From CapeNews.Net By ELIZABETH W. SAITO August 8, 2014 Forty years ago today, President Richard M.
MFD Circular No. 2 (amending MFB prudential regulations on cash reserve & liquidity)
(enacted in 2010)
MFD Circular No. 2 of 2010, issued by the State Bank of Pakistan, amends Prudential Regulations Nos. 6 & 27 of Prudential Regulations for Microfinance Banks (2007), which deal with maintenance of cash reserve & liquidity and submission of periodical returns, respectively.