8.31 lakh fines on banks in the first quarter

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In the first quarter of this financial year, the State Bank of Pakistan has imposed fines of Rs. 83.1 million on the banks.

According to the State Bank of Pakistan, fines were imposed on 4 banks between July and September.

State Bank Ofca also said that fines have been imposed on banks for violating the foreign exchange and banking services orders.

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