Tag: Dec

Banks distributed Rs220b loans in July-Dec time

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STAFF REPORT KHI: Local banks’ agriculture credit disbursement rose up to 38 per cent to Rs219.5 billion during the first half (July-Dec) of this fiscal year from Rs159.4 billion in the same period last year, reveal the State Bank of Pakistan. The amount disbursed is 44 per cent of Rs500bn target set for this fiscal year. Among the major banks, the Muslim Commercial Bank achieved 64.3 per cent of its annual target; UBL, 55.2pc; HBL, 51 per cent; ABL, 37.6 per cent while NBP could…Read More

UVAS convocation on Dec. 30

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STAFF REPORT LHR: The 5th convocation of the University of Veterinary and Animal Sciences (UVAS) Lahore is going to be held on December 30. Chancellor and Governor Punjab Ch Muhammad Sarwar will preside over the convocation. The decision to hold the convocation has been taken a recently held a meeting of subcommittees of the convocation with Vice-Chancellor Prof. Dr. Talat Naseer Pasha in the chair and also reviewed preparation for the convocation…Read More

Telcos lose 1.65 million customers in Dec 2012

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STAFF REPORT LHR: Pakistan telecommunication sector lost its 1.65 million customers from December 2012, due to data clean-up of un-registered SIMs, recently revealed by Pakistan Telecommunication Authority (PTA).The stats issues by the PTA mentioned that the notable rate of reduction in telecom customers is due to the data clean-up and ban on sale of SIMs through retailers’ network. On directions of the Ministry of Interior, the PTA - had directed all telecom operators they can sell new SIMs…Read More