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business
Thursday Jun 10 2021
By
Web Desk

PSX CEO Farrukh Hussain khan asks govt address overreliance on banks

By
Web Desk

Pakistan Stock Exchange CEO Farrukh Hussain khan urged the government to look into theĀ overreliance on banks ahead of the federal budget.

Farrukh said that reliance on banks is "unstainable and is expensive for the government, corporations, and individuals".

"For Pakistan's growth and for the banking sector, it is important that silos of the capital market and banks break and Pakistanā€™s economy is built on both these pillars," said the CEO of PSX.