National Savings

CDNS achieve Rs 740 Billion through fresh bonds by January 8

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 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

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…