KARACHI: Banks’ investments in the government papers have almost doubled in two years crossing Rs13 trillion at the end of FY21 reflecting the growing dependence of the banking sector on the risk-free public debt instruments for making huge profits. The heavy investments by scheduled banks in government papers have drastically reduced the credit flows towards the private sector which lost …
Read More »Bank investments in govt papers jump 86pc in two years
July 27, 2021