News
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Banks allowed to install off-site ATMs
KARACHI (June 28 2003) : The State Bank has allowed banks to install off-site ATMs for dispensation of cash only.…
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State Bank clarification on quarterly report
KARACHI (June 28 2003) : The State Bank of Pakistan on Friday issued the following clarification regarding its third quarterly…
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State Bank invites proposals on draft consumer finance rules
KARACHI (June 28 2003) : The State Bank has invited suggestions and views on Draft Prudential Regulations for Consumer Finance,…
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KPMG manager sues his firm over reassignment
A senior manager of KPMG is suing the world's third-largest accounting firm for putting him on administrative leave after he…
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SECP penalises two chartered accountant firms
The Securities and Exchange Commission of Pakistan (SEC) has imposed penalties on two practicing chartered accountants, namely M/s Arman &…
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State Bank extends period for banks' export financing limits
KARACHI (June 26 2003) : The State Bank has allowed banks to avail refinance against limits sanctioned in banks' favour…
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State Bank directive for printing cheque books
KARACHI (June 26 2003) : The State Bank on Wednesday said that instances have been noted during the recent past…
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Banks and DFIs asked to ensure returns payable to investors and depositors based on Shariah
KARACHI (June 26 2003) : The State Bank has authorised banks and development financial institutions (DFIs) to determine, on their…
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Maintenance spares and consumable parts excluded from tax relief
ISLAMABAD (June 26 2003) : Rectifying an anomaly, the Central Board of Revenue (CBR) has excluded maintenance spares and consumable…
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Lawsuit vs Andersen in WorldCom case can proceed
NEW YORK, June 25 (Reuters) – A district judge in the US has denied defunct accounting firm Andersen's request to…
