KARACHI: The Federal Reserve Board, US has announced the termination of the enforcement actions against the National Bank of Pakistan (NBP), a bourse filing said on Friday.
The NBP, in a notice sent to the Pakistan Stock Exchange (PSX) said that the Federal Reserve Board cancelled the two significant enforcement measures it had previously enforced. These include the February 22, 2022 cease and desist order against the NBP’s headquarters in Karachi and its branch in New York, which was formally revoked on December 2, 2024. Furthermore, the written agreement dated March 14, 2016, regarding the NBP’s Karachi operations and its New York branch, came to an end on December 17, 2024.
Rajab Butt has been embroiled in controversy for years, including over his brief custody of lion cub
Strict actions were also ordered against drivers charging fares higher than official rates
In contrast, daily allowance has also been raised to INR2,500 from Rs2,000 earlier, notification states
On Tuesday, Bangladesh Army strongly refuted an India Today report, calling it false and baseless
Inflation had fallen to 9.32% in February, lowest level in 22 months, Yunus said, and he hoped it would drop below 8%...
Prof Jamal pointed out that parents of premature babies often struggle to afford specialised formula
