By Ariba Shahid
O
f all the crazy things to hope or expect, wanting banks to not be greedy is up there. Corporations exist to make money, and banks are more serious about this than most sectors. And why wouldn’t they be? They’re
BANKING
entrusted with money from individuals and a lot of people depend on them for their good business sense. It is their job to make money and thus their job to be greedy. For banks, greed is good. Expecting them not to be greedy is expecting them to go against their innate nature and also be bad at their job. Like expecting a great white shark to go vegan. For some reason the ministry of finance wants to
reprimand banks for being greedy. On Thursday, the Finance minister went live on ‘Dunya Kamran Khan k Saath’ to talk about the money market and the macroeconomy in general. When talking about the debt market, Kamran Khan asks, “The banks have blackmailed (the government). Why is the state quiet?” To which Finance Minister, Shuakat Tarin who is an ex banker himself
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