Gov't to implement single-rate fee structure for PPSA registry bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
PLRA to set up rural centres
The authority established 100 satellite centres, 152 LRCs across Punjab
APP
April 12, 2021
MULTAN:
Punjab Land Record Authority (PLRA) have established 100 satellite and 152 Land Record Centres (LRC) across the province after the approval of Land Record Authority Act 2017.
According to PLRA officials, the authority was offering 38 types of ownership and 48 types of mutation documents through its different centres across the province.
The authority would increase capacity of land record centres to 700 by establishing rural centres in different areas.
The authority had also established 20 mobile land record centres to facilitate citizens at their door steps. Sources added that facility of fardaat and others were also being offered to citizens through 2300 E-Sahulat Centres of NADRA and 10 E-Khidmat centres across the province.
BusinessWorld
February 18, 2021 | 12:33 am
By
Reporters
THE BANKING industryâs nonperforming loan (NPL) ratio is expected to be reduced, with the implementation of the Financial Institution Strategic Transfer (FIST) law, Bangko Sentral ng Pilipinas Governor Benjamin E. Diokno said.
âIt will ease the NPL ratios of banks moving forward. FIST is expected to reduce the NPL ratio by about 0.63 to 7.0 percentage points,â Mr. Diokno told reporters in a Viber message on Tuesday night.
The banking industryâs NPL ratio stood at 3.61% as of end-December, much higher than the 2.08% a year earlier but still better than BSPâs 4.6% projection for end-2020.
Republic Act No. 11523, or the FIST Act, was signed into law by President Rodrigo R. Duterte on Tuesday. The law allows banks to clean up their books by selling their soured loans to so-called Financial Institutions Strategic Transfer Corporations (FISTCs).
PHL likely to avoid FATF 'gray list' bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.