Active Stocks
Thu Apr 18 2024 15:59:07
  1. Tata Steel share price
  2. 160.00 -0.03%
  1. Power Grid Corporation Of India share price
  2. 280.20 2.13%
  1. NTPC share price
  2. 351.40 -2.19%
  1. Infosys share price
  2. 1,420.55 0.41%
  1. Wipro share price
  2. 444.30 -0.96%
Business News/ News / World/  Taliban launch charm offensive with Afghan banks amid funding fears
BackBack

Taliban launch charm offensive with Afghan banks amid funding fears

Acting central bank governor Haji Mohammad Idris met members of the Afghanistan Banks Association and other bankers this week, and told them that the Taliban viewed the banking sector as imperative

The militant group which now controls the country was working to find solutions for liquidity and rising inflation (AFP)Premium
The militant group which now controls the country was working to find solutions for liquidity and rising inflation (AFP)

The new, Taliban-appointed head of Afghanistan's central bank has sought to reassure banks the group wants a fully-functioning financial system, but has so far provided little detail on how it will supply funds to sustain it, said four bankers familiar with the matter.

Acting central bank governor Haji Mohammad Idris met members of the Afghanistan Banks Association and other bankers this week, and told them that the Taliban viewed the banking sector as imperative, said two bankers who attended the meeting. The militant group which now controls the country was working to find solutions for liquidity and rising inflation, they quoted Idris as saying.

 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 01 Sep 2021, 10:12 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App