Commercial Bank International leads investment round in generative AI fintech

Apr 05, 2024

Commercial Bank International (CBI) has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending.

Scheduled commercial banks reduced one-year median MCLR to 8.50%: RBI

Jun 30, 2026

Scheduled commercial banks (SCBs) lowered their benchmark lending rates in June, with the one-year median Marginal Cost of Funds-based Lending Rate (MCLR) falling to...

Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Average lending rates of scheduled commercial banks declining in line with repo rate cut

Jul 02, 2025

The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from...

RBI survey shows optimism in bank lending; loan demand set to rise across sectors

Oct 03, 2025

The Reserve Bank of India (RBI) has released the results of the 33rd round of its quarterly Bank Lending Survey (BLS) of scheduled commercial...

Commercial vehicle loans post 20.1% five-year CAGR as used cars and auto premiumisation drive lending: report

Aug 22, 2026

Commercial vehicle loans recorded a 20.1 per cent five-year compound annual growth rate (CAGR) between June 2021 and June 2026, anchoring an expansion across...