Karachi: The State Bank of Pakistan has established a lending ceiling, setting a limit of 142,500 for a single borrower, applicable to just one financial institution as of October 15, 2025. This move aims to regulate and standardize borrowing practice…
Karachi: The State Bank of Pakistan extended significant liquidity support to financial institutions through its overnight reverse repo facility, according to a recent release by the central bank’s Domestic Markets and Monetary Management Department. …
Lahore: Mughal Iron and Steel Industries Limited, a key figure in the steel sector, has received a preliminary rating from the Pakistan Credit Rating Agency (PACRA) for its upcoming funding endeavor. The rating assesses a PKR 1.5 billion debt instrume…
Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a strategic acquisition and partnership aimed at enhancing offshore exploration in Pakistan. The company has entered into a farm-out agreement to acquire a 20% working interest i…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Money Market Fund (ABL MMF), underscoring its commitment to preserving capital while delivering competitive returns. The Fund, characterized by i…
Karachi: The KSE100 index experienced a modest uptick, closing at 165,686.38, marking an increase of 210.36 points or 0.13 percent. In contrast, the KSE30 index saw a slight decline of 111.60 points, settling at 50,923.16, a decrease of 0.22 percent f…