Shehri Tv

Governor State Bank of Pakistan, Dr. Reza Baqir, unveiled the Asaan Mobile Account (AMA) today in a launch ceremony held at SBP headquarters Karachi. AMA allows opening of a branchless banking account by dialing a simple code *2262# on a mobile phone. The account holder can then deposit money in his or her account at any branchless banking agent and use the same for transactions through mobile phone. AMA is an initiative of State Bank of Pakistan (SBP) to achieve National Financial Inclusion Strategy (NFIS) target of promoting digital financial inclusion in the country. AMA has been launched with the key support of various stakeholders including PTA, NADRA, Branchless Banking (BB) Providers, Cellular Mobile Operators (CMOs) and Virtual Remittance Gateway (VRG). VRG has been licensed jointly by SBP and PTA under the regulations for mobile banking interoperability. The launch ceremony was chaired by Dr. Reza Baqir, Governor SBP and addressed by Ms. Sima Kamil, Deputy Governor SBP, Chairm...

  By Abdul Qadir Qureshi   (Pakistan News & Features Services) Corruption and mismanagement at the Karachi Water and Sewerage Board (KW&SB) seem to have become so rampant and the menace was only to grow further to the extent of being irreversible if most drastic action was not initiated to overcome it.  The situation in this public utility organization is reported to have reached its present stage due to malpractices carried out at the behest of the various political parties who desired to have their maximum possible control at this organization as they considered it a goose delivering golden eggs.  A number of official documents containing disgusting material verified the growing concerns about the ruining of this particular organization which enjoyed good reputation in the past in the absence of political interventions.  One of documents showed the name of one Aijaz Kazmi, a Superintending Engineer (BS-19), in his last quarter of service, getting himse...