Bank & Finance

The overall weighted average interest rate spread in the country’s banking sector rose to 3.05 percentage points in March after remaining below 3 percentage points for several months after the implementation of 9-per cent lending rate. The weighted average interest rate is the difference between the weighted average lending rate…

The National Board of Revenue has finalised draft rules on a faster release and disposal of perishable goods to ensure that quality and standards of the goods remain intact. Customs wing of the revenue board on Tuesday published the draft rules tilted ‘Perishable Goods Speedy Disposal Rules-2021’ with a provision…