Pakistan, Oct. 6 -- Pakistan's financial sector is witnessing a silent revolution - one led not by mega projects or bailouts, but by digital technology empowering small businesses and farmers. Historically, commercial banks in Pakistan have steered clear of small-ticket borrowers, citing high risks and costs. But that mindset is changing fast.

According to the State Bank of Pakistan, financing for small and medium enterprises (SMEs) surged by nearly 41 per cent to Rs690.98 billion in FY25, while agriculture credit rose 16.3pc to Rs2.58 trillion. The number of borrowers in both segments has expanded sharply - SMEs up by 56pc and agricultural borrowers by 9pc - signalling a shift in lending behaviour powered by technology. "Digitisation of...