State Bank’s blind spot
IN its latest State of the Economy report, the State Bank has an interesting chapter on inflation dynamics in Pakistan that is worth a close read. It is an ambitious…
Banking crisis scars struggling US real estate stocks
US real estate stocks are struggling this year after a rough 2022, as fears that banks will tighten lending standards pile pressure on a sector already hit by higher interest…
‘New’ State Bank of Pakistan
The way the State Bank of Pakistan (Amendment) Bill, 2022 (“Bill,” when enacted: “Act”) was railroaded through the Assembly and the Senate to appease the International Monetary Fund (IMF), with…
Turkey’s state banks likely to follow central bank and slash rates
Turkey's state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of the plan, following last week's…
State Bank Act amendments
LET me start with a disclaimer. I will not venture an opinion in this article on whether the proposed amendments to the State Bank Act are good or bad. I…
State Bank independence
THE last few weeks have seen a proliferation in the public debate on central bank independence (CBI), triggered by the government’s submission to parliament of proposed amendments to the State…
State Bank crush HEC to lift Patron`s Grade-II title
In a stunning turnaround, the State Bank of Pakistan secured an emphatic victory over the Higher Education Commission (HEC) by a huge margin of 499 runs to clinch the Patron`s…
Saad hits second ton as State Bank grind HEC into dust
Saad Ali led from the front with his second century of the match and Umar Waheed also reached three figures as the State Bank of Pakistan shut the doors on…
State Bank face unheralded HEC in Patron’s Trophy final
The State Bank of Pakistan will be ‘red-hot’ favourites to clinch the Patron’s Trophy Grade-II cricket title when they meet the Higher Education Commission (HEC) in the four-day final at…
Tax on bank transactions and status of G-B
Withholding is an act of deductions or collections of tax at source according to Income Tax Ordinance, which has generally been in the nature of an advance tax payment. It…
