04-27-2007, 05:46 PM
Very useful discussion indeed.
Recently there was hue and cry from many sectors regarding the interest on the deposits paid to the account holders. Generally now a days banks are lending at the rate of 13% to 18% (off course depending on who is borrowing the money) and on the other hand the maximum return to the deposit holders is about 11% (and that too on long term deposits). I think the average rate is 8% to 9%.
SBP should initiate some concrete steps to narrow the gap.
Recently there was hue and cry from many sectors regarding the interest on the deposits paid to the account holders. Generally now a days banks are lending at the rate of 13% to 18% (off course depending on who is borrowing the money) and on the other hand the maximum return to the deposit holders is about 11% (and that too on long term deposits). I think the average rate is 8% to 9%.
SBP should initiate some concrete steps to narrow the gap.
