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WebbState Bank of Pakistan (SBP) has launched "Deposit Protection Mechanism" for Banking Companies vide DPC Circular No. 4 of 2024 dated June 22, 2024. Which is effective from July 01, 2024. In accordance with Section 7 (1) of the Deposit Protection Act 2016, an amount of PKR 250,000/ (Two hundred and fifty thousand only) per depositor has been ... Webb24 apr. 2024 · There are two ways you can reduce the impact of inflation on your portfolio if you have bonds in it. The first is to buy shorter-term bonds. Bond payments are based on the interest rate at the time they're issued. If your bond matures in a matter of months rather than years or decades, the risks are limited to how much inflation can occur in ... thomas farriner cartoon
Protection money legal definition of Protection money
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