KARACHI: As per the data released by the State Bank of Pakistan (SBP), the banking sector has rolled out loans worth Rs30bn under Government’s Markup Subsidy Scheme (G-MSS).
According to the details, the loans have been disbursed against the applications of Rs90bn for low-cost housing finance.
Similarly, the central bank has also directed the banks to develop an income estimation model for extending the markup subsidy finance to the people earning from informal sources.
Furthermore, the central bank has also advised the banks to standardise and simplify the procedures to extend the facility of low-cost housing finance.
For news and blogs, visit Graana.com
Matiari, a district in Sindh province rich in history and culture, is well-known for its…
The Indus Highway, officially called National Highway 55 (N-55), is a 1264 km two—to four-lane…
Khairpur Tamewali is a town located in Bahawalpur, Pakistan. Known initially as Tanori, named after…
Amidst the lush valleys of the Malakand region in Khyber Pakhtunkhwa, Pakistan, lies the city…
Situated at the base of a hill with natural springs and shaded by a verdant…
Phool Nagar is in Pakistan's Punjab Province, in the Kasur District. It changed its name…