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In 2023, Thimphu dzongkhag court sentenced the manager responsible for Druk PNB's ATMs, to nine years and six months for embezzling over Nu 10 million from nine ATMs in the capital. [ 2 ] In 2022, The High Court of Bhutan upheld the Thimphu Dzongkhag court 's verdict, sentencing a senior executive of Druk PNB, to three years in prison for ...
Punjab National Bank (abbreviated as PNB) is an Indian government bank based in New Delhi. [5] It was founded in May 1894 and is the second-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs .
The Prime Minister's Youth Programme is a special initiative launched by the Pakistani government in 2013 - 2018. The Youth Programme comprised several schemes including Prime Minister's Interest-Free Loan Scheme, Prime Minister's Youth Business Loans, Prime Minister's Youth Training Scheme, Prime Minister's Youth Skills Development Scheme, Prime Minister's Scheme for Provision of Laptops and ...
Time in business: 6 months to 1 year. Online loans also have fast funding speeds, as quick as 24 to 48 hours. This makes them ideal if you need funds quickly to cover a cash flow gap or emergency ...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
These losses were particularly alarming given that the total loan portfolio prior to the crisis was Rs134 billion. [2] The 2011 financial statements also noted an additional Rs33.1 billion in non-performing loans that were exempt from provisioning by the State Bank of Pakistan, due to an implicit guarantee from the Punjab government. [2]
Prior to independence, the Reserve Bank of India acted as the central bank for what became Pakistan. Under pressure from the International Monetary Fund, Pakistan implemented economic reforms in the late 1990s. [1] These reforms included a $250 million World Bank loan for banking reform, which helped in loan recovery and reducing operational ...
Pakistan's e-trading mainly involves buying and selling goods, and services using internet or telephone, through the use of electronic means such as computer, fax machine, cellular phone, automated teller machines (ATMs), and other electronic appliances with or without using the internet. Online banking, e-tickets, share trading in stock ...