Tag Archive: Banks

Govt may withdraw deposits if banks levy service charges

The government may withdraw its deposits, in billions, from different commercial banks to avoid the anticipated levy of service charges, it is learnt. At the moment, the finance ministry is contemplating upon various options, including withdrawal of billions of rupees deposits, from the commercial bank to bar them levying services charges on accounts holders of 1.5 ...

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Banks propose changes in prudential regulations

Banks want to impose 30 percent margin on listed companies share financing. Besides this banks want their exposure in share markets to be protected by imposing eight new safeguards. Sources of banking industry said on Monday that keeping best international practices in view the banks have drafted five major changes in prudential regulations meant for share ...

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Small investors suffer losses due to lack of knowledge

There must be thousands of women with beautiful faces that have thought of going to Lahore and become an actress some end up as extras some in the notorious bazaar. The same is the case in Karachi, any person with a few thousand rupees to spare thinks of going to the stock market and become ...

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