Business articles

NIT announces interim result for FY 2016-17

KARACHI National Investment Trust Limited (NITL), the largest asset management company of Pakistan has declared interim distribution for all Funds under its management for the year ending June 30, 2017. The announcements

SBP revises guidelines on outsourcing arrangements

Karachi: The State Bank of Pakistan (SBP) has revised the ‘Guidelines on Outsourcing Arrangements’ with the objective of enabling financial institutions (FIs) including commercial banks, microfinance banks and development finance institutions (DFIs)