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The State Bank of Pakistan (SBP) Takes Action Against NBP Hafizabad Branch Over Fake Currency

The State Bank of Pakistan Takes Action Against NBP Hafizabad Branch Over Fake Currency

The State Bank of Pakistan (SBP) has sealed the Hafizabad branch of the National Bank of Pakistan (NBP) after detecting counterfeit currency notes worth Rs. 2 million. This shocking discovery has led to a Rs. 200 million fine imposed on the NBP, marking a significant regulatory response to the oversight failure. The fake currency was…

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