Tag Archives: Private sector borrowing jumps 196pc in FY21

KARACHI: Credit offtake by the private sector from the banking channel increased by 196 per cent during the current fiscal year indicating the rapid increase of economic activities compared to the previous year. According to the State Bank’s latest data issued on Tuesday, the private sector borrowed Rs489.4 billion during FY21 (up to June 18) against Rs165.3bn in the same …

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