Finance Minister Nirmala Sitharaman announced in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a primary factor in improving the health of the country's banking sector. The IBC has significantly aided in the recovery of non-performing assets.

KARACHI: The State Bank of Pakistan (SBP) has launched “Cyber Shield”, a comprehensive cyber resilience strategy aimed at strengthening the country’s financial sector against rising cyber threats and aligning protections with global best practices. Read More: SBP governor flags rising cyber risks to banking sector Announced under the central bank’s Vision 2028 agenda, the initiative sets a phased…