Tag: bank loans

CJP orders loan defaulters to repay 75% of principal amount

Justice Nisar says recovered amount to be used for dams' fund ISLAMABAD: Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Thursday directed defaulting individuals...

CJP warns loan defaulters of trials if they don’t cough up...

--CJP says 222 defaulters should either pay 75% of principal amount or face cases in banking courts --Says recovered amount could be used to repay...

LHC orders auction of Ittefaq Textile Mills to repay bank loans

LAHORE: The Lahore High Court (LHC) on Monday ordered the auction of the Sharif family’s Ittefaq Textile Mills on December 15, for the repayment...

PM’s loan scheme: Rs8 million embezzled in Mardan

An officer of National Bank of Pakistan (NBP) in Mardan region embezzled millions of rupees in the Prime Minister’s Youth Business Loan Scheme by...

Govt campaign to vilify Tareen backfires

Official documents from the State Bank of Pakistan (SPB), United Bank Limited (UBL), Muslim Commercial Bank (MCB) and Faysal Bank to the election commission of Pakistan and other government departments appear to vindicate the stance of Tareen.