Four Militants killed in Wana
December 31, 2009 by Trend PK
Filed under Breaking News
MINGORA/WANA, Pakistan News: Four Militants killed in Wana, In Barikot division of Swat, 4 extremists were killed during a clash with the security forces; where as 4 other got killed in the private hospital of Wana bazar during the commando action of security forces, where as 27 got arrested.
Four Militants killed in Wana was first posted on December 31, 2009 at 11:44 am.
Conditions on banks regarding wheat procurement financing withdrawn
November 11, 2009 by Trend PK
Filed under World News
KARACHI: State Bank of Pakistan (SBP) has withdrawn with immediate effect conditions placed on Commercial banks for providing financing facilities to the private sector with regard to procurement of wheat. Banks are now free to extend financing facilities to the private sector for procurement of wheat keeping in view their lending policies, business consideration, risk profile of the borrowers and compliance with SBP regulations, said SBP circular (SMEFD No-15) issued here on Tuesday. Earlier this year, the State Bank had placed several conditions on banks, which, inter alia, included fresh financing to the edible borrowers (licensed functional flour mills only) against pledge of fresh indigenous wheat only, cash margin restrictions and adjustment of loans by January 31, 2010.
KARACHI: State Bank of Pakistan (SBP) has withdrawn with immediate effect conditions placed on Commercial banks for providing financing facilities to the private sector with regard to procurement of wheat.
Banks are now free to extend financing facilities to the private sector for procurement of wheat keeping in view their lending policies, business consideration, risk profile of the borrowers and compliance with SBP regulations, said SBP circular (SMEFD No-15) issued here on Tuesday.
Earlier this year, the State Bank had placed several conditions on banks, which, inter alia, included fresh financing to the edible borrowers (licensed functional flour mills only) against pledge of fresh indigenous wheat only, cash margin restrictions and adjustment of loans by January 31, 2010.
