CDNS secures Rs 20 Billion in Islamic finance for first quarter of 2023-24
The Central Directorate of National Saving has secured Rs 20 billion in the Islamic Finance in the first quarter of the current Fiscal Year from July 1st to September 30th 2023-24. The Central Directorate of National Saving has set a target of Rs 75 billion in Islamic fiscal year 2023-24 to promote the Islamic financial…
CDNS attains Rs 210 Billion targets in fresh bonds
The Central Directorate of National Savings has attained target of Rs 210 billion in fresh bonds in the current fiscal year, from July 1st to August 31, 2023-24. The Central Directorate of National Savings surpassed the annual target and achieved the target of Rs 1.6 trillion in fresh bonds in the current fiscal year from…
CDNS achieve Rs 740 Billion through fresh bonds by January 8
The Central Directorate of National Savings (CDNS) achieved the target of issuing Rs 740 billion in fresh bonds in the current fiscal year 2022-23 from July 01 to January 8, 2023. The CDNS has set a reviewed saving target of Rs 1.3 trillion for the current financial year (2022-23) which will “promote the savings culture…
Staff shortage bars National Savings from facilitating pensioners
Staff shortage and inadequate number of branches have made it impossible for the National Savings to facilitate pensioners and investors at various branches across the country. An administrative and management crisis surfaced when the Finance Ministry transferred the system of saving banks and pensions from the Pakistan Post to the National Savings as the latter…
National Savings collects Rs 735 billion fresh deposits by March 10
The Central Directorate of National Savings (CDNS) on Sunday collected Rs 735 billion fresh deposits in the last seven months of current fiscal year 2021-22 from July 1st to March 10th. The CDNS has set an annual gross receipt target of Rs 980 billion from July 1 to June 30 of the previous fiscal year…
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