Private banks are less ‘efficient’ than govt banks, research finds M Haris
Recent research reveals that government-owned banks in Pakistan exhibit greater efficiency compared to private banks, prioritizing long-term societal benefits over the profit-driven approach of their...
Led by banks, stocks shoot up to new record M Haris
KARACHI: Pakistan Stock Exchange (PSX) on Thursday soared to a new record high at around 78,800 points with a sharp rise of nearly 2,100 points...
Banks lend almost all deposits to govt M Haris
Commercial banks have lent a record 98.55% of total deposits to the government at significantly high returns, leaving almost nothing for the underperforming private sector,...
Commercial banks direct 98.55% of deposits to govt M Haris
Commercial banks have lent a record 98.55% of their total deposits to the government amounting to Rs28.92 trillion by the end of May 2024, according...
Banks to remain closed for four days – M Haris
State Bank of Pakistan building can be seen in this image in Karachi. — APP/File As the preparations for Eid ul Adha are in full...