Karachi: JS Bank has partnered with Instant Cash to introduce Pakistan’s first door-to-door remittance service, JS GharPay. The service allows recipients to receive funds directly at their homes, eliminating the need for visits to bank branches or age…
Karachi: VIS Credit Rating Company Ltd. has reaffirmed the Broker Fiduciary Rating of Darson Securities (Private) Limited at BFR3+, signifying the company’s good fiduciary standards. The outlook remains stable, as announced in the previous rating acti…
Karachi: VIS Credit Rating Company Limited has finalized an A1 instrument rating for the Short Term Sukuk issued by RYK Mills Limited. The rating reflects a strong likelihood of timely repayment of short-term obligations, supported by excellent liquid…
Karachi: VIS Credit Rating Company Limited has placed the ratings of Mehboob Steel Pipe Industry under ‘Under Review’ status due to pending detailed information required to conclude the review process. The ratings have been under surveillance for the …
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Umar Spinning Mills Private Limited (USMPL) at ‘BBB+/A2’. These ratings indicate an adequate credit quality for medium to long-term obligations and a good likelihood of ti…
Karachi: Gold prices in Pakistan saw a significant increase on Tuesday, reflecting a broader trend in the international market. According to the All Pakistan Sarafa Gems and Jewellers Association, the price for one tola of 24 karat gold rose by Rs. 5,…