History, asked by blooch2, 7 months ago

Explain any three causes of backwardness of banking system in pakistan at the time of independence

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Answered by sneha200577

1

Answer:

DFIs in Pakistan have failed in reaching the targeted sectors and in achieving sustainability mainly because of large defaults. Other issues include modernization of Payment System, arresting bad debts, Continuous improvement in Corporate Governance of banks/DFIs, up-gradation of risk management system.

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