KARACHI: For the first time in Pakistan’s history, a senior Malaysian banking delegation visited Meezan Bank in a landmark initiative to study its successful Islamic banking model. The visit ...

KARACHI: Meezan Bank ... Effective tax rate of bank clocked in at 55percent in 1Q2025 compared to 52percent in 1Q2024 and 58percent in 4Q2024.On balance sheet side, Deposits grew by 11percent ...

Bank deposit insurance is a foundational safety net designed to protect depositors—the primary providers of capital to banks. It plays a crucial role in maintaining public trust and ensuring ...

In a tenure of 444 days, IDBI Bank has cut fixed deposit interest rates from 7.35 to 7.25 percent per annum. In a tenure of 555 days, the bank has cut its interest rates from 7.40 to 7.30 percent.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

IndusInd Bank Ltd shares slipped below Rs 700 level in Friday's trade, after rising in the previous three sessions, as foreign brokerage UBS retained its 'Sell' call on the private lender ...

However, people who lost their valuables from 42 bank lockers during the heist are yet to hear back from the authorities about their missing deposits. So far, police have recovered about 6 kg of ...

Average CASA deposits grew 5.7 per cent year-on-year to Rs 8,28,900 ... to focus on recovery in margins as well as strategic liability management. The bank reported 2.21 per cent increase in ...

State-owned Bank of Baroda on Monday announced that it has made key changes to its fixed deposit (FD) offerings. According to a press release on Monday, the bank has launched a new FD option named ...

Shares of Kotak Mahindra Bank Ltd. 500247 slid 1.20% to 2,145.25 Indian rupees Tuesday, on what proved to be an all-around rough trading session for the stock market, with the BSE SENSEX Index 1 ...

Shares of Kotak Mahindra Bank Ltd. 500247 dropped 1.05% to 2,131.90 Indian rupees Thursday, on what proved to be an all-around poor trading session for the stock market, with the BSE SENSEX Index ...

(Reuters) -India's central bank on Monday directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally linked deposits, with a one-year compliance deadline, marking the latest in ...