May
24
Automotive, Money & Banking, Top stories
SBP cuts car loan tenure to three years
KARACHI: The State Bank of Pakistan (SBP) on Tuesday reduced the tenure for car loan to three years from five years in order to curb demand to support balance of payment and devaluation of Pakistan Rupee (PKR). The SBP issued Circular No. 19 of 2022 to amend prudential regulations related to consumer financing. READ MORE: […]