According to SBP, the ratio of investment to deposits of banks remained at 99.4 percent till July 2024
Karachi: The State Bank of Pakistan (SBP) has released banking statistics for July 2024.
According to the State Bank, the deposits of the banks were Rs30,603 billion till July 2024, which is 1.7 percent less as compared to June 2024 while the ratio of advance deposits of the banks till July 2024 was 38.8 percent.
According to the SBP, the ratio of investment to deposits of banks remained at 99.4 percent till July 2024.
The State Bank added that the advances of the banks till July 2024 were 11,872 billion rupees and compared to June 2024, the advances of the banks have decreased by 4.5 percent.
The investment of banks till July 2024 was Rs30,431 billion and compared to June 2024, the investment of banks has increased by 0.9 percent, stated the central bank.
Meta planning sweeping layoffs as AI costs mount: report
- 3 hours ago
What are gold prices in Pakistan, global markets today?
- 4 hours ago
The global oil crisis is even worse than it looks
- 13 hours ago
How the war in Iran threatens food supply everywhere
- 13 hours ago
Trump, Xi prepare to meet amid Iran war, uncertain goals
- 4 hours ago
The Iran war is not a video game
- 13 hours ago
China urges Pakistan, Afghanistan to resolve tensions via talks, not force
- 3 hours ago
Nurse practitioners are rushing in to fill the gaps in US health care
- 13 hours ago
A US atrocity in Iran, briefly explained
- 4 hours ago
Mehidy ignites ‘sportsman spirit’ row after controversial run-out
- 4 hours ago
Fox out of Players Championship with illness
- 14 hours ago
Trump’s open-ended war, briefly explained
- 13 hours ago
