Economic red flag: Govt borrowings rise, private sector’s fall
- 18-Sep-2024
KARACHI: In the first half of 2024, government borrowing increased while the private sector saw a continued decline in borrowing from banks, according to the State Bank of Pakistan’s (SBP) mid-year review. This reflected subdued demand for credit owing to stagnant growth amid an unconducive business environment in the country. The private sector lending contracted […]
Ambani’s Reliance Capital to exit lending business, shares hit two-decade low
- 30-Sep-2019
Indian financial services company Reliance Capital will exit the lending business, group Chairman Anil Ambani said on Monday