SBP Directs Banks to Expand Cash Deposit Machines for Digitization and Self-Service Banking
The State Bank of Pakistan has directed all commercial banks to expand the installation of Cash Deposit Machines (CDMs) across 25% of their branches by 2028, aiming to boost digitization, enhance customer convenience, and strengthen self-service banking channels.
Aurangzeb Chairs Inaugural Inflation Steering Committee Amid Flood-Driven Food Price Pressures
Finance Minister Muhammad Aurangzeb chaired the first meeting of the newly formed Steering Committee on Inflationary Trends, focusing on rising food prices, disrupted supply chains, and strategies to protect vulnerable households following recent floods.
Govt Seeks SBP Review on Rs3.5 Billion Raast QR Subsidy Impact
The government has tasked the State Bank of Pakistan to prepare a detailed report on the Rs3.5 billion Raast QR subsidy, assessing its impact on merchant adoption, transaction volumes, and the growth of digital payments.
SBP Orders Banks to Deploy Cash Deposit Machines Nationwide by 2028
The State Bank of Pakistan has directed commercial banks to install Cash Deposit Machines across 25% of their branch network by 2028 to promote self-banking, enhance customer convenience, and strengthen digital infrastructure.
SBOTS-27 Concludes with Closing Ceremony at NIBAF, Celebrating Future Leaders of Pakistan’s Financial Sector
The closing ceremony of the 27th State Bank Officers Training Scheme (SBOTS-27) was held at NIBAF Pakistan, Islamabad, celebrating the achievements of participants and highlighting the institute’s commitment to developing future leaders for Pakistan’s financial sector.
SBP Injects Over Rs266 Billion Through OMO to Ease Market Liquidity
The State Bank of Pakistan has injected Rs266.6 billion into the banking system via reverse repo and Shariah-compliant Modarabah-based Open Market Operations to address liquidity needs.
NIBAF Pakistan Hosts Islamic Banking Professional Development Program 2025 in Karachi
NIBAF Pakistan is conducting a five-day Islamic Banking Professional Development Program in Karachi, bringing together officers from SBP and commercial banks to strengthen expertise in Islamic finance and Shariah-compliant practices.
NIBAF Holds Training on Income Tax Laws and Filing Procedures for Banking Professionals
NIBAF Pakistan organized a one-day training program on income tax laws and filing procedures for officers from SBP and commercial banks, equipping them with practical insights into regulatory compliance and taxation frameworks.
NIBAF Launches Mid-Career Management Development Program 2025 in Karachi
NIBAF Pakistan has initiated a three-week Mid-Career Management Development Program in Karachi, aimed at strengthening leadership, strategic thinking, and managerial capabilities of SBP and SBP-BSC officers.
SBP Injects Rs554 Billion Through OMO to Stabilize Banking Liquidity
The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah-compliant Modarabah-based Open Market Operation (OMO), injecting a total of Rs554 billion to address liquidity needs in the financial system.