ISLAMABAD: The Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) signed a memorandum of understanding for the issuance of digital Savings Certificates, a statement said. According to the MoU, the CDNS and CDC will mutually collaborate to convert and issue National Savings Certificates (NSCs) in digital form to reduce … Read more
KARACHI: The investment in registered prize bonds has surged over 140 per cent by December 31, 2021; following the drive of documentation initiated by the government. According to the official data released by the Central Directorate of National Savings (CDNS), the investment in registered or premium prize bonds sharply increased to Rs54.92 billion by the … Read more
KARACHI: The rate of profit on premium prize bonds having denominations of Rs25,000 and Rs40,000 has increased to 1.86 per cent from the existing 1.79 per cent, according to the Finance Division on Wednesday. The State Bank of Pakistan (SBP) has also issued a circular to inform the change of rate to all the presidents … Read more
