money

Money supply will reach Rs40.09 trillion by November 2024 – Trendy Blogger

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Money supply will reach Rs40.09 trillion by November 2024 – Trendy Blogger

The State Bank of Pakistan (SBP) reported that the total money supply in the economy reached 40.09 trillion rupees by November 2024. This represents a modest monthly increase of 0.39% from 39.93 trillion rupees in October and a significant increase year-on-year. By 13.95% compared to 35.18 trillion rupees in November 2023. Breaking down the money … Read more

SBP grants license to EPSPL as the fifth electronic money institution – Trendy Blogger

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SBP grants license to EPSPL as the fifth electronic money institution – Trendy Blogger

Islamabad: The State Bank of Pakistan (SBP) has officially issued a license to E-Processing Systems Private Limited (EPSPL), allowing the company to begin business operations as an Electronic Money Institution (EMI). With this approval, EPSPL joins four other EMI companies – NayaPay Private Limited, Finja Private Limited, SadaPay Private Limited and Akhtar Fuiou Technologies Private … Read more