KARACHI: Reversing the debt retirement trend, the private sector made significant borrowings from banks in April to meet its working capital needs.

The State Bank of Pak­istan’s data showed that private sector borrowings started increasing in April to Rs751bn as of May 2.

By Dec 31, 2024, banks had loaned Rs1.4 trillion to the private sector. This surge in lending was partly driven by banks’ efforts to meet Advance-to-Deposit Ratio........

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