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The State Bank of Pakistan (SBP) has allowed banks to undertake lockers operation on Saturdays. Previously, banks and Microfinance Banks (MFBs) were inter alia allowed to carry out certain permissible activities on Saturdays. Henceforth, banks / MFBs are allowed to undertake locker operations as permissible activity on Saturdays, said BPRD Circular Letter No 11 of 2016. According to SBP, all other instructions on the subject shall, however, remain unchanged.

Copyright Business Recorder, 2016

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