Category: Finance

Explore all our news . .

Recent Posts

The Last Date for Encashment of Withdrawn Prize Bonds Extended 

Karachi, December 27, 2022 (PPI-OT):The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the government had fixed deadline of June 30, 2022, for redemption/encashment of these prize bonds, however, considering

Old Design Large Size Banknotes cannot be exchanged after 31 December 2022: SBP

Karachi, December 26, 2022 (PPI-OT):The Federal Government vide Gazette Notification F.No.2(1)IF-III/2010 dated December 23, 2021, had extended the last date for exchange of old design large size banknotes of Rs 10, 50, 100 and 1000 by one year. The holders of these old design large banknotes have been given the

Digital Payments continue to show rising trend during FY21-22

Karachi, December 23, 2022 (PPI-OT):Annual Payment Systems Report for the fiscal year 2021-22 is released today by the State Bank of Pakistan (SBP) which presents major developments in the payments eco-system of the country accompanied by overall summary of transactions. In continuation of its efforts to promote and enhance digital

Deposit Protection Corporation Issues Annual Report for FY22 

Karachi, December 23, 2022 (PPI-OT):Deposit Protection Corporation (DPC), a subsidiary of State Bank of Pakistan, has issued its second Annual Report today, covering its activities for FY22. The report has been issued with the objectives to further enhance public awareness regarding explicit but limited protection of deposits in the banking

CBD Punjab Value Added Rainwater Harvesting Tank in Kalma Chowk Remodelling Project

Lahore, December 23, 2022 (PPI-OT):Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District (CBD Punjab), has planned to build a Rainwater Harvesting Tank at Saint Marry Park Lahore. This initiative is a valuable addition to the authority’s existing project of CBD Punjab Boulevard and Kalma Chowk