US EditionSBP reveals how much deposits in bank accounts have legal cover
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SBP reveals how much deposits in bank accounts have legal cover
ISLAMABAD: The State Bank of Pakistan (SBP) has revealed how much deposits in accounts of commercial banks have legal protection, ARY News reported on Wednesday. Briefing the Senate Standing Committee on Finance and Revenue on Deposits Protection Corporation (DPC), SBP Deputy Governor Inayat Hussain said that the funds of depositors had legal protection worth Rs 500,000. Inayat Hussain warned that if a bank fails, depositors with more than Rs 50…
·Pakistan
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