SBP provides Rs 11 billion to banks

Updated on

30 Nov -1, 00:00:00 LMT

Summary

State Bank of Pakistan has provided Rs 11 billion to the banks to inject funds into the Money Market. The central bank had received Rs 36.10 billion for re-buying T bills and Pakistan Investment Bonds. The bank has re-bought T bill and PIBs to mop up the financial deficiency in the money market.