India ramps up support for faltering rupee after holding fire on rates Published 05 Jun, 2026 11:27pm The measures include scrapping capital gains tax for foreign holders of government bonds
Apna Ghar Programme: Meezan Bank surpasses Rs1bn disbursements Published 05 Jun, 2026 06:30am KARACHI: Meezan Bank’s easy home finance has achieved a significant milestone under the Prime Minister’s Apna Ghar...
Indian central bank's heavy FX swaps drag premiums to 2-month low ahead of policy Published 04 Jun, 2026 08:28pm One-year hedging costs have dropped from the mid-May peak of 3.50% to 2.92%
India tightens checks on overseas flows as currency pressure mounts, sources say Published 03 Jun, 2026 05:55pm India’s capital account is only partially open. Companies can invest abroad through the overseas direct investment route
BankIslami partners with Surayya Azeem Waqf Teaching Hospital Published 03 Jun, 2026 02:34am KARACHI: BankIslami partners with Surayya Azeem Waqf Teaching Hospital to strengthen healthcare access for Punjab’s...
India's state-run REC, SIDBI eye floating-rate bond sales before RBI decision, sources say Published 29 May, 2026 07:35pm Small Industries Development Bank of India may raise 30 billion rupees through bonds maturing in about three years
Indian central bank's FX trading gains surge 52% to $17.7 billion in FY26, boosting income Published 29 May, 2026 06:58pm Reserve Bank of India’s balance sheet expands by 20.61% to 91.97 trillion Indian rupees as of March 31, 2026
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say Published 29 May, 2026 06:35pm The flows for fiscal 2026 grow 16%, largely due to a reduction in the goods and services tax.
India's RBI plans expansion of digital rupee through welfare schemes, cross border payments Published 29 May, 2026 06:10pm The move comes as India seeks to broaden the use of the digital Indian rupee and explore its role in cross-border payments
India's forex reserves fall to over one-year low as central bank mounts Indian rupee defence Published 29 May, 2026 05:39pm The $7.5 billion decline is largely due to a $4.5 billion fall in the value of the central bank’s gold holdings
BOJ's net income falls due to higher interest payments on reserves Published 27 May, 2026 02:01pm The BOJ thus pays 0.75% interest on the excess reserves financial institutions park with the central bank
Soneri Bank wins DEI Benchmark Awards 2026 Published 27 May, 2026 03:13am KARACHI: Soneri Bank, one of the leading commercial banks in Pakistan, was recognized at the Global Diversity,...
BankIslami launches FOCUS to accelerate financing Published 26 May, 2026 04:53am KARACHI: BankIslami has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a...
SBP delegates foreign share registration powers to ADs to ease investment flows Published 25 May, 2026 04:44pm SBP delegates foreign share registration to banks and launches a digital system, streamlining investment for global capital
Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say Published 25 May, 2026 04:32pm 'The RBI is comfortable at bearing 150 basis points of the hedging cost, which should make the dollar borrowing cheaper than local fundraise'
Bangladesh central bank unveils $4.9 billion in stimulus as growth slows Published 23 May, 2026 11:27pm DHAKA: Bangladesh’s central bank on Saturday announced a 600 billion taka ($5 billion) stimulus package to revive...
Bank holidays Published 23 May, 2026 05:43am KARACHI: The State Bank of Pakistan (SBP) and all banks will remain closed from 26th to 28th May, 2026 (Tuesday to...
ABHI MFB to establish super agent network across country Published 23 May, 2026 05:43am KARACHI: ABHI Microfinance Bank Ltd. (ABHI MFB) has entered into a strategic partnership with CBA, a powerhouse...
India needs to monitor Iran war impact, RBI report says Published 22 May, 2026 09:06pm Financial conditions, crude oil prices and capital flows continue to pose challenges to external sector outlook
India's central bank sold net $9.8 billion in March as Iran war battered Indian rupee, bulletin shows Published 22 May, 2026 06:00pm RBI’s net outstanding forward dollar sales stood at $103.06 billion as of end-March
India's central bank approves 2.87 trillion Indian rupee surplus transfer to government Published 22 May, 2026 04:21pm Surplus transfer is higher than last year’s record 2.69 trillion Indian rupees
NBP secures 7 Best Practice Awards at GDEIB Awards 2026 Published 22 May, 2026 06:05am KARACHI: National Bank of Pakistan (NBP) has secured 7 Best Practice Awards at the Global Diversity, Equity and...
BankIslami launches Raast QR payments in cattle markets across Pakistan Published 21 May, 2026 01:21pm BankIslami's 'aik' enables Raast QR payments in cattle markets for Eid-ul-Azha 2026, boosting SBP's Go-Cashless drive
India to conduct $5 billion dollar/rupee swap as FX pain persists Published 20 May, 2026 10:01pm RBI has sold dollars at an estimated pace of $1 billion per day in recent sessions
India central bank's daily $1 billion FX defence struggles to turn Indian rupee tide, bankers say Published 20 May, 2026 03:54pm Bankers estimate the RBI's daily dollar sales in the spot market to be between $800 million to $2 billion in recent days
India bonds gain as oil cools on US-Iran deal hopes Published 19 May, 2026 05:39pm Benchmark 6.48% 2035 bond yield settled at 7.1101%, down 2.4 basis points
AIIB seeks private-sector financing expansion in Pakistan Published 19 May, 2026 11:43am The Asian Infrastructure Investment Bank (AIIB) has signalled plans to deepen its engagement in Pakistan by...
Indian firms turn to floating-rate debt as interest rate hikes loom Published 18 May, 2026 11:26pm MUMBAI: Some Indian firms are turning to floating-rate bonds to attract investors and manage borrowing costs at a...
Pakistan posts $324mn C/A deficit in April 2026 Updated 18 May, 2026 11:23pm Deficit follows a surplus of $1,134 million recorded in March 2026
BOJ warns of financial system risks from investment fund activity Published 15 May, 2026 12:54pm Private equity funds have increasingly facilitated business restructuring and mergers and acquisitions in Japan