There is a news circulating among Markets and Business Community that Bank Alfalah, Muslim Commercial Bank (MCB) and NIB have been declared defaulters. many people are insisting me and others to withdraw everything I have in accounts in these banks.. Though, I believe its just a rumor, and trying to confirm the authenticity of the news from some reliable sources.

Same things are told about Standard Chartered Bank as well.. but It looks pretty impossible for such big groups getting bankrupt.

I will also be updating this post once the news is confirmed. Any information from the readers will entitle for equal reputation.