Question:

What is the role of the State Bank in the Exit Control?

by Guest22643226  |  1 year, 3 month(s) ago

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I am writing an article. My question is what is the role of the State Bank in the Exit Control List in respect of the borrowers of the banks and other financial institutions?

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  1. Banking Expert
    The State Bank of Pakistan only forwards the names of the delinquent borrowers, recommended by the financial institutions to the Ministry for their inclusion on the ECL. Likewise names of the borrowers, which banks recommend for deletion, are forwarded to the Ministry for necessary action.

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