Central bank wants savings accounts profit rate hiked to 7.25pc

KARACHI: The profit rate on savings accounts will rise by 1.5 percentage points to a minimum of 7.25 per cent by Dec 1, the State Bank said on Monday. The announcement came after the central bank raised the policy rate last week to 8.75pc from 7.25pc. The central bank through a social media platform also asked customers to file a complaint with their bank if … Continue reading Central bank wants savings accounts profit rate hiked to 7.25pc