Islamabad:
Government loans from national banks climbed 35 rummage of rupees in 2024, which led to high profits of 600 billion rupees for commercial banks, mainly due to high interest rate, sources announced on Wednesday.
Sources of the Ministry of Finance said that commercial banks had earned more than 600 billion profits for the first time in 2024 due to the government’s loan from private banks at a high interest rate.
They added that loans from local commercial banks have exceeded RS35 Billions, compared to 25.2 billions of external rupees.
