Between July 1, 2021, and Feb 11, 2022, banks’ lending to the private sector soared to Rs813 billion from just Rs292bn a year ago, according to the State Bank of Pakistan (SBP). Credit disbursement to the private sector for the full 2021-22, ending in June, should well exceed the Rs1 trillion mark. The government had stopped borrowing from the central …
Read More »How balanced is banks’ lending
March 7, 2022