Professional Documents
Culture Documents
Banking Issues
Presented By : Waqas
Khan
Introduction
To be discuss some Issue with current information in banking. These Issues are about: Profit on saving account Withdrawal Limits on saving account. Short term and long term loan. Rate of interest on loan Secure Loan Intra Bank cheque. Interest Rate decrease in Monitory Policy 2012. Punishment on Dishonoring of Cheque.
Important Issues
Which Bank Providing highest Markup on Saving Account? Withdrawal limit on saving account. Tenure of short term and Long term Loan and Difference in their rate of interest. Issues of rate of interest. Secure loan under bailment of property documents. Issue of Intra Bank Cheque. Views on Rate of Interest decrease by State Bank Of Pakistan. Dishonouring of Cheque
Rate of Interest 5%
6% 7.19% 5% 6% 6% 9.5%
On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance On Average monthly minimum maintaining balance
9.50%
7.19% 6% 5% 5% 6% 6%
MCB
Standard Chartered
Summit Bank
Yaseen Anwar blamed the electricity crisis to be the main driver of economic instability. He said that the private sector credit was affected the most as a result of this crisis. So SBP slashed the rate of interest to increase the credit of Private sector.
In my Views the decision to decrease mark up rate from 12% to 10.5% is essential for reviving the business activities, encourage new investments which would ultimately improve the economic growth of the country.
Dishonouring of Cheque
[Pakistan Penal Code (XLV of 1860) Section 489-F]
Thank You
CREDITS:
Special Thanks To: Sir Kamran Khan. Mrs. Shehrish Rizvi Mr. Ahsan (Manager Finance UBL) UBL Bank HBL Bank Jauhar Degree College