KARACHI: To meet the increasing demand for fresh banknotes on the occasion of Eid-ul-Azha 2016, SBP Banking Services Corporation (BSC) made elaborate arrangements with a focus to cover maximum stakeholders including the general public.
According to the SBP, it issued fresh banknotes of Rs161 billion as compared to Rs116 billion issued on previous Eid-ul-Azha. This included lower denomination notes (up to Rs100) of Rs20 billion and higher denomination banknotes (Rs500 and above) of Rs141 billion, which is meant for heavy payments & ATM needs of commercial banks. To ensure maximum issuance, all 16 field Offices of the SBP BSC issued fresh notes to the general public from its counters before Eid ul Azha. In addition to this, the commercial banks were also issued lower denomination fresh bank notes worth Rs18 billion to disburse the same to the public and their accounts holders.
In a dramatic turn of events, top leadership of Pakistan Tehreek-e-Insaf (PTI) has reached…
As PTI convoys from across the country kept on marching Islamabad for the party's much-touted…
Prime Minister Shahbaz Sharif has instructed the speakers of the national assembly and Punjab's provincial…
Following the government's efforts to ease tensions in Kurram, a ceasefire was agreed between the…
In a worrying development, Pakistan's poliovirus tally has reached 55 after three more children were…
Leave a Comment