The amortization period of the loan is one year, and the rate of interest is 6 to 7 percent. Commercial banks typically lend ...

As anticipated, the State Bank of Pakistan’s ( SBP) Monetary Policy Committee (MPC) has reduced the policy rate by 100 basis ...

The State Bank of Pakistan (SBP) is expected to announce its sixth consecutive interest rate cut after inflation has reduced. Pakistan's inflation has eased to 4.1 percent in December, paving the way ...

Although the difference between the interest rates charged by different lenders is not large, even a small difference of 50 ...

Leaders say single digit rate is crucial as businesses require loans at lower rates to establish international presence ...

KARACHI: Trade and industry leaders appear divided on a possible cut in the interest rate on Monday as some believe that the ...

KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has urged the ...

This lower-interest alternative to a credit card splits up purchases into equal payments over time, but it has downsides.

State Bank of India (SBI) has announced the latest marginal cost of funds-based lending rates (MCLR) on loans for the period ...

Small businesses owned by people of color and women face higher interest rates on loans, which can affect competitiveness in ...

State Bank of India has released SBI SCO Interview Admit Card 2024. Candidates who want to appear for Specialist Cadre Officers interview round can download the admit card through the official ...

The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61 percent, while the average used car loan interest rate was 11.74 percent. Your credit score plays a ...