KARACHI: The total deposits held by banks declined by Rs424 billion (2.1 percent) on a month-on-month basis to stand around Rs20.1 trillion in April 2022. According to the data released by the State Bank of Pakistan on Tuesday, investments jumped to Rs15.2 trillion in April, showing a growth of 22.5 percent on a yearly basis. The higher growth in investments can be attributed to higher borrowings by the sector. On a sequential basis, the total investments by commercial banks increased slightly by 1.3% from Rs12.4tr in the previous month. TLTP
