Tag Archives: Investment by banks in govt papers up by 30pc

KARACHI: The stock of investments held by scheduled banks at the end of July amounted to Rs14.1 trillion, up 30.4 per cent from a year ago, data released by the State Bank of Pakistan (SBP) on Tuesday showed. The sharp increase in banks’ lending to the government through risk-free instruments like Treasury bills (T-bills) and Pakistan Investment Bonds (PIBs) is …

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