Pakistan to Replace Rs10 Note with Coin
The federal cabinet is considering replacing the ten-rupee note with a coin to save billions over the next decade. A report by the State Bank of Pakistan (SBP) and Pakistan Security Printing Corporation (PSPC) highlighted that a ten-rupee note lasts only 6 to 9 months, while a coin can last 20 to 30 years. Currently, […]
Banks Report Rs671 Billion Profit in 2025
Pakistan’s banking sector posted combined profits of Rs671 billion in 2025, marking an 11% year-on-year growth, according to a report by Topline Securities. The growth was mainly driven by a significant decline in interest expenses, which offset lower interest income in a low policy rate environment, boosting overall net interest income (NII). United Bank Ltd […]