Loans WriteOffs
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The State Bank informed the Supreme Court on Tuesday that commercial banks had written off loans of up to Rs256 billion of more than 669,000 people over a period of about 40 years.
After taking suo motu notice of press reports that the central bank had quietly allowed commercial banks to write off loans [...]
Beautiful Coincidence of 16th Dec – NRO
“History repeats itself”, this proverb has been proved wrong when Supreme Court of Pakistan announced NRO, null and void. Whereas, the history was on the same day of December in 1971 the same court order the division of Pakistan. But after 38 years the same court on the same day decided to give the due [...]
