Pakistan News

    Private Finance Loans In Hyderabad Dhola

  • ECB policies working as loans to private sector grow

    FRANKFURT: Loans to the private sector in the euro area, a gauge of economic health, have started growing again, suggesting the European Central Bank’s monetary policy is beginning to work, ECB data showed on Wednesday...

    After long months of contraction, the volume of loans to private businesses and households increased by 0...

  • Private sector loans growing fast in eurozone: ECB

    FRANKFURT: The volume of loans to the private sector in the euro area expanded in October, with a bigger bounce recorded than the previous month, ECB data showed on Thurs­day, suggesting a massive stimulus programme may be working...

    During October, loans accorded rose 1 per cent from a year ago, compared with a growth of 0...

  • No fresh borrowing: private sector retiring loans

    KARACHI: After setting a record in 2015-16, private-sector credit off-take has fallen sharply since the beginning of the new fiscal year...

    A report released by the State Bank of Pakistan (SBP) about money supply showed private-sector credit off-take in the first two months of this fiscal year was negative Rs227 billion...

  • Loans to private sector drop by Rs100bn

    KARACHI: Credit off-take by the private sector witnessed a steep fall in the first half of the current fiscal year, indicating a slowdown in economic growth...

    A recent report by the State Bank of Pakistan (SBP) shows that loans taken by the private sector fell by 28 per cent or Rs100 billion in July-December on a year-on-year basis...

  • Anti-poverty groups question private finance for development

    WASHINGTON: Gover­nments increasingly are turning to private investors to build infrastructure and deliver public services, but European anti-poverty groups question the benefits of relying on this financing tool to achieve development goals...

    These projects, known as public-private partnerships (PPPs), are often very costly, the public sector takes on most of the risk, and secrecy often shrouds how PPPs are negotiated and managed,...

  • Punjab private schools ordinance: Steps to regulate private institutes at long last

    LAHORE: Responding to the public outcry over enhanced fees, the Punjab government on Saturday promulgated the Punjab Private Educational Institutions (Promotion and Regulation Amendment) Ordinance 2015 to regulate the affairs of the private schools...

    A good number of parents of students seeking education in private schools have been protesting in Islamabad, Lahore, Karachi and elsewhere against the owners of the institutions for...

  • Lawyer asks for details of loans obtained, written off by LHC CJ

    ISLAMABAD: A Rawalpindi based lawyer on Monday filed a petition in the Islamabad High Court (IHC) seeking details of the loans that the incumbent chief justice of the Lahore High Court (LHC) Justice Mansoor Ali Shah has obtained for his textile mills and those he has gotten written off...

    Mr Dar has cited the finance ministry secretary, chairman Securities and Exchange Commission of Pakistan (SECP), chairman Federal Board of Revenue...

  • More seniors are taking loans against their homes — and it’s costing them

    An increasing number of seniors are facing foreclosure after taking out reverse mortgages, either because they fell behind on property charges or failed to meet other requirements of the loans...

    The federal Department of Housing and Urban Develop­ment, says it lacks detailed data on how many homeowners have lost their homes or are facing foreclosure in the program, which was launched in 1989 and covers about 636,000 loans...

  • NA committee asks why lawmakers are refused loans, credit cards

    ISLAMABAD: The Na­tional Assembly’s Stan­ding Committee on Rules of Procedures and Privile­ges on Friday decried a lending policy of commercial financial institutions barring parliamentarians from obtaining credit cards or drawing loans, and demanded that the State Bank explain the rationale behind this policy...

    The issue was raised on a question of privilege raised by MNA Ghulam Sarwar Khan who wanted to know why banks avoided...

  • ‘Diyyat loans’ coming up for convicts

    Soft loans offered on a very low interest rate could be a help for such people...

    Senior lawyer Noor Alam Khan, who works for the rights of jail inmates by running an organisation, Voice of Prisoner, said instead of soft loans, such prisoners should be given interest-free loans, which the Zakat Council could arrange, or else there should be some way to help such persons with Zakat...

  • Bank farm loans rise 27pc to Rs326bn

    KARACHI: Banks disbursed Rs326 billion in loans to the agriculture sector during the first nine months (July-March) of this fiscal year, a growth of 27...

    The outstanding portfolio of agri loans has also surged by Rs31...

  • NBP to disburse Sharia-compliant youth loans

    He said the pace of loan disbursement under the scheme has slowed down, adding that the interest-based nature of loans is also a hurdle...

    The bank is rescheduling around Rs17bn loans extended by its Bangladesh branchNBP gets the differential on interest from the Ministry of Finance...

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