The State Bank of Pakistan has revoked the authorization/license of M/s. Time Exchange Company (Pvt.) Limited over serious violations of regulatory instructions.
As a result, the company—along with its head office and all branches—has been barred from conducting any foreign exchange-related business in any form. The directive takes immediate effect, according to a press release issued by the central bank.
Punjab collects record Rs1.6 billion through e-Abiana in single day
