MUMBAI: India will set up a bank to facilitate funding for the small entrepreneurs that make up the backbone of the country's economy, Finance Minister Arun Jaitley said in his budget speech on Saturday.
The MUDRA Bank will refinance microfinance institutions under a Prime Ministerial scheme, he said, allocating 200 billion rupees ($3.24 billion) to the plan.
"Just as we are banking the unbanked, we are funding the unfunded," Jaitley said in his budget for the fiscal year to March 2016.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 29
|
278.13
|
|
USD PKR Interbank Buying
/ Nov 29
|
278.03
|
|
USD to Japanese Yen
/ Nov 29
|
149.77
|
|
USD to Swiss Franc
/ Nov 29
|
0.88
|
|
Pound Sterling to USD
/ Nov 29
|
1.27
|
|
Euro to USD
/ Nov 29
|
1.06
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 29
|
6,032.38
|
|
India Sensex
/ Nov 29
|
79,802.79
|
|
Tokyo Nikkei
/ Nov 29
|
38,208.03
|
|
Nasdaq
/ Nov 29
|
19,218.17
|
|
Hang Seng
/ Nov 29
|
19,423.61
|
|
FTSE 100
/ Nov 29
|
8,287.30
|
|
Dow Jones
/ Nov 29
|
44,910.65
|
|
Germany DAX 30
/ Nov 29
|
19,626.45
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Nov 29
|
68
|
|
Gold 10 Grams PKR
/ Nov 29
|
237,740
|
|
Gold Spot USD/Ounce
/ Nov 29
|
2,643.15
|
|
Cotton US¢/pound
/ Nov 29
|
71.93
|
|
Petrol/Litre
/ Nov 30
|
248.38
|
|
Karachi Cotton PKR/37.32 KG
/ Nov 30
|
17,685
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 30
786 Investments Limited(786)
|
7.20
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 30
Al-Abbas Sugar Mills Limited(AABS)
|
621.98
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 30
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 30
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 30
Ali Asghar Textile Mills Limited(AATM)
|
68.33
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 30
Allied Bank Limited(ABL)
|
143.75
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 30
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,092.36
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 30
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 30
Alfalah Consumer Index ETF.(ACIETF)
|
12.66
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 30
786 Investments Limited(786)
|
7.20
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 30
Al-Abbas Sugar Mills Limited(AABS)
|
621.98
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 30
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 30
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 30
Ali Asghar Textile Mills Limited(AATM)
|
68.33
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 30
Allied Bank Limited(ABL)
|
143.75
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 30
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,092.36
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 30
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 30
Alfalah Consumer Index ETF.(ACIETF)
|
12.66
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
B.O.Punjab
/ Nov 30
The Bank of Punjab(BOP)
|
95,056,818
▲ 0.00
|
|
K-Electric Ltd.
/ Nov 30
K-Electric Limited(KEL)
|
55,535,090
▲ 0.00
|
|
Sui South Gas
/ Nov 30
Sui Southern Gas Company Limited(SSGC)
|
44,802,561
▲ 0.00
|
|
Bank Makramah
/ Nov 30
Bank Makramah Limited(BML)
|
33,703,641
▲ 0.00
|
|
P.T.C.L.
/ Nov 30
Pakistan Telecommunication Company Ltd(PTC)
|
32,551,968
▲ 0.00
|
|
Waves Home Appliances
/ Nov 30
Waves Home Appliances Limited(WAVESAPP)
|
32,094,183
▲ 0.00
|
|
Hascol Petrol
/ Nov 30
Hascol Petroleum Limited(HASCOL)
|
27,538,280
▲ 0.00
|
|
Symmetry Group
/ Nov 30
Symmetry Group Limited(SYM)
|
26,652,379
▲ 0.00
|
|
WorldCall Telecom
/ Nov 30
Worldcall Telecom Limited(WTL)
|
25,274,872
▲ 0.00
|
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