Bank of Pakistan has slashed rates from an all-time high of 22% last June, one of the most aggressive moves among central banks in emerging markets and exceeding its 625 bps of rate cuts ...
Pakistan’s central bank on Friday revoked the in-principle and pilot operations approval of Tag to operate as an electronic money institution in a move that poses existential threat to the firm.
The State Bank of Pakistan's (SBP) monetary policy committee also kept the key interest rate unchanged when it last met in July, having earlier raised it by 12.25 percentage points to 22% in a ...
ISLAMABAD (Reuters) -Pakistan's central bank kept its key interest rate unchanged at 11% on Monday, in line with expectations, as the conflict between Israel and Iran and volatile global oil ...
Pakistan’s central bank raised its benchmark interest rate to a record 21% as price gains soar and the nation teeters on the brink of a default as the International Monetary Fund’s bailout hangs.
Pakistan has proposed amendments to the State Bank of Pakistan Act that would essentially legalize and regulate the use of digital assets such as cryptocurrency as currency.
The State Bank of Pakistan, the South Asian nation’s central bank, has ordered fintech Tag to “immediately” refund all funds to customers citing violation of regulatory requirements and ...
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next ...
Pakistan’s agriculture-focused Fintech platform, Digitt+ has reportedly obtained approval from the State Bank to test services.
Pakistan’s central bank unexpectedly raised its benchmark rate to a record high in an emergency meeting as the nation makes a final attempt to revive its loan program with the International ...
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